Overview
U.S. foreign-trade zones (FTZs) are geographic areas declared to be outside the normal customs territory of the United States. This means that, for foreign merchandise entering FTZs and reexported as different products, customs procedures are streamlined and tariffs do not apply. For products intended for U.S. consumption, full customs procedures are applied and duties are payable when they exit the FTZ.
- | Author: Mary Jane Belle
- | Publisher: Createspace Independent Publishing Platform
- | Publication Date: Dec 31, 2014
- | Number of Pages: 34 pages
- | Binding: Paperback or Softback
- | ISBN-10: 1503277526
- | ISBN-13: 9781503277526
