Privileged foreign stat us Sample Clauses

Privileged foreign stat us. I n t h e c a se of a p r ivileged fo r eig n s t a t u s good, d u t y i s a ssessed o n t h e good i n i t s co n- di t io n a n d q u a n t i t y , a n d a t i t s xxxx x x , a t t h e t i m e p r ivileged s t a t u s i s g r a n t ed i n t h e zo n e. Example O&G, I n c. a d m i t s K u w a i t i c ru de pe t r ole u m i n t o i t s zo n e a n d r eq u es t s, o n e m o n t h l a t e r , p r ivileged fo r eig n s t a t u s o n t h e c ru de befo r e r efi n i n g t h e c ru de i n t o m o t o r g a soli n e a n d k e r ose n e. Upo n wi t h d r a w a l of t h e r efi n ed goods f r o m t h e zo n e b y O&G, I n c. fo r expo r t a t io n t o Ca n a d a , a Cu s t o m s F o r m 7501 i s filed s h owi n g $700 i n es t i m a t ed d u t ies o n t h e i m po r t ed c ru de pe t r ole u m ( r a t h e r t h a n o n t h e r efi n ed goods w h ic h wo u xx x x ve bee n a ssessed $1,200). D&O i s t h e co n s ig n ee i n Ca n a d a a n d p a y s t h e Ca n a di a n c u s t o m s d u t y a ssess m e n t of t h e eq u iv a le n t of U S$1,500 o n t h e goods. O&G, I n c. i s e n t i t led t o a w a ive r of t h e fu ll $700 i n d u t ies u po n fili n g of a p r op- e r cl a i m un de r p a r a g r a p h ( a)(3) of t h i s sec- t io n .
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Related to Privileged foreign stat us

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