QUESTION: Are the new Section 301 duties for goods from the EU eligible for drawback? It is not mentioned in the Federal Register notice of 10/9/19 or the CSMS messages. *************** Answers: Section 301 is eligible for drawback. Section 232 is not.
QUESTION: I am based in the USA. My parent company is located in Switzerland. The Switzerland office purchases goods from 2 suppliers (not related) in Poland. Switzerland than sells the goods to me in the USA and instructs the 2 Poland suppliers to export to the USA (drop shipment). Recently I managed to obtain copies […]
QUESTION: We imported some product from our UK division. It was later decided that the product was not needed, so we then wanted to move it to our Netherlands division. I know if we returned it to the UK, there would be no import duty for returned goods. Our Netherlands division is saying that if […]
QUESTION: There are many past requests for clarification on this matter but don’t see the specifics for our current scenario. Hoping the membership can provide some guidance: We are a US only entity but have registered and obtained an EORI# (UK) and a VAT Registration number (DE) upon guidance from our consulting firm. We ship […]
QUESTION: Hypothetical scenario – We have a related party DC in France that we sell product to at $10.00. It sells on to French end users. We sell the same product to an unrelated distributor in Germany at $13.00. It sells on to German end users. Would we contravene any customs valuation laws by selling […]
QUESTION: Hypothetical scenario – We have a related party DC in France that we sell product to at $10.00. It sells on to French end users. We sell the same product to an unrelated distributor in Germany at $13.00. It sells on to German end users. Would we contravene any customs valuation laws by selling […]
QUESTION: In the EU, is there such a thing as a blanket EUR1 movement certificate? I know that the U.S. has this type of arrangement for NAFTA qualifying shipments. I’m wondering if the EU has something similar for its preferential goods within an FTA covering a period of time (e.g. 1 year) for all relevant […]
QUESTION: I’m a US company. I have a subsidiary in the UK. For purposes of this discussion, we’re only worried about being subject to US sanctions. We’re aware that other sanctions, inc. UK, apply. They’re a subsidiary of a US company. ========== Answers: The UK company would need to ensure that they are not engaged […]
QUESTION: Is it possible to set up a US Company with US address as an Importer of Record/ Sold to in EU? ========== Answers: No. You can be a NRI in the EU, but it only make sense if your customers are consumers as you will be hit with the full VAT. Otherwise you need […]
QUESTION: In the wake of the U.S. withdrawal from the JCPOA, the EU has issued its revision to Council Regulation (EC) No 2271/96, which effectively prohibits EU companies (including subsidiaries of U.S. companies) from complying with U.S. sanctions against Iran. This regulation has been on the books for over two decades but has never been […]
QUESTION: I am looking for documentation which details how to determine the price paid or payable for transaction value for the EU – specifically additions such as Royalties, Assists, Selling Commissions. Does anyone have a link or information they would share that specifically address’s this topic? ========== Answers: From a UK perspective, this may give […]
QUESTION: Post-Brexit (or at least after the transition/implementation period ends in December 2020) UK products and components will cease to count for assessing the EU origin of goods and systems and so will cease to benefit from current tariff-free trade with the EU and also any preferential tariff rates under FTAs the EU holds. How […]
