„Zone Status“
What does Zone Status stand for?
(USA) Merchandise admitted to a U. S. Foreign Trade Zone may be given a special status which affects what may done with it. For example: when entered into the U. S. Customs territory it may be dutiable at rates and values applicable at that time; or it may be given a status which fixes the applicable rates and values at those in effect at the time when it was admitted to the zone; or it may have a status which denies entry to the U.S.A. altogether.
Source:
Customs and TariffsView all itemsSylvia O. Hargrave, (2003). “U.S. Customs: A Practitioner’s Guide to Principles, Processes, and Procedures”. Chicago: International Import-Export Institute. Pages 98-103.
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