Question: Under the Right to Make Entry Directive, a licensed broker can agree to be the IOR for that Import when asked by a domestic or foreign party or Nominal Consignee. My question, is how does the broker protect himself? Who signs the POA to the broker: domestic party, foreign party, nominal consignee? *************** […]
Question: Two related businesses work together to fulfill a drop shipment to a third party U.S. customer as follows: A U.S. business receives an order from a U.S. customer/end user and places the order on a related corporate factory that is located in the EU. The E.U. factory, under the same corporate ownership as the […]
Question: Can you make corrections on the IOR using the PSC if the duty has been paid? ************* Answers: The documents accompanying this transmission contain confidential information intended for a specific individual and purpose. The information is private and is protected by law. If you are not the intended recipient, you are hereby notified that […]
Question: Company A (shipper) is a Chinese entity Company B is a Related US entity to Company A Company C is Customer located in USA Company A ships from China to Company C in USA under DDP terms. Funds transfer exclusively between Company A and C. However, on the 7501, Company B is […]
Question: We have a division of our company with their own IOR that we are looking to close out and absorb their operations under our corporate entity and IOR. What Customs and compliance implications would we need to consider in doing this. ========== Answer: This is a reduction in complexity (only one IOR to manage […]
Question: My company is looking into using a US vendors warehouse to store imported materials purchased from our foreign vendors. The reason for this is because they want to reduce inventory levels are out facility. The goods will be Customs cleared. It will not be bonded warehouse transaction. They have given me two scenarios to […]
Question: Can a parent company act as the importer of record for their subsidiary companies ? If they cannot and this has been a common practice, would a voluntary self- disclosure need to be made to U.S. Customs ? ============== Answers: I recently had this situation and decided that the parent would act as importer. […]
Question: A business unit is a service provider which is a fulfillment warehouse. The fulfillment warehouse services the customer by providing the following services of receiving, storing, packaging and distributing the customers goods. The customer initiates any actions to their goods and the fulfillment follows the command. I am learning that these customers will place […]
Question: I downloaded import activity via ACE and found an import shipment that needed to be questioned. So here it goes. My USA company enters into an agreement with a domestic USA seller for the purchase of machine parts. Unknown to me, the domestic USA seller goes to his overseas foreign affiliate, that overseas foreign […]
Question: From what I understand, in order to be the designated Importer of Record (IOR) into Mexico, you must have a physical presence in Mexico. Looking for member input concerning what constitutes as a “physical presence” in Mexico (brick & mortar, sales office, tank with product, a Mexican entity, etc.), other requirement considerations related to […]
Question: Just as US Customs has a form and procedure to establish an EIN as an IOR, does it have a corresponding form and procedure to de-activate (terminate) an IOR? We’ve already revoked the POA to the broker and terminating the continuous entry bond, so it seems that this would be the final step. ========== […]
Question: Looking for some expertise and guidance pertaining to the ‘pros & cons’ of integrating our wholly owned subsidiary, currently their own IOR, into the parent company’s IOR. Our wholly owned subsidiary has a division that imports bedroom/ dining room furniture, which is currently classified as CVD/ ADD from China […]
