Most importers know about the new January 26, 2009. It needs importers and vessel operating ocean carriers to provide US Customs and Border Protection CBP with advance notification for all ocean vessel shipments inbound to the United States. US Import Security Policy is commonly known as the 10 + 2 ISF Importer Security Filing.
In most cases, customs bonds are arranged are not customized and impressions are not impressions of the importance. by the customs broker when importer a signed power of attorney to the customs broker authorizing them to interface with US Customs on their behalf.
Recently US Customs and Border Protection (CBP) issued some clarification regarding the Importer Security Filing ISF bond. Below is clarification that US Customs and Border Protection (CBP) provided:
When will the bonds, including the stand alone ISF bonds be required? January 26, 2009 or January 26, 2010? Can we file ISFs during the delayed compliance period without receiving a bond first? CBP Answer: Due to the structured review and flexible enforcement period, bonds will not be required until January 26, 2010. Therefore, ISF may be filed during this period without obtaining a bond first., CBP is prepared to accept bond information in the ISF filing starting on January 26, 2009.
If an ISF agent permits his bond to be obligated, is he considered the ISF Importer with all liabilities associated with the ISF filing? CBP Answer:
However, the ISF Importer remains extremely possible for the filing. The agent, the agent agreements to the bond, , and timely ISF filing.
If the importer does not have a bond, can the ISF filer obligate its own bond? CBP Answer: Yes, the filer can obligate its own bond. See 19 CFR 149.5 (b)
Will an import bond rider be required to fulfill the regulatory changes required in the ISF rule? CBP Answer: No. The Rule amends the terms and conditions of the activity code 1 (basic importation), 2 (custodial), 3 (international carrier) and 4 (foreign trade zone operator) bonds to include the obligation to meet ISF filing requirements. No rider is necessary for any of these bonds.
CBP Answer: Use of single transaction bonds may be allowed on a case-by-case basis. CBP is currently in the process of the use of case a single transaction bond for an ISF filing.
Will CBP allow the use of a continuous transaction bond? Will CBP allow? CBP Answer: Use of single transaction bonds may be allowed on a case - by - case basis. CBP is currently in discussions with trade groups related Process for the use of a single transaction bond for an ISF filing.
As single transaction bonds for entry CBP, how will an ISF single transaction bond be matched to an ISF filing? CBP Answer: Use of single transaction bonds may be allowed on a case-by-case basis. CBP is currently in discussions with trade groups concerning the process for the use of a single transaction bond for an ISF filing.
Will CBP accept one bond for the ISF filing and a second bond for entry? Is this true for a continuous bond as well as single as Transaction Bonds? CBP Answer: Yes, if the ISF Importer and the importer of record are not the However, if the ISF Importer and the Importer of Record are the same party and the ISF and entry are submitted to CBP via the same electronic transmission ("unified filing option") , that party must must submit one bond for both ISF and entry purposes.
How will ISF bonding requirements be determined when the cargo is unknown? CBP Answer: The liquidated damages are not based on the cargo. That was changed from the proposed to the interim final rule.
Is there draft language for such "agreement"? Will the agreement be acceptable on a per-ISF basis CBP Answer: The written agreement could have been a power of attorney or other similar document. It is necessary to make clear the authority to use the bond. CBP will not intervene in how agreement is to be drawn up.
The Interim Final Regulations ___ ___ ___ 0 ___ ___ 0 ___ ___ 0 ___ ___ 0 ISH Filers / Importers must have a Basic Import Bond under the theme 149. To the extent that many ISF Filers / Importers have existing bonds, how CBP intends to enforce CBP Answer: All existing activity 1, this provision when the existing bonds do not contain this this? Is CBP suggesting that ISF Filters / Importers will need to obtaining bond riders to reflect this change? How will CBP monitor compliance with this new bond requirement? 2, 3, and 4 bonds now contain this language. Riders are unnecessary.
CBP Answer: The same bond can guarantee the ISF and the entry if the ISF Importer and the importer of record on the entry are are the same party.
For additional information about ISF bond requirements, talk with CBP or your customs broker.
