U.S. Customs and Border Protection has announced that on March 15 it will begin issuing liquidated damages claims for violations of an April 2018 rule expanding the definition of the importer security filing importer for certain types of shipments. Enforcement had originally been slated to begin Jan. 21 but was delayed due to the recent federal government shutdown.
ISF importers must transmit an ISF to CBP no later than 24 hours before the cargo is laden aboard a vessel destined to the U.S. (or any time prior to lading for foreign cargo remaining on board). The ISF consists of either ten data elements for shipments of goods intended to be entered into the U.S. or delivered to a foreign-trade zone or five data elements for shipments entirely of FROB cargo or goods intended to be transported as immediate exportation or transportation and exportation in-bond shipments.
© 2019, Sandler, Travis & Rosenberg, P.A. Originally published in the [February 14, 2019] issue of the Sandler, Travis & Rosenberg Trade Report. Reprinted by permission.
- Posted by ALBA Wheels
- On March 6, 2019
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