Question: We import Chinese-origin non-textile products from China under FOB Port of Export terms. However, the invoicing party is a US company. Is it acceptable for our entries to list the MID pertaining to the actual Chinese manufacturer/shipper? The instructions to the 7501 generally refer to the MID as reflecting […]
Question: Our company has a related manufacturer in Asia. We purchase from them and then they use their own freight forwarder to ship to us in the U.S. under FOB. Their forwarder will book freight directly with the airline. The forwarder does not have a U.S. entity therefore they contracted […]
Question: When it come to the timeliness for KPI’s (Key Performance Indicators) how are members measuring this KPI? Right now, for the freight forwarders is done from the time the clock starts at pick-up time to when the clock stops at deliver time at final destination. The clock does not stop for […]
Question: Our trade compliance team is being asked to deliver hard cost savings (the joy of reporting into a Logistics organization). We already take advantage of every Free Trade Agreement that we qualify for. (They view this as cost avoidance not cost savings) We have reviewed our classifications and those […]
Question: We have shut down our facility in Germany that was in the business or reproducing DVD’s. We will be bringing back all of the equipment and office furniture via ocean carrier. My question has to do with valuation of the equipment and furniture. Most of it has depreciated on the books […]
QUESTION: My company sent electrical product designed for use in Europe to Argentina. Needless to say, it’s little more than a doorstop in Argentina. We’ve sent the correct product to the customer in Argentina, but now we’re trying to recover the incorrect product. Our customer, while a very nice customer, is unwilling to act […]
Question: We have noticed a lapse in receiving notification of MPF Increases due to CBP. Has anyone noticed a similar lapse? Has anyone received all the notifications they were expecting? =============
Question: I client of mine has a corp based in another country but would like to establish a USA based corp to make it easier to export from USA directly to his end customers overseas. Is there anything else he would have to do other than file for a corp and get and […]
Question: We are an importer and currently have a importer continuous bond we are looking at cost savings opportunities on foreign origin returnable, reusable plastic container, certain metal reels and skids. These container are used as holder of our auto parts coming from Mexico. The metal reels and […]
Question: I know this sounds like a fairly simple question, but I’m being asked to find out if we ship IC’s on tape and reel, is the reel considered part of the packaging or is it considered to be part of the net weight of the IC. Also, if the component is placed […]
Situation: Company has multiple offices set up: the transportation/import group is in one state, finance group in a different state and buying office in a third state. The IOR address shows the address where the import group is located. However, the tax department now is extremely concerned with the documents showing that […]
QUESTION: Does anyone have an example POA from company to employee for the purposes of the “Note” section toward the bottom of CBP form 3311? ****************
