QUESTION: Looking for guidance to provide company leadership on the impact of existing DDTC registration IF ownership were to change and equal greater than 50% by a Foreign entity? %%%%%%%%%% ANSWER There is not enough information here to provide solid guidance, but in general everything depends on what the potential organization will look like (structure, […]
QUESTION: I am wondering if anyone within the industry has any recommendations on how best to mitigate the challenge of not having containers available for pickup appointments. We have tried to call the trucking companies assigned the day prior to a scheduled pickup appointment to verify they are able to adhere to their appointment as […]
QUESTION: With CBP issuing a guidance on 6/23 to withhold release orders at all US ports containing silica-based products made by Hoshine Silicon Ind. located in Xinjiang Uygar region, I’m concerned if CBP might do a broad sweep and hold all silica-based products from China. My questions are: Should we request our Chinese suppliers above […]
QUESTION: Does anyone in the membership have information on if there are any export controls around cryptocurrency cross border payments/transfers? *********** Answers: I am not aware of any export controls related to the use of payments based on cryptocurrency for cross border payments/transfers, however, there are some legitimate issues regarding the use of “unofficial” tender/ […]
QUESTION: I need some guidance on how to set up suffixes for each importing plant instead of all filing under the corporate EIN. We need to distinguish what import should be assigned to each plant. How is this setup initially? Through the tax department, finance, etc? How does it affect the corporate structure, or is […]
QUESTION: Can anyone point me in the direction of AES or DoC guidance on how to file an EEI for shipments of equipment that is considered to be a system and will be shipped to MX on several different trucks over a few weeks time? %%%%%%%%%% ANSWERS: This is basically driven by the HTS classification […]
QUESTION: Regarding our ocean shipments. We have multiple orders shipping out in two containers using one 7512. Is this correct or should each container have its own 7512 for what’s inside of it? %%%%%%%%%% ANSWERS: If this in incoming, into the US, you can have multiple containers on the inbond as long as the master […]
QUESTION: Looking to the community for guidance and/or any documentation on how to develop a Customs Trade Compliance Charter with defined elements of an effective council governance body. ========== Answer: The charter should cover the risks your looking to control and manage… ===========
QUESTION: I work for an importer. Anyone have any training/slides for Account Receivable from an import perspective? =========== Answers: What exactly does accounts receivable need to know about imports…. I can possibly understand accounts payable for proof of payment and other additions to value…not clear on your goals ========== Hi. This is an interesting and […]
QUESTION: Regarding tractors of 8701.91 and Engines 8408.90: Is the kilowatts (kW) referred to in 8408 (particularly 840.90, and 8701.91 the Maximum Engine Power (horsepower) or the Advertised Engine Power (Rated)? %%%%%%%%%% ANSWERS: General rule…go with MAX…..Customs has been consistent on this approach. %%%%%%%%%% It would be the maximum power it’s capable of producing in […]
QUESTION: Can anyone please expand or offer specific guidance into how related parties are impacted by § 744.22 (MIEU Rule)? I understand the definition provided in §772 for “U.S. Person” which includes “…Any juridical person organized under the laws of the United States or any jurisdiction within the United States, including foreign branches…” We are […]
QUESTION: Looking for guidance from the trade as to how to provide individual proof of payment of an import invoice when the product was shipped under a Global PO and paid under the Global PO? What details would be provided to Customs so only the information requested is provided? %%%%%%%%%% ANSWERS: Go to your accounting […]
