In the December 23, 2014, Federal Register, USDA announced a proposed rule regarding the issuance of licenses to import certain dairy articles under tariff-rate quotas as set forth in the Harmonized Tariff Schedule of the United States. The proposal would suspend, for an additional seven years, the historical license reduction provision (which is currently slated to expire with the beginning of 2016 quota year), modify procedures for collecting licensing fees, and require exclusive use of electronic communications in the application, reporting, and payment processes. Comments due February 23, 2015.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.