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OMB # 12050342 Exp. 8/31/2019 U.S. Department of Labor Office of Trade Adjustment Assistance Business Data Request (Service) Compliance Date:Processing Instructions A petition for Trade Adjustment

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What is nafta transitional adjustment?

Nafta transitional adjustment refers to the process of calculating and reporting any duties or taxes owed on goods imported under the North American Free Trade Agreement (NAFTA) that are no longer eligible for preferential treatment.

Who is required to file nafta transitional adjustment?

Importers of goods that were previously eligible for preferential treatment under NAFTA but are no longer eligible due to the termination of the agreement.

How to fill out nafta transitional adjustment?

To fill out NAFTA transitional adjustment, importers must provide detailed information about the imported goods, their value, and the duties or taxes owed. This information is typically reported to customs authorities using specific forms or electronic systems.

What is the purpose of nafta transitional adjustment?

The purpose of NAFTA transitional adjustment is to ensure that duties or taxes owed on goods imported under the terminated NAFTA agreement are correctly calculated and paid.

What information must be reported on nafta transitional adjustment?

Importers must provide information about the imported goods, their classification, value, and the duties or taxes owed. They may also need to provide documentation to support the information reported.

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