Grace Period - 2016 Schedule B and HTS updated in AES On January 5th, the Schedule B and Harmonized Tariff Schedule (HTS) tables in the AES have been updated to accept the changes to the 2016 codes. AES will accept shipments with outdated 2015 codes during a grace period for 30 days beyond the expiration date of December 31, 2015, and reporting an outdated 2015 code after … [Read more...]
NEW CONTAINER WEIGHING REGULATIONS – Coming in 2016!
NEW CONTAINER WEIGHING REGULATIONS - Coming in 2016! There are new container weighing regulations due to take effect globally on 1 July 2016. The amendments to the SOLAS (Safety of Life at Sea) Convention require packed shipping containers to have a verified gross mass (VGM) before they can be loaded on a ship for export. The amendments were adopted by the IMO … [Read more...]
Maralit’s Convicted of AECA & Denied Export Privileges
Maralit's Convicted of AECA & Denied Export Privileges Both Rex Gene Maralit and Wilfredo Maralit were convicted separately in New York of violating the Arms Export Control Act (AECA) by knowingly and willfully exporting to the Philippines various defense articles - firearms, fiream accessories and components, without first obtaining the required license or written … [Read more...]
Export Classification Codes Part 1
Export Classification Codes Part 1 From Global Reach - Export Classification Codes Part 1: Mixtures With mixtures, kits, and parts, correctly classifying products can be especially tricky. The General Rules of Interpretation (GRI) are a standard set of rules that helps exporters determine the correct classification for products. It provides international guidance on how … [Read more...]
Defendant Sentenced to 27 Months in Prison & Fined over $500K for Export of Luxury Vehicles to China
Defendant Sentenced to 27 Months in Prison & Fined over $500K for Export of Luxury Vehicles to China Defendant Mao Peng of Shorewood, Wisconsin was sentenced to 27 months in federal prison and ordered to pay $517,265 in restitution. Peng had previously pleaded guilty to three felony offenses: Conspiracy to engage in wire fraud Conspired to defraud the State of … [Read more...]