This is the next Reasonable Care Checklist: Country of Origin / Marking / Quota Basic Question: Have you ascertained the correct country of origin for the imported merchandise? 1. Have you reported the correct country of origin on CBP entry documents? 2. Have you assured that the merchandise is properly marked upon entry with the correct country of origin (if required) … [Read more...]
About Foreign Trade Zones (FTZ)
Should your company consider FTZ?? What is a Foreign-Trade Zone? A FTZ is the U.S. Version of an International Free Trade Zone. Always located near a Port of Entry, an FTZ can be used to store foreign or domestic goods, re-package materials, assemble products, manufacture or re-export goods without paying Customs duties. Merchandise can be held indefinitely within an FTZ … [Read more...]
Reasonable Care Checklist: Valuation
REMEMBER: Reasonable care is an explicit responsibility on the part of the importer. This is the next Reasonable Care Checklist: VALUATION Basic Questions: Do you know the “price actually paid or payable” for your merchandise? Do you know the terms of sale? Whether there will be rebates, tie-ins, indirect costs, additional payments? Whether “assists” were … [Read more...]
Counterfeit Consumer Goods Seized
U.S. Customs and Border Protection officers seized a shipment of 70,000 counterfeit consumer goods & products worth an estimated $3.9 million worth of the illicit products (like razor blades, toys, sunglasses, and batteries) for violating intellectual property laws. The shipment arrived from China; the cargo was identified for physical examination upon arriving in … [Read more...]
Reasonable Care Checklist – Tariff Classification
Reasonable care is an explicit responsibility on the part of the importer. Here is the next Reasonable Care checklist. Merchandise Description & Tariff Classification Basic Question: Do you know what you ordered, where it was made, and what it is made of? Have you provided a complete, accurate description of your merchandise to CBP in accordance with 19 … [Read more...]