The U.S. Department of Agriculture recently published a final rule increasing its cotton fee assessed on applicable imports effective October 16, 2018 – subject to any adverse comments being received by the department.
As of that date, the rate assessed will increase from $0.011510 per kilogram to $0.011905 per kilogram or by 3.4%. This fee is assessed by the USDA on many cotton and cotton-containing products imported into the U.S.
In the published rule, the USDA also amended its Import Assessment Table identifying those products subject to the cotton fee by Harmonized Tariff Schedule (HTS) number. For each HTS number, the table provides the corresponding conversion factor and the assessment rate.
Revenue generated by the fee is intended to help support research and promotional programs designed to increase demand for U.S. upland cotton.
Please contact your local Delmar International representative or our North American Customs Advisory Services Group for additional information.