How Are Customs Bonds Calculated?
A Customs bond is a legal contract between a principal (importer or shipper), a Surety company, and CBP that guarantees the importer complies with Customs
A Customs bond is a legal contract between a principal (importer or shipper), a Surety company, and CBP that guarantees the importer complies with Customs
Among industry classification systems, Harmonized System (HS) Codes are commonly used throughout the export process for goods. The Harmonized System is a standardized numerical method of classifying traded products. It is
Shipping dangerous goods internationally by vessel is regulated through the International Maritime Organization (IMO). The IMO is a specialized agency of the United Nations. The
An Employer Identification Number (EIN) is also known as a Federal Tax Identification Number, and is used to identify a business entity. Generally, businesses need
Packing List (also known as a bill of parcel, unpacking note, packaging slip, (delivery) docket, delivery list, manifest or customer receipt, shipping list ) is a document
Country of origin (COO) represents the country or countries of manufacture, production, design, or brand origin where an article or product comes from. For multinational brands, COO may include multiple countries within the value-creation
A Facilities Information and Resources Management System (FIRMS) Code is a four-digit alpha-numeric identifier assigned by U.S. Customs and Border Protection to: The FIRMS Code represents the
The commercial invoice is a legal document between the supplier and the customer that clearly describes’ the sold goods, and the amount due on the customer. The commercial
A bill of lading (sometimes abbreviated as B/L or BOL) is a document issued by a carrier (or their agent)to acknowledge receipt of cargo for shipment. Although the term historically related only to carriage
ACH Debit A filer may choose to use the ACH Debit payment method to authorize U.S. Customs and Border Protection (CBP) to withdraw funds through
Founder/CEO of NYC Supply Chain Solutions Inc. U.S Customs license Broker Master of International Transportation Management at SUNY Maritime College Harvard Business School Alumnus
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