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Commingled
Products |
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| For duty purposes every product must be classified
using the Harmonized Tariff Schedule. If goods are commingled, in
which goods subject to different rates of duty are packed together,
it may result in all goods being assessed at the highest rate of duty
applicable to any of the item. Translation, you might pay higher duty
if products are commingled. Classify products separately, unless you
have no option. |
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| What is Customs Liquidation? |
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| Liquidation is the final step of an entry. It
is the last determination from Customs as to the correctness of classification
and duty of the entry. Once Customs issues a “Notice of Liquidation”
posted on the bulletin board in the Customhouse at the port of entry
where the product entered, Customs will have no more interest on the
product. Entries are liquidated within 1 year after the goods enter.
Port director may extend the 1 year three times for reasons acceptable
by Customs. |
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| Role of Freight Forwarders |
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International documentation and packaging requirements
Carrier and routing information
Export license assistance
Marine insurance rates and coverage
Warehouse and distribution services
Hazardous materials and shipping compliance information and more… |
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| Major Mistakes made by Exporters |
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Failure to obtain counseling
Lack of sufficient commitment
Insufficient care when selecting agent/distributors
Chasing orders
Neglecting Int’l Business when domestic is OK
Failure to consider licensing/JV
Unwilling to modify products |
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| What is C-TPAT? |
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Customs- Trade Partnership against Terrorism (C-TPAT)
is a joint government-business initiative to build cooperative relationship
that strengthens overall supply chain and border security
C-TPAT Benefits |
- Reduced number of inspections for reduced border time.
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- Personal Customs advice from an assigned account manager.
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- An emphasis on self-policing, no Customs verification
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- Eligibility for account based processes
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- Access to C-TPAT member list
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| For additional Information please visit: |
| http://www.cbp.gov/xp/cgov/import/commercial_enforcement/ctpat/ |
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