The USITC published a preliminary version of the 2012 Harmonized Tariff Schedules of the U.S.; however, the preliminary version does not include the WCO amendments and will not be printed. On December 29, 2011, President Obama signed a Proclamation modifying the HTS to incorporate the WCO changes. Since the amendments will not be effective until 30 days after publication in the Federal Register, the earliest effective date would have been February 1, 2012, if the Proclamation had been published on January 3, 2012. As of January 1, 2012, the Proclamation does not appear in the online version of the Federal Register, so expect to see an effective date sometime after February 1, 2102.
Click HERE to view the preliminary version of the 2012 HTS.
2 comments:
Good info, thanks! Do you have any idea if any the Free Trade Acts are likely to make it into the final printed edition?
Comment on FTA's
While President Obama signed the bills related to the new FTAs into law, there is still work to be done before the agreements are effective. Similar to the proclamation that announced the 2012 HTS, there will be a proclamation containing specific tariff revisions and product specific rules for the new FTAs. Since they were still working on the necessary changes in early December, my guess is that the new FTAs will not be included in the initial printed version.
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