Question: Hello! For the new EU tariff that is calculated with a ceiling of 15%, how does this appear on everyone’s 7501s? Using an example tariff number that is not normally duty free, is your broker doing math on every line and it looks like this: 3926.90.1000 = 3.4% EU Duty = 11.6% Or is […]
Question: I’m currently trying to understand the significance of Block 40 on CBP Form 7501, specifically regarding how it should be completed based on whether a shipment was obtained through a purchase or not. Block 40 requires the filer to certify one of two statements: That the merchandise was obtained pursuant to a purchase or […]
Question: Our broker is advising that we need to pay duties and tariffs on the freight value of our imports because we cannot prove that this is the actual freight paid. The import is under DAP terms, and we are only responsible to import the goods. Our supplier does have a line for freight of […]
Question: Do all apply? If the HTS is 4414.90.0000, would all the following apply? COO=CN Departure 04/07/25; Entry date 05/05/25 – 9903.88.15 – 7.5% section 301 – 9903.01.24 – CN/HK 20% – 9903.01.25 – IEEPA RECIP 10% – 9903.01.63 – IEEPA RECIP CN/HK/MO 125% – 4414.90.0000 – 7.5% Answer 1: Section 301 IEEPA-F IEEPA-R (CN/HK/Macau) […]
Question: Someone from our logistics team sent a 7501 to a domestic customer. It was our import, our 7501. I found out about this too late. Is this something we should be doing? I assumed it was an internal confidential document. Do other importers share their 7501s with anyone that asks? What is the consensus […]
Question: Hello, does PGA information need to be listed/printed on an entry summary? If yes, how much detail should be provided on the 7501? I don’t see any PGA requirements listed in the 7501 form completion instructions. Where can I read more about the PGA information that should be reported on an entry/entry summary document. […]
Question: As self-filers of US Customs entries, we’ve audited all 7501s created before the entry summary date. With our new Global Trade Management software automating entry creation, we aim to reduce or eliminate pre-summary date audits. While some elements still require manual input, we’re considering quarterly sampling—auditing 5-10% of self-filed entries based on risk. We’d […]
Question: We have a foreign supplier that is requesting proof of import so that they don’t have to pay VAT. Is this a normal request? I’m reluctant to share our 7501. Answer 1: Hello, In the EU, proof of Export will suffice for such a purpose Answer 2: You would probably be better off giving […]
Question: I am seeing variances regarding the 7501’s/3461 provided by my broker, and the dates in the ACE data. Example – Entry Date on 7501 – 8-31, on ACE Data – 9-1. Entry Summary Date on 7501 – 9-12 – ACE data 9-14. Trying to explain to the bean counters how this affects when duty […]
Question: CBP has issued rulings that determined that products are eligible for USMCA but also subject to Section 301 duties. Can the membership help in how to prepare the CF7501. We are having difficulty in identifying just how to report China origin and still claim USMCA. Thanks. Answer 1: We utilize a maquiladora for repairs […]
Question: The country of export definition on CF7501 is defined as below: COUNTRY OF EXPORT Record the exporting country utilizing the ISO country code located in Annex B of the HTS. The country of exportation is the country of which the merchandise was last part of the commerce and from which the merchandise was shipped […]
Question: CBP Defines and requires declaration of the “ultimate consignee” at the time of entry. CBP Directive 3550-079A: The Ultimate Consignee at the time of entry or release is defined as the party in the United States, to whom the overseas shipper sold the imported merchandise. If at the time of entry or release the imported […]
