In the year 2010 alone Aviles Hurtado Copa Mundial Camiseta , U.S. Customs and Border Protection (CBP) has increased its staff and technology in order to secure U.S. borders more rigorously. In 2004, there were 10,000 CPB agents, but in 2010 there were 20 Eder Alvarez Balanta Copa Mundial Camiseta ,500. If you import goods, you have to be concerned not only with correct import classification, but also with:
* Duty and tariff rates * Quotas * Anti-dumping duties * Other rulings and regulations
Import classification is only the first step in import compliance, but it is a very important step. Import codes are used for many tariff and tracking purposes. There are about twice as many import codes as export codes, and it is vital that your company classify imports correctly. This can be tricky. Although theoretically, commodities can only be classified one correct way Jefferson Lerma Copa Mundial Camiseta , classification often requires a certain amount of judgment. The CBP has the authority to make classification decisions and may disagree with your classifications. If you're unsure as to how to classify an import, you may want to consider looking over CBP's published rulings to get a better idea of how CBP interprets import classifications.
Importer Responsibilities
Many parties may have involvement in the import process, but if you're the importer, you are the party responsible for ensuring that your import commodities are in compliance with import regulations. Customs brokers are not held responsible when imports are not in compliance with import regulations. If you're the importer Edwin Cardona Copa Mundial Camiseta , you're the responsible party. You are also responsible for the accuracy of submissions to CBP. If you are targeted for a CBP audit, Customs will look at your accounting records to determine which payments were made to overseas suppliers, and will then reconcile these payments with the amounts reported on the entries. Accuracy of your records is of the highest importance.
Customs and Border Protection Audit Triggers
There are a number of factors that can trigger a CBP audit, and you may end up the subject of an audit purely by chance. Here are some of the common triggers for CBP audits:
* History of noncompliance with regulations * Compliance records of related companies * A CBP focus on a specific industry or product * The importer's trading partners * Size of the importer
Penalties usually occur because the country of origin Giovanni Moreno Copa Mundial Camiseta , valuation, or classification of the imported commodities was determined improperly. Importation of goods that are not invoiced or declared can also lead to penalties. If CBP determines that duties were underpaid or not paid at all due to a violation, they will require the payment of those duties.
How Can a Preemptive Import Compliance Audit Help?
Working with an import compliance consultant to conduct an import compliance audit of your company's import classifications and practices can show you where your company risks violations and can help you correct those problems before they result in trade violations and CBP penalties. Finding the best sports shoes for running is a preoccupation of many athletes and people who want to keep fit. It is most certainly crucial to find the right pair of sneakers for jogging because this may have direct impact on the activity and your body. Much as it may require time and energy to shop for a great pair of trainers, a little research would steer one towards the right direction. There are a few criteria to base your search on.
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