Just a brief reminder that the MTB process is scheduled to begin in less than a month. The U.S. International Trade Commission will begin accepting petitions for duty suspension/reduction on qualifying articles October 14, 2016. This will start a 60-day period for accepting petitions. Given the large number of petitions expected to be filed, and the limited time (and resources) available to review those petitions, the ITC has recommended that interested parties make their submissions as early in the process as possible, as it cannot guarantee that all petitions will be able to be reviewed.
If you are considering whether to submit a petition for duty suspension/reduction, please let us know. While the petition itself is not particularly complex, there are certain issues that can trip companies up in this process (i.e., not defining the product narrowly enough thereby exceeding the $500,000 a year in revenue loss, etc.). Again, given the number of petitions expected to be filed, and the ITC’s limited time and resources, petitions with any defect whatsoever may be deemed ineligible.
We are helping numerous clients with their petitions and would be happy to help you determine whether this is worth pursuing and, if so, steering you through it.
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