This version of the form is not currently in use and is provided for reference only. Download this version of CBP Form 447 for the current year.
This is a legal form that was released by the U.S. Department of Homeland Security - Customs and Border Protection on August 1, 2020 and used country-wide. As of today, no separate filing guidelines for the form are provided by the issuing department.
Q: What is CBP Form 447?
A: CBP Form 447 is a form used for the North American Free Trade Agreement (NAFTA) motor vehicle averaging election.
Q: What is the North American Free Trade Agreement?
A: The North American Free Trade Agreement (NAFTA) is a trade agreement between the United States, Canada, and Mexico that aims to promote trade and investment between the three countries.
Q: What is a motor vehicle averaging election?
A: A motor vehicle averaging election is a process that allows a motor vehicle manufacturer to determine the average fuel economy and greenhouse gas emissions of its fleet.
Q: Why is CBP Form 447 used for the motor vehicle averaging election?
A: CBP Form 447 is used to document and submit the motor vehicle averaging election to the U.S. Customs and Border Protection (CBP) agency.
Q: Who can use CBP Form 447?
A: Motor vehicle manufacturers who want to take advantage of the NAFTA motor vehicle averaging election can use CBP Form 447.
Q: What information is required on CBP Form 447?
A: CBP Form 447 requires information about the motor vehicle manufacturer, the vehicles covered by the election, and their compliance with the relevant fuel economy and emissions standards.
Q: Is the motor vehicle averaging election mandatory?
A: No, the motor vehicle averaging election is optional for motor vehicle manufacturers.
Q: Are there any eligibility criteria for the motor vehicle averaging election?
A: Yes, motor vehicle manufacturers must meet certain eligibility criteria to qualify for the motor vehicle averaging election.
Q: What are the benefits of the motor vehicle averaging election?
A: The motor vehicle averaging election allows motor vehicle manufacturers to demonstrate compliance with fuel economy and emissions standards while accounting for variations across their vehicle fleet.
Form Details:
Download a fillable version of CBP Form 447 by clicking the link below or browse more documents and templates provided by the U.S. Department of Homeland Security - Customs and Border Protection.