Demystifying the CBP's 10 2 Rule: Ensuring Import Security and Compliance
ISF Checklist || 800-219-0294 || contact@isfchecklist.com || www.isfchecklist.com
The CBP's 10+2 rule, also known as the Importer Security Filing (ISF), is a regulation implemented by the Customs and Border Protection agency to enhance the security of the US supply chain. It requires importers or their authorized agents to provide additional information, beyond the standard documentation, at least 24 hours before goods are loaded onto a vessel bound for the US. This information helps the CBP assess and mitigate any potential security risks associated with the imported goods. The 10 refers to ten data elements that must be provided, including information about the manufacturer or supplier, seller, buyer, container stuffing location, consolidator, importer of record, consignee, country of origin, commodity HTSUS number, and ship-to party. The +2 refers to the carrier's responsibility to submit the vessel stow plan and container status messages to the CBP. As a customs broker, it is your responsibility to ensure the accurate filing of the ISF information for your clients. Non-compliance can result in penalties, fines, and shipment holds. By providing the required information through the ISF filing, the CBP can conduct effective risk assessments and protect the US supply chain. It is important to stay informed about the CBP's requirements and any updates or changes to avoid compliance issues.
#CustomsBrokerageInsights
#CBPplusRule
#ImporterSecurityFiling
#SupplyChainSecurity
#TradeCompliance
Video Disclaimer Here: This video is purely educational and has no ties with the US government.
"00:51 - CBP's 10+2 rule
02:07 - Customs brokers
02:31 - Non-compliance"
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