Savings and more savings on duties and fees are available for exporters who import their U.S. goods back into the United States. These savings are not BOGO (buy one, get one). Rather, they are for all U.S. goods returned (and some Non-U.S. goods). Have you ever reviewed Chapter 98 of the Harmonized Tariff Schedule?
Export Solutions is pleased to welcome Jim McShane to our growing team of trade compliance experts. Jim will serve as a Sr. Consultant, Trade Compliance, and will be responsible for providing expert advice, consultation and services to our clients.
In my last blog article, we examined the Specially Designed Decision Tool. Today, we will explore the new “Catch and Release” concept when determining if a product meets the definition of “Specially Designed.”
This is the first in a series of articles called Tools of the Trade, where we will highlight some of the most useful tools and resources for export compliance professionals. Keep checking back for future installments!
Earlier this month, Esterline Technologies Corporation agreed to pay a $20 million civil penalty for alleged violations of the International Traffic in Arms Regulations (ITAR). Although the charges against the company are broad, here are some of the key “takeaways” from this case.
Effective January 21st, new unverified list regulations are in effect for entities on the Unverified List. The Unverified List will be erased and a new list will be created. Pay attention to the Federal Register notices to keep up with the list as it is recreated.
If you haven’t already, it’s time to update your ITAR destination control statement on your commercial invoices. As part of the Export Control Reform that implemented on October 15, 2013, a new destination control statement should be used on your export paperwork.
One of the myths I often hear from foreign companies is that they’re not subject to the jurisdiction of U.S. export control regulations. However, earlier this month, OFAC added to the growing list of foreign companies who have run afoul of the U.S. system with a penalty against KMT Group AB from Sweden.
This month, DDTC has introduced new versions of several different forms for exporters to use with their ITAR licenses and registrations. It’s important to use these new versions of the documents, because DDTC will no longer be accepting the previous versions.
There’s a lot of chatter among the export control community this week about the status of export license applications and other activities in light of the U.S. federal government shutdown. One thing is certain, though: all Americans will be impacted in some way by Tuesday’s shutdown.