Foreign trade zones (FTZ) offer significant advantages, including duty-free provisions for car parts and vehicles. The content explains consumption filing, duty percentages, and the implications of different FTZ statuses. It covers zone restrictions, domestic status, and the drawback claims process. Additionally, it introduces accounting methods for identifying merchandise, focusing on fungible items and inventory accounting methodologies, while emphasizing the importance of direct identification in manufacturing.

#Code of Federal Regulations (CFR) Title 19
#Part 190