October 11, 2019 – The International Trade Commission (ITC) announced they are accepting Miscellaneous Tariff Bill (MTB) petitions for the period beginning January 1, 2021.
Petitions may be filed on the ITC’s Miscellaneous Tariff Bill Petition System (MTBPS) portal, beginning October 11, 2019, until 5:15 p.m. (EST) on December 10, 2019.
MTBs temporarily reduce or suspend the duty on imports of approved products, for a three-year period. Goods must be ‘non-controversial’ or ‘non-competitive’ products that are ‘revenue neutral’ (meaning not more than $500,000 in duty per year over three years).
Once petitions are filed, the ITC accepts public comments, then issue a report of those approved, for furtherance to the House Ways and Means Committee, and Senate Committee on Finance, who compile a MTB implementing the duty reductions and suspensions.
If you have any questions regarding the start of 2021 MTB petition submission process, Livingston can help! Please contact your Livingston account manager, or our U.S. Regulatory Affairs Group at email@example.com.