Anything that is imported must be properly recorded - maintaining accuracy and validity of all the entry records you create. The government can always pop in unannounced and ask questions on your importations. The questions that arise are usually based on "Red Flags" they find via a database filled with information about factories, goods, people from across the globe. How long are you required to maintain records? 5 years after importation (drawback claims, 3 years after payment of drawback claim).What is Customs looking for? Could be anything but the most[...]
One of the main functions of U.S. Customs and Border Protection is to collect duties. What are "duties"? Duties are a form of tax that an importer has an obligation to pay. Inherent in the payment of duties is liability to which the government defines to be a personal debt due from the importer to the U.S. that can only be discharged by paying the FULL amount. There is no haggling with Customs! Please be careful because the failure to pay your duties on time may result in an audit,[...]
Documentation is the first stage of the government's determination as to whether they will allow your product to cross the border. Further, these documents allow the government to assess duties and taxes on your container shipments. IMPORTERS ARE HELD RESPONSIBLE FOR THE ACCURACY OF DOCUMENTATION PRESENTED TO THE GOVERNMENT, even if the documentation was prepared by someone else (i.e. customs broker or exporter). I cannot stress this enough. If the documentation is misleading, inaccurate, incomplete, or false the transaction is compromised and you will be held responsible. Problems with the[...]
DISCLAIMER: The content of this website has been prepared by the Abady Law Firm, P.C., for informational purposes only and should not be construed as legal advice. The material posted on this website is not intended to create, and receipt of it does not constitute, a lawyer-client relationship, and readers should not act upon it without seeking professional counsel. The Abady Law Firm, P.C., did not produce and is not responsible for the content of off-site legal resources. The materials on this site may constitute advertising under various state ethics rules.