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Chapter 5: Importing into the U.S. – Maximize your likelihood of success with U.S. Customs

The most effective approach to ensuring a smooth U.S. Customs experience is to take proactive measures and remain fully informed. With proper planning and by tapping into expert advice as needed, your company will be less likely to face customs inquiries and scrutiny – and penalties. Follow these steps to maximize.

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Shipping giant Hanjin files for bankruptcy – How does this affect me?

The global economic downturn of recent years has severely affected profits across the cargo shipping industry, with Hanjin Shipping Co. the most recent casualty.

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Give me a break! Expanded tax and duty breaks for U.S. importers

The Trade Facilitation and Trade Enforcement Act (TFTEA) was signed into law in February of this year and brought in regulatory changes in several areas, including tax and duty exemptions at the U.S. border. Tax and Duty Breaks According to TFTEA Included in the TFTEA is an amendment to Section 321 of the Tariff Act,.

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Chapter 4: Importing into the U.S. – Know Your Responsibilities

Customs brokers work with companies that import and export goods across international borders to help ease the process and reduce the possible risks associated with cross-border trade. Under the Mod Act, importers are responsible for demonstrating compliance with U.S. Customs and Border Protection (CBP) requirements –.

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Chapter 3: Importing into the U.S. – Tools are available to save you time and money

There are several programs available to importers that can facilitate the importation process and save money. Although it may seem daunting if you haven’t tapped into these programs before, it is well worth making use of them as the cost savings can be substantial.

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How to be a *Gold-Star Importer*

Mitigate border delays, penalties, and sleepless nights by being a fully informed, law-abiding citizen. Why you should try to improve your importing game Cross-border shipping is an important part of your business and it takes time and attention to ensure you get it right. Fulfilling your customs responsibilities will.

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Duty Drawbacks: Don’t miss out on a chance to save money!

Do you frequently import goods, pay the duties and then re-export those goods, either as-is or incorporated into a finished product? Even if you’ve done this hundreds of times, you may not know that duties can usually be recovered on those items. Filing a duty drawback can have significant benefits – reducing your.

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Is it my imagination… or is Customs getting smarter?

Have you ever experienced inconsistency at the hands of U.S. Customs? Ever had shipments of similar or even identical goods classified differently at different ports of entry? Chances are, you have. Here's why: Customs Has Been Known to Be Inconsistent This isn't really that surprising, given that import assessment.

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Ordering offshore for the first time? Here’s what you should know.

Many businesses today source offshore to take advantage of lower prices or to obtain goods unavailable in North America. The savings can be significant: sourcing from China, for example, can reduce product costs by as much as 75% - or even more (1). However, there also may be different financial requirements, export.

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Chapter 2: Importing into the U.S. - Change is in the air

Regulatory changes related to border enforcement were signed into law in February of this year under the TFTEA (Trade Facilitation and Trade Enforcement Act). All indications are that enforcement at the U.S. border is on the rise already, and this trend is likely to continue.

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