QUESTION: In this scenario should the 7501 show related or not related? Company A is in a country other than the US Company B is a US company that is not related to Company A. Company A sells goods to Company B and ships the goods to the US DDP. Company A acts as a […]
QUESTION: My company exported a product to an international customer. It cleared customs at destination but sitting at a partner warehouse. Customer does not want the product anymore and wants to return to USA. Once we receive back in US, we will re-stock in our inventory. For HTS number, do I use the 9801 HTS […]
QUESTION: This new OFAC rule appears to require an exporter to report to OFAC when the exporter decides not to deal with a party because it appears on any OFAC RPL. If so, this is a seismic change. Comments? https://www.treasury.gov/resource-center/sanctions/Documents/fr84_29055.pdf ****************** Answers: This is huge! Reporting all the rejected transactions because the customer is an […]
QUESTION: Can anyone share a link to the German Penalty Guidelines – Negligence, Gross Negligence, Fraud? %%%%%%%%%% ANSWER: attached is an overview on sanctions in Germany o https://www.icpainc.org/wp-content/uploads/2014/10/Sanctions-final-GTCJ_13_07-0808-1.pdf ================================================================
QUESTION: Does anyone have any experience transshipping from Europe and Switzerland to USA and finally to Mexico, while maintain the EU-MX FTA benefits? Our first option is to have a through Bill of Lading showing the two legs of the trip, therefore satisfying the requirements. But what if by some reason we need to enter […]
QUESTION: I understand that these two countries do not allow ex works shipments (out of the US), has anyone heard the same thing and is there any basis for this? Thanks ! ========== Answer: In Algeria the bank terms for the letter of credit are often a C or F term, otherwise the bank will […]
QUESTION: I am trying to help a member of our company to import an original painting worth around $180,000 (bought at an auction) from Hong Kong, for personal use and not resell. My understanding is that this painting (original work of art and hand-painted) will fall under chapter 97 and will be duty free. However, […]
QUESTION: A Russian oil/gas company is owned 50+% by an SDN (Special Designated Nationals). This Russian company is not on any sanction list, doesn’t involve with any sanctioned activities and is willing to provide an End-user Statement. Can we, as an US based company do business with this Russian company through our office in Malaysia? […]
QUESTION: Does CBP or Dept of Commerce define anywhere what a “shipper” is? If so, can you share the reg/clause/statute? I had a conversation with an employee of my freight forward about who was a shipper in our particular transaction – a domestic sale for us and an export for the domestic purchaser. Essentially a […]
QUESTION: We have a scenario where one of our Canadian entities, is the actual seller of goods departing the US. They buy the goods from our US Business Ex Works, sell to a customer overseas delivered terms – so they arrange the freight with the forwarder/ocean carrier. We have always listed that Canadian party and […]
QUESTION: Any AES self-filers using SAP/GTS program getting this Fatal Error message? If so can you provide guidance on how to correct this? Code 227 ‘FORWARDING AGENT PARTY MISSING’ A forwarding agent party must be reported in the Automated Export System (AES) Electronic Export Information (EEI) when the filer Id Type (E=EIN, D=DUNS in Proprietary […]
QUESTION: We frequently ship reusable plastic trays produced in the U.S. that contain our product protected in foam compartments. The empty plastic trays return separately. How do you track the imports/exports? What verbiage does your shipper use to instruct the freight forwarder/carrier? Are there any requirements to track each individual tray (by serial number, etc.)? […]
