• CUSTOMER WHO WANTS COPY OF BOND

      Question:   I have a question. We have a possible new customer who buys product from us domestically. Our merchandise is imported and up until now I have never heard of such a request. Customer claims they must have an actual copy of our bond, complete with bond number etc for their records or […]

  • Bonded Warehouse

      Question:   We import freight that is delivered directly to our DC warehouses.  Do the warehouses need to be bonded since we are the IOR?   Do the overages and damaged need to be kept in a inbond caged area or can the supplies just be separated in an area on the DC floor? […]

  • NEW BOND FOR PURCHASED COMPANY

      Question: Our company was recently purchased. We just received a request from the parent company for information on our Customs Bond status. They are wanting to add us to their Customs Bond. My question is can they add our company to their current bond since we are an incorporated business? **********

  • BEDROOM FURNITURE FROM VIET NAM

      Question: Has anyone heard that Customs has started requiring, or will soon begin to require, additional single-entry bonds for bedroom furniture out of Vietnam or Malaysia (b/c of product transshipped from China to avoid anti-dumping fees).  Our broker recently mentioned this to us but we had not seen anything about it.  Any information on […]

  • Continuous bond and various mfg locations

    Question: If our corporate address in HOUSTON, and we have other physical manufacturing locations having the same tax number and name, but located in FLORIDA, ALABAMA, TENNESSEE, do all of these physical locations need to be shown on a continuous import bond if they will be importing? All 4 locations have the same tax I.D. […]

  • AUTHORIZATION AS A BONDED CARRIER

    Question: A sister company is seeking to become an authorized bonded carrier…. In most cases I wouldn’t at all be interested in what they do (or don’t)because I am not an employee of this related company.  However, in thisinstance, if they succeed in becoming an authorized bonded carrier they willbe transporting our goods in bond.  […]

  • Guidline for Setting Bond Amounts

    Question: The guidelines from our bonding company show that a bond for a warehouse entry is taxes and fees plus two times the duty.  I have asked for a citation where that is listed and have not found any.  The bonding company stated it was in Directive 3510-004, Monetary Guidelines for Setting Bond Amounts but […]

  • Custodian of Bonded Merchandise

    Question:   We do not operate an FTZ nor are we a Bonded Warehouse.  However, we do regularly get delivered uncleared (bonded freight – both I.T.s and T&Es) on a regular basis.  However I found a Bond Rider on file for a “Custodian of Bonded Merchandise”.    Although some of our local staff have told me […]

  • 19CFR113.40

    We are an importer, about to renew our continuous bond.    I’d be interestedin hearing from any members who provide CBP with cash, U.S. bonds, Treasurynotes or Treasury bills in lieu of using bond sureties-pursuant to19CFR113.40.   Personally, I’ve not heard of this concept before, but ourlegal team wants me to look into the possibilities. […]

  • 9803.005 AND BOND INFO

    When entering returnable totes and drums under HTS 9803.005 , do we need tohave a separate Customs Bond to support the entry?  We have a continuousbond in place. ================================================== Answers: Yup you need an additional bond. ================================================= You need to look at setting up an IIT program (which requires an IIT bond). When this is […]

  • Continuous Bond

    We are an importer, about to renew our continuous bond. I’d be interested in hearing from any members who provide CBP with cash, U.S. bonds, Treasury notes or Treasury bills in lieu of using bond sureties-pursuant to 19CFR113.40. Personally, I’ve not heard of this concept before, but our legal team wants me to look into […]