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Periodic Monthly Statement NCAP Testing

Published 20040212

Mark.Schmittling@CORTEZteam.com

On February 4, 2004 the Federal Register published a General Notice on Customs intention of conducting a National Customs Automation Program (NCAP) test.  The test is designed to allow importers and brokers to file a Periodic Monthly Statement for paying duties and fees on Custom entries.  There would be one monthly statement due on the 15th calendar day of the month for the preceding month of entries.  The Periodic Monthly Statement is part of the ACE (Automated Commercial Environment) program designed to modernize the accounting procedures currently in place.  The ACE program is still not operational, but we will keep you advised as it develops.

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