Reporting Requirements for Importers and with Government Departments

Through the Importer Security Filing program Importers are capable of reporting shipments destined to the United States, processing import procedures for multimodal transportation modes and with Participating Government Agencies. The system is intended to better assess and identify high-risk goods and to prevent controlled goods (i.e. narcotics, controlled substances and weapons) and materials from entering the United States.

Importers must provide the relevant trade information regarding the manufacturer and supplier of the commodities, ensuring that proper reporting of manufacturers ensure accurate traceability of data, and comparative information about the actual producer of goods, validation is required thereof.

Accountability of goods is important, and whom is accounting for the duties and taxes on the products are traced for 7 years after the importation of goods. In the event of a customs audit, Importers of Record are contacted to provide accurate information.

Reporting requirements ensure that the seller and owner of the goods are identified, there must be end-to-end traceability of the goods, so that commodities can be identified to its end-owner even after importation and final transaction of the commodities in the United States.

Validating the make, model, manufacturer and composition of the goods is important for customs agencies and government departments involved in the transaction of sale. Customs is bound to challenge the country of origin, requiring validation of products and the actual make and origin of the goods.

The logistic service providers involved in the transaction must be identified as reporting requirements suggest for legal ethical trade to proceed, Importers must identify which warehouse and location the cargo is processed at.

The harmonized tariff code of the product identifies the duties and taxes applicable on the shipment processed at the first point of arrival in the United States. Ensuring that the goods are classified accurately, supported with an advance ruling is important to avoid any issues with the valuation and possibility of customs audits.

Security Filing Reviews

Prearrival review requirements are imposed with the implementation of security filing initiatives such as 10 + 2. There is a 24-hour rule and prior notice review system requirement, and within the time frames for providing cargo and conveyance information to US-CBP have been established and adhered to.

    ISF Tools and Resources

    Request information and supplementary data information about your security filing imports before proceeding with trade into and from the United States, through the Importer Security Filing program providers are ensuring that the compliance requirements are met before any trade activity, and this is possible with Stream.