[Code of Federal Regulations]

[Title 19, Volume 1]

[Revised as of April 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 19CFR19.24]



[Page 359]

 

                        TITLE 19--CUSTOMS DUTIES

 

   CHAPTER I--BUREAU OF CUSTOMS AND BORDER PROTECTION, DEPARTMENT OF 

              HOMELAND SECURITY; 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withdrawn from the plant where the theoretical rewarehousing was 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.