CBP Enforcement Measures: Protect Your Business from ISF Penalties
License To Import // 800-217-1690 // file@licensetoimport.com // www.licensetoimport.com
Today's video explores the enforcement measures for Importer Security Filing (ISF) violations. ISF, also known as a 10+2 filing, requires importers to submit data about their cargo before it arrives in the United States. CBP takes ISF violations seriously and has implemented penalties to ensure compliance.
Liquidated damages are financial penalties assessed by CBP for non-compliance, which can be significant. CBP can also hold shipments for examination if an ISF violation is found, resulting in delays and additional costs. Non-intrusive inspections (NII) may be conducted using technology such as x-rays to examine containers without physically opening them, causing further delays and costs. Penalties, including fines and criminal charges, may also be imposed on repeat violators or those providing false information.
To avoid these measures, importers should file ISFs accurately and on time, providing correct information about the cargo and its parties. Partnering with customs brokers can help navigate ISF compliance, ensuring accurate filings and meeting customs requirements. Compliance is crucial for maintaining supply chain integrity and national security.
Stay tuned for more videos on customs brokerage, customs bonds, and international trade. Thank you for watching!
#CustomsBrokerage #ISFViolations #EnforcementMeasures #TradeCompliance
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