Import Compliance Issues Review and Customs and Border Protection Guidelines
THREE MAJOR PLAYERS IN THE IMPORT PROCESS
1. Importer of Record. Person or party who is responsible for duties and penalties to Customs and Border Protection.
2. U.S. Customs Service. Division of the Department of Homeland Security responsible for protecting the U.S. borders against illegal importation of commodities, persons, and contraband. Revenue collection agency.
3. Customs Broker. Person or party licensed by the Department of Treasury to conduct “customs business” on behalf of an importer of record.
Customs and Border Protection is collecting less and less funds each year in the form of duties and taxes due to special tariff treatment programs and yearly rate ...
Get Mastering Import and Export Management, 3rd Edition now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.