Bureau of Industry and Security Announces $2.8 Million Civil Settlement with Computerlinks FZCO for Charges Related to Unlawful Exporting of Technology to Syria Computerlinks FZCO of Dubai, United Arab Emirates was charged with three violations of the EAR - Export Administration Regulations regarding devices that monitor & control Internet to Syria. The company has … [Read more...]
Exporting & Restricted Party Screening
Did you know that no matter who you are, where you are located, and what you are exporting, the United States government prohibits you from exporting or re-exporting to certain people, companies, organizations, countries and for certain end-uses? In the United States, exporters must make sure they aren’t shipping to anyone on several government lists of restricted parties or … [Read more...]
Determining your Port of Export Code
The Port of Export code is a four-digit code that identifies specific ports where your shipment is leaving the country per the CBP list. This is a required field in the Automated Export System (AES). If you use the wrong code, it can be considered a Fatal Error that can involve penalties & fines. Entering it correctly can reduce shipment delays by the CBP U.S. Customs and … [Read more...]
New Export Reporting Requirements effective January 8, 2014
The Bureau of the Census (Census Bureau) has added new export reporting requirements to the Federal Trade Regulations (FTR) and has published these new requirements in the Federal Register. These changes include adding two data elements, modifying the post departure filing program, and remedial changes improving clarity and to correct errors. The changes will be implemented … [Read more...]
Incoterms 2010 Overview
INCOTERMS 2010 IncoTerms can be confusing for many, I know I had a difficult time understanding them when I got into the industry. I am going to try to explain them in a way that helped me understand them, hopefully it will be helpful for you. Do not take this in lieu of legal advice, this is just my best attempt at explaining these terms. What and … [Read more...]