2021 CBMA update

 

Congress passed a permanent extension of CBMA. The current rules will be in place for the next two years, 2021 and 2022. For 2023 and beyond, the current plan is to change the way in which the act is implemented, and importers will pay the pre-CBMA tax rates at time of entry.

We need new letters from your suppliers to clear your order at the lowered rate for 2021. Below is a link to generate a letter for the calendar year. After the letter is signed by your supplier. Please email your letters to cbma@elentenyimports.com.

 

Click here to generate your 2021 CBMA assignment letters 

We will need your letter with all new PO submissions to apply the 2021 CBMA rate to your order should the program continue.

Also, should the program continue into 2021, Elenteny Imports will be raising the cost per supplier invoice from $25 to $45. Our costs over the past year have increased to support the program and ensure proper filing.

One other item that is important regarding the 2021 federal budget. If an agreement is not able to be reached by the end of the year, the US government will shut down everything that is “non-essential” which includes the TTB. COLAs/COLA waivers/Lab analysis will all be put on hold and, similar to a couple of years ago, it will take weeks for the TTB to dig out from the back log.