[Code of Federal Regulations]
[Title 19, Volume 1]
[Revised as of April 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 19CFR19.24]

[Page 314]
 
                        TITLE 19--CUSTOMS DUTIES
 
  CHAPTER I--UNITED STATES CUSTOMS SERVICE, DEPARTMENT OF THE TREASURY
 
PART 19--CUSTOMS WAREHOUSES, CONTAINER STATIONS AND CONTROL OF MERCHANDISE THEREIN--Table of Contents
 
Sec. 19.24  Theoretical transfer without physical shipment of dutiable metal.

    (a) Transfer may be made from one port of entry to another by a 
withdrawal for transportation and rewarehouse executed in regular form 
without physical shipment of the metal, provided enough like metal in 
any form is on hand at the establishment to which the theoretical 
transfer is made to satisfy the new bond obligations.
    (b) The wastage allowance established for the plant from which the 
original withdrawal for transportation was made shall be shown on the 
transfer withdrawal and set up as a part of the charge against the bond 
at the plant to which the metal was theoretically transferred. Such 
wastage shall govern and be the basis for allowance when metal is 
withdrawn from the plant where the theoretical rewarehousing was 
affected.