About the Book

A comprehensive guide designed to simplify the complex landscape of US customs regulations for novice importers and their international partners. The book offers an in-depth understanding of customs regulations, compliance and documentation requirements, Importer of Record (IOR) responsibilities, Importer Security Filing (ISF), special trade programs, and additional resources. Through this essential guide, first-time importers and their foreign counterparts can confidently navigate the intricacies of US customs and ensure smooth transactions while complying with all necessary legal and regulatory frameworks.

 The guide provides practical strategies and insights into best practices, empowering readers with the knowledge and expertise needed to effectively manage their importing operations.

Chapter Previews

The importance of understanding US customs regulations and compliance for foreign exporters and US importers
Overview of the US customs clearance process
Common compliance issues
Understanding US Customs Regulations
Overview of US customs valuation and classification system
Understanding duty rates and tariffs
The Harmonized Tariff Schedule (HTS) and Schedule B classification
Compliance and Documentation Requirements
Understanding the documentation required for importing goods into the US
Overview of the import process, including clearance and examination procedures
Customs Examination Procedures and Processes
The role of US Customs and Border Protection (CBP)
Common compliance issues and how to avoid them
Importer of Record (IOR) Responsibilities
Liabilities and penalties associated with non-compliance
Choosing the right IOR
Importer Security Filing (ISF)
Overview of the Importer Security Filing (ISF) requirements
Penalties for non-compliance with ISF regulations
Special Trade Programs
Generalized System of Preferences
North American Free Trade Agreement
Additional Resources
About the International Trade Coucil