QUESTION: We have seen recently where CBP does not release the day’s exchange rates until after noon (sometimes as late as 3 or 4 pm). How does the Membership handle import entries that were made earlier in the day? These are truck entries where the date of export & date of import are the same. […]
QUESTION: Do most companies require all names of business partners to be entered into their ERP system using Latin characters? Are there companies out there that execute SPL screening on the native language names in double-byte characters? If so, how does this work? *************** Answers: What matters is what characters are used by the listing […]
QUESTION: As most companies we have multiple related sites under a common EIN, and a few other related sites under their own separate EIN#. A situation came up regarding whether or not a US corporations’ Customs Compliance Manager (who has a LCB) can legally help a related party (under a separate EIN)for tasks such as […]
QUESTION: Hoping the membership can help with this: For our products, we typically include a product information sheet (PIS), picked separately and inserted in the shipping box (so not packaged directly with the product) that essentially shows data about the product and how to use the product. I consider this akin to a manual that […]
QUESTION: Are royalty payments on purchase of goods for resale dutiable in MX. I know they are in the US and Eurozone, but not sure aboue MX. Please advise. ========== Answer: Please note that royalty payments in the US are not ALWAYS considered PAPP and therefore not always dutiable. With regard to your question, […]
QUESTION: Our export process for Chamberized documentation has been to send all documentation to the local Chamber via e-mail. They certify with a stamp and advise us when done, we download the stamped documentation. Our Kuwait partner is now telling us that “Due to the new rules at seaport, they only accept original commercial […]
QUESTION: We imported two vehicle chassis using an EPA exemption and temporary import bond. The chassis were to be altered and then exported to our customer. The sale fell through and we are out of extensions for the exemption and bond. We have exhausted all possible options to return them or sell them without any […]
QUESTION: Our company acts as the non-resident U.S. importer of record for shipments ordered by our customers from our offshore manufacturing plant. We show the sales price to our customer as the transaction value on the 7501. Our transactions reflect related party on the 7501 because the shipper and IOR are related parties. Noting that […]
QUESTION: I am currently working on a justification project where I have been asked the value and number of penalties assessed by CBP and CBSA over the past few years. I have been able to find CBSA data but have not found CBP data. Does anyone know where I can access this information? Any information […]
QUESTION: According to EU/US Russian sanctions regulations EU/US persons need to check carefully to see if an entity with which they are dealing is 50%, or more, owned (and controlled/EU) by a SDN/DP. Does anyone in the membership know if this due diligence requirement extends beyond direct customers (distributors, OEMs, resellers etc) to include indirect […]
QUESTION: I recently read that all import shipments into Russia must contain the original equipment manufacturers (OEM) name and address per line item. Is this true? Has anyone experienced this while importing into Russia? What about purchasing from distributors and resellers, they are not going to tell their customer/importer where they purchase the goods, so […]
QUESTION: If I would take ‘Dual-Use’ goods classified in the EU under 6A001.a.2 ( a hydrophone) from France and load it on the French (flagged and owned) Vessel, sail into international waters and do some ‘sea-trials’ where at all times the ‘item’ is attached to the vessel, and take it back into the vessel and […]
