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    FTZ - How Foreign Trade Zones differ from other CBP programs?

    With foreign-trade zones, unlike other similar programs (bonded warehouses and temporary importing under bond) administered by Customs and Border Protection (CBP), there is generally no time restraints on merchandise remaining in a zone, whether or not subject to duty. Domestic and foreign goods may be admitted to a zone without being subject to Customs duties or certain excise taxes. Goods may be exported from a zone generally, free of duty and tax.

    FTZ Board, Import Administration, USDOC
    http://ia.ita.doc.gov/Ftzpage/index.html


 
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