The Office of Foreign Assets Control (OFAC) and Bureau of Industry and Security (BIS) have adopted final rules amending the Sudanese Sanctions Regulations (SSR). The OFAC rule creates a general license for certain software, hardware, and services incident to personal communications. The general license authorizes the exportation of certain fee based software and services incident [...]
On December 29, 2014, U.S. importers of Chinese drill pipe and drill collars (collectively, “drill pipe”) all breathed a sigh of relief when the Department of Commerce published its decision to revoke antidumping and countervailing duty orders against Chinese drill pipe. This publication would seem like a great victory for importers in the oil and [...]
CBP announced that it processed more than $2.4 trillion in trade in 2014, representing a four per cent increase from 2013. CBP also announced that it collected more than $34 billion in duties in 2014, a two per cent increase from the previous year. The announcement also highlighted seizures of goods violating intellectual property rights, [...]
The importer’s legal burden is to “get it right” upon entry. This means that if the importer makes an error as to the tariff classification, the value, the applicability of NAFTA or other free trade agreements, trademarks, compliance with DOT, EPA, FDA, CPSC, USDA, FCC or other agency regulations affecting importation, or any other kind [...]
Did you know that U.S. law allows an international traveler to enter or leave the United States with more than $10,000 in monetary instruments (i.e., cash, checks, etc.), as long as the money is properly declared? Many international travelers misunderstand this law and believe that $10,000 is the limit one can carry. The currency reporting [...]
U.S. FLAG VESSELS – FILING INSTRUCTIONS FOR U. S. CUSTOMS DECLARATION AND ENTRY FOR PURCHASES, LABOR, AND REPAIRS MADE OUTSIDE THE UNITED STATES CUSTOMS FORM 226 1. DECLARATION: CUSTOMS REQUIRES COMPLETION OF ITEMS 1-17 and ITEMS 20-26 ON THE CF 226. THE CF226 DECLARATION MUST BE READY FOR PRESENTATION TO CUSTOMS WHEN THE VESSEL FIRST ARRIVES AT A U. [...]