TIB

TIB

  • US TIBs and Chinese tariffs

    Question: If we import an oilfield separation equipment skid from China, that was made in China, into US, and then incorporate it into larger assembly (an oil platform) and export the platform to Mexico—can we do a TIB to avoid paying 25% 301 tariffs? The skid is 8421.29.0015. Answer 1: It depends on the specifics […]

  • BONDED WAREHOUSE VS TIB NON-CONFORMING MATERIALS

    QUESTION: We have a situation where we have non-conformant material with another government agency.  The material is made in Canada and is only sold to other countries and not consumed in the U.S. The business unit feels it is too expensive to ship LCL and air to their overseas customers.  They want to consolidate with […]

  • TIB CANCELLATION

    QUESTION: Does the exportation or destruction of a TIB need to be a one-to-one match?  In other words, if the TIB has a quantity of 20 units, does a quantity of 20 units need to be exported (or destroyed) at the same time to the same location, or at least be exported on the same […]

  • TIB CLOSURE REIMPORT AS 9801

    QUESTION: A TIB was opened for goods to enter the US for upgrades by a non-related party to us.  80% of the machine has been upgraded and as such is a new article of commerce, origin US as all of the essential character components have been replaced within the US with US components.  We are […]

  • TIB – Under 9813.00.05 – Export to Canada & Mexico

    QUESTION: I find US Note 1(c) Chapter 98 – Temporary Importations a bit confusing. Can someone assist with explanation of this US Note as it applies to TIB exports to Canada or Mexico? Question: If imported under 9813.00.05 and exported within one year to Canada, wouldn’t the importation be cancelled at $0.00 duty at time of […]

  • POTENTIAL VIOLATION OF 113.62

    QUESTION: Years ago my company imported glucose strips and declared the entry as a TIB and IFE.  The glucose strips are unapproved medical devices and not registered with the FDA.  The company imported for purposes of exporting to Canada.  I am hired after the fact and unable to obtain proof of export, therefore I filed […]

  • AD/CVD IMPORT UNDER TIB

    QUESTION: Can we import AD/CVD part under TIB? =========== Addl Answer: In the TIB entry you must calculate the ADD and/or CVD amount at 2 times ( or 110% for some TIB’s) into the total TIB bond liability amount For Example Duty = $1,200.00 2 x = $2,400.00 ADD= 1,800.00 2 x = 3,600.00 Total […]

  • AD/CVD IMPORT UNDER TIB

    QUESTION: Can we import AD/CVD part under TIB? =========== Answer: Yes, however, you must export all of the product and properly dispose of waste and scrap material. George Tuttle III Law Offices of George R. Tuttle, A.P.C. 1100 Larkspur Landing Circle, Suite 385 Larkspur, CA 94939 Direct: (415) 288-0428 Cell: (415) 254-5986 Firm: (415) 986-8780 […]

  • ANTICIPATORY TIB BREECH

    QUESTION: We refurbish large machinery in the US. One of our Canadian customers sent us a piece of equipment three years ago for refurbishment. We entered it into the US using a TIB. We have subsequently obtained the maximum two extensions of the TIB. The customer no longer wants their equipment back and wishes to […]

  • TIB EXAM RATES

    QUESTION: We are contemplating using TIB for some of our shipments coming in for repair but were curious if anyone has experience/data on the rate of entries that would be flagged for exams. If you are currently using or have recently used TIB on a regular basis, did you find that the number of entries […]

  • TIB BEST PRACTICES

    QUESTION: Looking for best processes for importing under TIB’s. My company brings goods out of Canada under TIB’s for further processing.  We then export the goods within the specified timeline and we keep track of the volume loss due to the further processing.  We keep track of the timelines, and volumes on a spreadsheet. What […]

  • PACKAGING UNDER TIB

    QUESTION: My company wishes to import a finished product, say a calculator under a TIB.  The calculator will not be altered, nor advanced, nor calibrated, nothing is done to the calculator except that the calculator is going to be packaged along with pencils, note pad to form a kit.  The kit (along with calculator) is […]