New Message for Alcohol Importers from the CBP & TTB

As we keep you informed about the implementation of the changes in the Tax Reform Bill, we want to pass on the latest information from US Customs and Border Protection:

CSMS# 18-000103 - MESSAGE TO ALCOHOL IMPORTERS FROM CBP AND TTB

01/31/2018 12:56 PM EST

Automated Broker Interface

MESSAGE TO ALCOHOL IMPORTERS FROM CBP AND TTB

Under the Craft Beverage Modernization and Tax Reform Act of 2017 (as contained in Public Law 115-97), appropriate procedures must be established in order for an importer to receive a lower effective excise tax rate on qualifying imports of beer, wine, and distilled spirits. The Alcohol and Tobacco Tax and Trade Bureau (TTB) and U.S. Customs and Border Protection (CBP) will be updating their websites with forthcoming guidance to importers.

Until such procedures are established and guidance is issued, importers of beer, wine, and distilled spirits seeking to qualify for excise tax relief, based on qualifying assignments made by a foreign producer, should continue to pay the full excise tax rates. Importers will be provided with the opportunity to seek the applicable excise tax relief, on entries made after the law went into effect, once forthcoming procedures and guidance have been issued.

If you have any questions relating to this message, please let us know!