BONDED WAREHOUSE PROPRIETORS (§19 CFR 19.12(g)) – Business Year
- Bonded Warehouse Proprietors Submission – CBPF 300
- Completed within 45 Calendar Days of end of business year – if December 31, 2020 – February 14, 2021
- For each warehouse
- Maintained on file for five (5) years by Proprietor
- Complete account of all beginning and ending inventory
- All receipts, manipulations, and removals
- Includes G.O. lot merchandise in the Bonded Warehouse
- Seizure lots being held in Bonded Warehouses will not be reported on the CBPF 300
ANNUAL CERTIFICATION LETTER
- Within ten (10) business days of CBPF 300 completion
- Letter to Port Director certifying the CBPF 300 has been prepared and is ready for review
- Port Director will make determination if CBPF 300 should be submitted to CBP for review
CLASS 2 BONDED WAREHOUSES
- Proprietors of Class 2 Bonded Warehouses and any Proprietor who is the Importer of Record of the merchandise
- Do not prepare a CBPF 300
- Prepares an Annual Reconciliation Report
- No specified form
- Within 90 days of end of business year – if December 31, 2020 – March 31, 2021
- Retain report for five (5) years
ANNUAL CERTIFICATION LETTER
- Must be filed within 10 Business days of completion of Report
- For those with a Business Year End of December 31, 2020 – April 14, 2021
- Certifies the reconciliation report is complete and available for CBP review
- Any previously unreported shortages must be reported to the Port Director at this time
- Any unpaid duties, fees or taxes must be paid at this time
If you have any questions, please contact Linda D. King at (816) 561-4999.