Importing and Exporting Experts
Who can legally be an importer in the U.S.A.?
The importer of record is defined as the 1) owner or 2) purchaser of the goods, or when designated by the owner, purchaser, consignee,3) a licensed Customs broker.
As your custom broker expert the more information you can obtain and understand what CBP is looking for, the better the chances to obtain a favorable decision.
CBP Form 29 is a formal response on merchandise that has been previously released.
As an importer you have 20 days to respond to this formal response, if you disagree with proposed action, or action taken such as: rate advance, value advance excess weight or quantity or other.
This CBP Form 28 is a formal request by CBP with the purpose to obtain additional or more specific information about this entry to properly classified or determine correct value or for import compliance of this merchandise which has been release.
Shipments which do not comply with Importer Security Filing requirements are subject to a $5,000 penalty per occurrence.
Since January 26, 2009 all ocean cargo bound for the United States are subject to an importer security filing requirement 24 hours prior to loading of the cargo container in the foreign port. This additional cargo information will assist CBP to screen and asses’ potential risks.
A violation will trigger a penalty for; failure to file ISF, late filing or inaccurate data. Any of these will carry a potential $5,000.00 penalty.
In the case of not file, CBP will withhold release or transfer the goods until ISF requirements has been fulfill.
We wanted to make it easy for you to get to the office where your import and export documentation needs to be prepared. If you still need to fill out more documents for importing or exporting we can help at this location before you cross the border. It’s easy to get to our office If [...]
Shipments which do not comply with Importer Security Filing requirements are subject to a $5,000 penalty per occurrence.
CBP has allowed a one-year period of “Flexible Enforcement” and thru informed compliance to smooth the learning curve for importers and carriers adapt to the new 10+2 regulations without the threat of fines.
To prepare for any potential fines, we strongly suggest that first consul your custom broker or logistics service provider and consider implementing procedures that specifically address the ISF requirements. There are several ways to accomplished these requirement but your must make sure that it is address properly, taking into account the culture of your company. Finally monitor compliance with ISF requirements.
The first questions that comes to our mind is why is it so important? What difference will it make? Why change? This is the way I have always done it before. In my opinion as a custom broker the invoice is probably the most important document to import merchandise into any country. Out of this [...]
