Question: I have a business unit that provides a service of repackaging and storage for their clients. The business unit does not have any title to the goods for they are just providing a service. Since this business unit is providing a service, they are not engaged in any trade compliance activity. If a shipment […]
Question: Our public company has recently been purchased by a private equity firm and as we get closer to finalizing the sale it has been brought to my attention that the bank is requesting our BOLs be consigned to them so that in the event our company defaults or decides to close our doors they […]
Question: Can the member give insight on ‘Excise Tax’? What commodity does it involved? We are an consumer electronics company (home audio, DVD player, car speakers, car navigation, etc.). We receive info concerning Excise Tax that we might have to pay. How does ‘Excise Tax’ trigger? By HTS code? *********** ANSWER: There is an excise […]
Question: My company (the USPPI) uses our frt forwarder to file the EEI via the AES for goods going to Mexico. Currently, I gather the export data and send it to them via e-mail. They then file the EEI and e-mail me the ITN, at which point I communicate this number to the Mexican importer […]
Question: A US corporate parent Company “A” is transitioning procurement of its finished goods to US Company “B” a wholly owned subsidiary of company A. The legal entity change-over from Company “A” to “B” is primarily a systems driven changes and is essentially a change in name only, i.e. all underlying business activities, suppliers, agreements, […]
Question: Does anyone have information if a retailers website is required to list the origin of the product? *********** ANSWER: I believe that you only have to state “imported” on your website and not the country of origin as the product will be marked. ================================================================== Add’l Answer: For certain wearing apparel and textile items […]
Question: We’re looking at a project that would require Congressional Notification. Can anyone in the membership fill me in on the process? Specifically, who all does it go through for approval? Just Congress or are there other parties involved depending on the contract? I am aware of how long this process can take but any […]
Question: Our company is negotiating a contract with a freight forwarder. Is it not appropriate to require a forwarder to indemnify our company? My concern is the forwarders’ potential selection of a restricted party carrier. Some forwarders, as I understand, will not agree to indemnification language citing that the BOL with the carrier omits their […]
Question: When goods (originally imported from US to Canada) are being returned due to defect, overstock, etc. to the original supplier, is it okay to do so with the Canada location as the importer of record? ************ ANSWERS: Yes. Concurrent with the terms of sale, return, warranty etc. the Canadian seller may certainly act as […]
Question: We have suppliers providing components from factories in both China and Taiwan. Our current ERP system can only accept one COO at a time and it’s causing huge bottlenecks trying to change by receipt lot. Can CN and TW be used interchangeably? ************* ANSWERS: Absolutely not. These are two distinctly different countries of origin […]
Question: Can you please advise if a Carnet would cover the below transaction or is it even possible. As I read the regulations, it appears to me that the goods have to be returned to export origin country. (Keep in mind that Europe and USA are related parties) Origin of product is Czech Republic Europe […]
Question: I need to request CBP confidential treatment of our manifest information. Â I understand that once done, there are several pieces of information that will be “removed” from the information released by CBP. I have figured out some basic information 1. We can block up to 10 variations of our name 2. The system is […]
