The US Customs and Border Protection (CBP) promulgated a final rule adopting, without change, the proposed amendments to CBP regulations that provide that interest will accrue where an owner or master fails to timely pay the duties determined to be due on the purchase of equipment for or repair to a US vessel while outside the United States.

The rule comes into effect on April 25. 77 Fed. Reg. 17331 (March 26, 2012).

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