Patent ID: 8548880

Claim:
A non transitory computer-readable medium having stored thereon processor-executable instructions that when executed by at least one processor result in the following: receiving data indicative of a plurality of imported components, each one of the plurality of imported components being subject to an import duty if a respective condition associated with the imported component is not satisfied, wherein each one of the plurality of components is associated with a same common deadline to satisfy the respective condition associated with the one of the plurality of components; maintaining, in advance of the common deadline to satisfy the respective condition, data indicative of ones of the plurality of imported components for which the respective condition has not been satisfied; wherein the maintaining, in advance of the common deadline to satisfy the respective condition, data indicative of ones of the plurality of imported components for which the respective condition has not been satisfied comprises: providing, in advance of the common deadline to satisfy the respective condition, data indicative of ones of the plurality of imported components for which the respective condition has not been satisfied; and updating, at least monthly in advance of the common deadline to satisfy the respective condition, the data indicative of ones of the plurality of imported components for which the respective condition has not been satisfied; and after the maintaining, in advance of the common deadline to satisfy the respective condition, the data indicative of ones of the plurality of imported components for which the respective condition has not been satisfied, determining a respective duty owed for each of the ones of the plurality of imported components for which the respective condition has not been satisfied; wherein the data indicative of a plurality of imported components comprises data indicative of a plurality of components imported into a trade territory; and wherein for each one of the plurality of components, the respective condition associated with the one of the plurality of components is satisfied if, prior to the common deadline to satisfy the respective condition associated with the one of the plurality of components, the one of the plurality of components has been: (i) incorporated into a product that has been exported from the trade territory, (ii) incorporated into a product having a classification that falls within a predetermined group of classifications or (iii) scrapped.