Filing for duty drawback is a great way to get back a large portion of the duty you paid to U.S. Customs. However, applying for duty drawback can be tricky. There are a number of key considerations you need to... Read more >
ISF enforcement is happening. As of July 2013, U.S. Customs and Border Protection is assessing liquidated damages against importers whose Importer Security Filing (ISF) is missing, late or inaccurate. These fines can reach as high as $5,000 per infraction. Make... Read more >
Following the SAFE Port Act of 2006, the Department of Homeland Security and U.S. Customs and Border Protection introduced the concept of 10+2 – 10 required data elements from importers (and two from carriers) that helps Customs decide which containers... Read more >
For anyone thinking of becoming an NRI, it’s important to understand proper valuation and how it needs to be part of your overall business strategy. Valuation, essentially, is the price you declare for your goods in Canada – and as... Read more >
Shipping into Canada can be challenging – especially if you haven’t ensured that your goods aren’t affected by Other Government Department (OGD) regulations. There are three critical steps that you need to take to ensure that you are complying with OGD... Read more >
Understanding how the goods you export to Canada clear Customs will help you troubleshoot problems and avoid lengthy border delays. There are a number of steps that you should be familiar with, including the following: Filling out customs documentation; Having... Read more >
When you talk shipping and international trade, all of the jargon and acronyms can make it sound like another language. Yet as a successful business it's important to understand the terminology behind the movement of goods across the border -... Read more >
When exporting goods to the U.S., knowledge of the required documentation and release methods will help you troubleshoot problems and avoid costly border delays. Your release documentation must include some critical information, such as the following: The name, address and... Read more >
Thinking of becoming a Non-Resident Importer (NRI)? Knowing how tariff classification and preferential tariff treatments work can make a big difference to your bottom line, and help you ship more efficiently. Classifying your goods with the correct Harmonized System (HS)... Read more >
Exporting to the U.S. is a multi-stage process that involves many different parties. The following are key players involved in the export of a shipment: Importer Exporter Carrier Customs broker U.S. Customs and Border Protection Do you know which of... Read more >
Livingston Trade News is curated by our regulatory experts, and updated regularly. Read up on all the hottest trade topics. In one place.
