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March 11, 2010
CBP Requires Use of New Form 7501 on April 1, 2010

After extending the deadline for the requirement to use the June 2009 version of CBP Form 7501 (Entry Summary), U.S. Customs and Border Protection (CBP) will begin requiring its use on April 1, 2010, per CSMS #09-000299.  This means that on April 1, entry summaries filed with a form other than the June 2009 CBP Form 7501 version will be rejected.

CBP uses the data transmitted through the Automated Broker Interface (ABI) and reflected on CBP Form 7501 – in conjunction with commercial invoices and associated trade documents – to determine the classification, value, and admissibility of merchandise.  Under the Informed Compliance requirements for importers, these documents should be reviewed for accuracy.  FedEx Trade Networks provides copies of entry documents for our customers through paper and electronic media for all entry types.  Importers are required to keep entry documents for five (5) years from date of entry.

FedEx Trade Networks began production of Entry Summaries using the new Form 7501 on Sunday, March 7, 2010.

The new Form 7501 is posted online at the following URL: http://forms.cbp.gov/pdf/CBP_Form_7501.pdf

The CBP Web site contains detailed information on CBP Form 7501, including a 7501 FAQ, a link to CBP Form 7501 and the continuation sheets, as well as the CBP 7501 instructions (posted 8/31/05), which apply to the new 7501 form.  This Web site can be accessed at the URL below:
http://www.cbp.gov/xp/cgov/trade/trade_programs/entry_summary/cbp7501/

CSMS #09-000299 (dated 09/03/2009) is available at the following URL:
http://apps.cbp.gov/csms/viewmssg.asp?Recid=17691&page=&srch_argv=09-000299&srchtype=&btype=&sortby=&sby=

For more information, please contact your local FedEx Trade Networks Transport & Brokerage office. For a complete list of office locations go to http://www.ftn.fedex.com/locations/index.html.