Supreme Court tariff decision: U.S. Customs has new deadline for companies seeking refunds

Print

Tariff ruling deadlineThere is a new deadline for U.S. importers to file for electronic refunds if the Supreme Court rules President Donald Trump’s IEEPA tariffs are illegal.

U.S. Customs published details of a new electronic refund process on Jan. 2, established as part of a March 25 Trump executive order on modernizing government payments and phasing out physical checks. 

A Supreme Court ruling on the legality of the Trump tariffs could come as early as this Friday. The mandatory deadline for importers to sign up in order to receive electronic refunds through the Automated Clearing House (ACH) network with Customs is Feb. 6.

The new digital Customs system is called ACE (Automated Commercial Environment), a secure electronic portal allowing businesses to file import/export data, manage trade information, and comply with regulations. ACE will manage the ACH refunds.

More...