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Ftz warning signs Form: What You Should Know
If such a bond is necessary the operator shall submit the bond to CBP at least 90 days before entering the FT. The bond shall be in favor of the Government of the United States and be payable to the Secretary of the Treasury in accordance with 31 U.S.C. chapter 36. Custom Forms 302, 304 and 304-A provide information such as the name of the person applying for and holding the bond. The bond shall expire within 30 days after the date of entry into the FT, or within 10 days before or after entry into the FT, whichever occurs first. The bond shall be filed with the port director in a letter in which it is stated that the applicant has completed an application for a Foreign Trade Zone Admission and shall furnish to the port director on or before the date of entry into the FT a new Foreign Trade Zone Operator's Bond, together with a certified copy of the bond (not a photocopy) dated on or after the second business day of the 10-day period described in paragraph (c) of this section. The bond shall be in favor of the United States for amounts in excess of the 500,000 bond requirements or in the amount of the bond required to be issued at the discretion of CBP. Payment shall be in the amount of 5,000, payable to the Government of the United States per month. The port director may waive any or all of the required payments. It shall be the responsibility of each FT Operator to notify the port director in writing of a waiver if the FT Operator's bond is suspended as a result of a suspension of the operator's operations as a result the suspension of the activities that the operator provides to the Federal Government. Notice to the Secretary of the Treasury of the payment and expiration dates of the Foreign Trade Zone Operator's Bonds required to be filed with the port director. [This note does not form part of the form 214, application for foreign trade zone admission and/or status designation.] Custom Forms 312 Mar 28, 2019, (FTA) — Notice of Suspension of Foreign-Trade Zone Operations Notice of suspension of foreign trade zone operations pending issuance of foreign trade zone entry permit to the foreign trade zone operator, filed with the director of Customs.
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