Advance Customs Compliance Training Course Program Outline Course Overview and Compliance Procedures
- Reasonable Care, Informed Compliance, and Enforced Compliance
- Focused Assessment Audits, Importer Self Assessments, Customs Investigations, Requests for Information
- Company Internal Control Procedures and compliance manuals
Classification of Merchandise Under the Harmonized System
- Entry requirements and the deposit of estimated duties
- Principles of classification: the GRI's and Explanatory Notes
- Classification principles relating to chapters 84, 85 and 90, including the functional unit and essential character rules.
- Revisions to the HTSUS relating to Chapters 84, 85 and 90 to be effective January 1, 2007
The Valuation of Products
- Transaction value and determining the price paid
- Additions to the price paid or payable: assists, including components, tools, dies, molds, machinery research design development, freight costs, packing
- Customer returns
- Related Party transactions and transfer pricing issues,
- The alternative bases of valuation
- Export valuation of products
Trade Preference Programs Eligibility Requirements
- North American Free Trade Agreements (NAFTA)
- Generalized System of Preferences (GSP)
- Singapore Free Trade Agreement (US-SFTA)
- Israeli Free Trade Agreement (IFTA)
- Australia Free Trade Agreement (AUSFTA)
Country of Origin Determinations
- Compliance with the country of origin rules, trade preferences, marking, and invoicing requirements
- Substantial Transformation (subjective)
- Change of Heading (objective)
Duty Exemptions
- Chapter 9801: American Goods Returned
- Chapter 9802: Articles exported for assembly, or repair or alteration; returned defective articles
Recordkeeping Requirements and Entry Amendment, and Protests
- Customs invoicing requirements and correct reporting of prices and quantities
- Post entry amendment procedures: PEAS, SILS, Reconciliations, and Prior Disclosures
- Protests and ruling requests
- Recordkeeping requirements, the (a)(1)(A) list, and penalties
Penalties
- Civil penalties can be assessed for false documentation: 19 U.S.C. § 1592 .
- Prior Disclosure to Limit Penalties: procedures and benefits
- Liquidated damage claims and Demands for Redelivery
- Potential criminal liabilities
Marking Requirements
- Marking rules
- Marking and exceptions to the marking rules
- Invoicing requirements
Any course questions can be addressed to Dan Kromat, Director/PAEI (650) 228-7155, dan.kromat@ksicorp.com or Jo-Anne Daniels, Director/PAEI (650)650-726-6764, tra3332003@yahoo.com
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