Late submission penalty for export-import applications: graded late cut applied based on duration of delay. Amends the Handbook of Procedures to permit consideration of applications received after the prescribed receipt date subject to a graded late cut: 2% for filings within six months after the last date, 5% for filings after six months but within one year, and 10% for filings after one year but within two years; enacted under Paragraph 2.4 of the Foreign Trade Policy as a public interest procedural amendment.
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Late submission penalty for export-import applications: graded late cut applied based on duration of delay.
Amends the Handbook of Procedures to permit consideration of applications received after the prescribed receipt date subject to a graded late cut: 2% for filings within six months after the last date, 5% for filings after six months but within one year, and 10% for filings after one year but within two years; enacted under Paragraph 2.4 of the Foreign Trade Policy as a public interest procedural amendment.
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