QUESTION: When a US company is the importer of record for goods imported to the USA on consignment basis, are the correct selections for 7501 block 36: Importer of record and that the actual owner, purchaser, or consignee for CBP purposes is as shown above (because you are not yet the purchaser or owner at […]
QUESTION: Are there any tax ramifications of a Canadian company setting up an Importer Number and bond in the US and acting as a non-resident importer? ========== Answers: The extent really depends on how you are importing/selling into Canada. But at the very least your company will need to file a […]
QUESTION: I need help calculating origin (non-pref) of an assembly where there is little to no tariff shift, certainly not at the heading level. Product classified as 8413.70.2004 Total Cost: $330.5000 % of Total US (Material 178.91 54% CA (Material) 83.47 25% CN (material) 21.48 6% Labor (US) 15.67 5% Burden 18.37 6% ========== Answers: […]
QUESTION: Does anyone have a template for a security plan for a type 3 bonded warehouse? Also, will a spreadsheet work for an inventory system? ========== Answers: Customs recently issued a revision to the Bonded Warehouse Manual that incorporates security measures. They are nearly identical to the C-TPAT security criteria. […]
QUESTION: Does the new language in 9801.00.10 (“or any other products when returned within 3 years after having been exported”) remove the requirement for an Manufacturer’s Affidavit for US-origin goods? Meaning, can I now show that the US-origin goods were exported within the last three years IN LIEU OF producing an affidavit? Or is that […]
QUESTION: Has anyone in the membership ever initiated or participated in submitting a request to reduce or eliminate tariffs on the importation of goods not manufactured in the USA¦even if it is a lower grade material within a tariff that is available at a higher grade (or price) in the USA? The Senate passed the […]
QUESTION: We are a C-TPAT validated company. Our seafreight container shipments only use ISO compliant seals as required but I have a question concerning the sealing of domestic trailers. Does it matter what seals we use if we are sealing a trailer for a shipment destined for a domestic retail customer? […]
QUESTION: My company is a multi-tier automotive supplier. We are currently in the process of implementing an automated DPS system. Considering we are just starting this program, we would appreciate feedback from members in our industry on which sanctioned party lists are the critical lists to screen against for the automotive industry. ************* Answers: It […]
QUESTION: If the purchase order states an agreed to INCOTerm between buyer and seller, as an example, EXW, shipper’s dock, but the shipper has quoted freight and insurance and this is agreed to by both parties (the seller contracts the freight move and provides insurance), if freight is damaged, could the seller’s insurance company […]
QUESTION: We are exporting an aircraft that includes an engine already owned by the end user. The engine was temporarily imported into the US for installation into this airframe. How do we complete the EEI and commercial invoice since we will only receive payment for the airframe and not the engine? ====================== ANSWER: The value […]
QUESTION: Have the new Chapter 98 changes associated with the Trade Facilitation and Trade Enforcement Act of 2015 gone into effect? ==================== ANSWERS: https://www.congress.gov/bill/114th-congress/house-bill/644. Passed into law on 2/11/16 ================ The new Ch 98 provisions were effective April 25, 2016. George Tuttle III Law Offices of George […]
QUESTION: I have read a lot of answers for drop shipments and the EEI filing value. The scenario I am looking at is: International Company A purchases from US Company B and has “B” ship to their Customer C in Spain. Value between A & B is $2000. Value between A & C is $2700. […]
