July 3 CBP Bulletin Proposes to Revoke, Modify Ruling on Certain Composite Goods with Character of Permanent Magnets

In the July 3 Customs Bulletin (Vol. 58, No. 26), CBP published a proposal to revoke or modify eight ruling letters, all of which concern the tariff classification of composite goods with the essential character of permanent magnets under the Harmonized Tariff Schedule of the United States.

Comments on Proposals Due Aug. 2

CBP said consideration will be given to any written comments received by Aug. 2 before taking these actions. In addition, any party that has received a ruling or decision on the merchandise that is subject to the proposed revocations or modifications, or any party involved with a substantially identical transaction, should advise CBP by the date that written comments on the proposed ruling are due. (An importer's failure to advise CBP of such rulings, decisions or substantially identical transactions may raise issues of reasonable care on the part of the importer or its agents for importations after the effective date of the final decision in this notice.)

Proposals

CBP is proposing to revoke or modify the rulings below, and any rulings on these products that may exist but have not been specifically identified. CBP also is proposing to revoke any treatment it has previously accorded to substantially identical transactions.

Certain Composite Goods with the Essential Character of Permanent Magnets