Posts in Other Import/Export
January 29, 2013
This is part of a series of blog articles titled The Automation Dilemma, which highlights some of the common “do’s and don’ts” when automating your company’s export compliance process. In this series, we look at one of the most common obstacles to obtaining import/export clearance: the commercial invoice.
January 25, 2013
Every year the U.S. Customs and Border Protection (CBP) and the U.S. Department of Census update the codes used for import/export clearances. It is important to verify changes to each schedule to ensure your company is compliant with import and export regulations.
December 17, 2012
U.S. Customs and Border Protection (CBP) recently issued a final rule which will effectively lower the cost for businesses to clear low-dollar shipments. This rule, which was originally proposed in October 2011, became final on December 6, 2012.
November 16, 2012
The U.S. Census Bureau’s Foreign Trade Division has a new training video which is designed to help you find the correct Schedule B export codes for your products. This brief tutorial, called “Classifying Your Commodity” covers some of the basics that every trade compliance specialist should know.
November 14, 2011
The recent Korea-U.S. Free Trade Agreement (KORUS) bill incorporated a provision to increase the current import merchandise processing fee (MPF) rate. The MPF has increased from 0.21% to 0.3464% effective October 1, 2011.