QUESTION: For Informal entries, is the relationship status (related/not related) required to be listed? Our broker (express courier) will not put the relationship status on the 7501 for any informal entries. We have asked them to add it and they will not, simply stating it’s not necessary. Has anyone else encountered this, […]
QUESTION: Is there a way to legally group multiple trailers crossing into the US on the same business day into one 7501 that covers all activity on that day? Is there a way to do for a given week (without using an FTZ)? ********** Answers: There is a special entry procedure described in 19 CFR […]
QUESTION: Multiple low value invoices (under $2500 each) for the same part are shipped from the same supplier, to the same Ultimate Consignee on the same MAWB. Does the broker file: a) 1 formal entry since the total of the invoices exceeds $2500, or b) Multiple informals due to different HAWBs. c) Multiple formals, […]
QUESTION: I have started checking PO’s that we issue to suppliers and many times I see a domestic party listed as the Supplier on the PO yet we are acting as the IOR and entering the goods into the US from the domestic suppliers foreign party overseas. It is mostly for shipments coming from Asia. […]
QUESTION: We currently issue our 7501’s to match our commercial invoices line by line. So if multiple line items have the same HTS number, it will repeat similarly on the entry. Would reducing the number of lines on an entry by utilizing the “squeeze” process to consolidate repetitive HTS numbers decrease the possibility of […]
QUESTION: Could someone define Exporting Country relating to the CF7501 CBP Declaration. CBP Form Instructions – Block 14 – Exporting Country – “The country of exportation is the country of which the merchandise was last part of the commerce and from which the merchandise was shipped to the U.S. without contingency of diversion” . Our […]
QUESTION: We have been asked to conduct 100% audit of our files (Consumption and FTZ entries)€Ž, entry volume is high, headcount is low. Other than (e.g. Top HTS, FTA, Entered Value, PGAs, COE, Risk, use of ACE, etc.), any ideas as to develop of audit process that would not be rejected by our manager? Do you have […]
QUESTION: Z (US Manufacturer) directs Y(US Warehouse, non-related), to place an order to X(Foreign Supplier, non-related), for components that Z uses in manufacturing. Y purchases the imported parts from X, and holds in a warehouse until Z is ready to purchase from Y. Z pays the transportation costs. Y suggests that […]
Question: What is the correct way for declaring on an entry from Canada to the US for a multipack item that includes 12 ballpoint pens made in Canada and 6 ballpoint pens made in China. The 12 pens from Canada qualify for NAFTA. Can Nafta be claimed on the 12 pens only? ========== Answers: […]
Question: Are any of the members consolidating their entry summaries as allowed under 19 CFR 142.17 (combining individual entries on to one consolidated summary?) If yes, does the MPF cap on the summary at $485? ************** Answers: Yes, the cap on a consolidated entry is $485. This will change however when the new MPF restructuring […]
Question: We purchase from a company in China who has a location in Hong Kong. The items we purchase physically ship from the location in Hong Kong, though their country of origin is China. A part of our purchase agreement is that we agree to pay the Chinese company for the transport costs from China […]
Question: I’m not familiar with master bill of ladings and house bill of ladings and don’t quite understand them. A supplier shipped 3 containers under one commercial invoice. All containers departed on the same vessel. The shipment ended up being booked under 3 separate master bills and therefore my broker is telling me that 3 […]
