Office of Trade recently posted an update to the CBP internal directive titled Monetary Guidelines for Setting Bond Amounts. CBP uses bonds as the primary tool to facilitate lawful trading and to protect the U.S. revenue and ensure complia...
It’s the carriers’ responsibility to ensure they’re meeting CBP’s in-bond requirements. Carriers can perform the required functions themselves through the ACE portal. If they do not have access, they can sign up onCBP’s website. If the carrier fails to meet CBP’s requirements, the i...
Successfully assist in mitigating liquidated damages claims from FDA for failure to export or destroy refused merchandise under FDA and CBP regulations. Some real examples include: Mitigated a $100,000.00 liquidated damages claim down to $8,000.00. Mitigated a $68,000.00 liquidated damages claim down...
inforceforoneyearbeginningwiththeeffectivedateandforeachsucceedingannualperiod,oruntilterminated.Thisbondconstitutesaseparatebondforeachperiodintheamountslistedbelowforliabilitiesthataccrueineachperiod.TheintentiontoterminatethisbondmustbeconveyedwithintheperiodandmannerprescribedintheCBPRegulations.SECTIONII–Thisbond...
16. JUSTIFICATION FOR FURTHER REVIEW UNDER THE CRITERIA IN 19 CFR 174.24 AND 174.25 (Include Applicable Rulings)checked:19. TITLE OF CBP OFFICER 20. SIGNATURE AND DATE Previous Editions are Obsolete CBP Form 19 (05/10)Protesting party may request disposition in accordance with the action ...