International Trade Tips

Complimentary International Trade Tips:
Did you know that according to US Customs regulations CFR 111.91(d), a person who is not a broker who intentionally transacts Customs Business can be imposed a monetary penalty of $10,000 for each transaction or violation.

1. Non-Commercial importations means merchandise imported for an individual's personal or household use, or as a gift but not imported for sale or other commercial purposes.

2. Any record relating to a drawback claim shall be kept until the third anniversary of the date of payment of claim.

3. Liquidation means the final computaion or ascertainment of the duties (not including vessel repair duties) or drawback accruing on an entry.

4. All powers of atto
ey for individuals, corporations, and associations may be granted for an unlimited period.

Consider enrolling in Intl Trade Training and Development Program Fall 2011. Benefits include You will be empowered in the area of International Trade. You will learn policy and procedures understanding the US regulatins. You will gain knowledge of the tariff schedule for the United States and other countries to be more successful and prepared fot Entrepreneurship, Small Business Development and being equipt for the Licensing Exam proctered by the US Customs Border and Protection agency. See link online at http://customsbroker.eventbrite.com