Duty Deferral is available for some importers. Before you go jumping for joy I must inform you that the postponement does NOT apply for entries subject to Antidumping, Countervailing, Section 232, Section 201, or Section 301 duties. This is an especially major blow to importers of Chinese goods who have been suffering on a shortage of goods since before Chinese New Year.
If you are not subject to the above exclusion you must still be experiencing financial hardship due to the coronavirus disease (COVID-19). They have defined hardship as:
An importer will be considered to have a significant financial hardship if the operation of such importer is fully or partially suspended during March 2020 or April 2020 due to orders from a competent governmental authority limiting commerce, travel, or group meetings due to COVID-19, and as a result of such suspension, the gross receipts of such importer for March 13-31, 2020 or April 2020 are less than 60 percent of the gross receipts for the comparable period in 2019.
Please call me immediately if you qualify for the above since the deadline to adjust this months duty is TODAY – MONDAY, APRIL 20TH.