Showing posts with label customs. Show all posts
Showing posts with label customs. Show all posts

Wednesday, January 6, 2010

New U.S. Import Documentation Required Soon

U.S. Customs and Border Protection is implementing a new security feature effective January 26. The "ISF" or "Importer Security Filing" includes 10 elements about the importer of record and 2 elements about the carrier, so it's called a 10+2 filing. The information isn't onerous, it's basic stuff like buyer, seller, HTS number, and so forth. Failing to comply is not good, though, because the fines are pretty stiff: $5000 to $10,000 for each violation. Hit the link for more information.