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Law and Compliances

What should you have in your compliance toolbox to avoid hefty fine or seized shipment?

Answers 1

It is imperative that importers and exporters maintain a high level of care and due diligence to avoid the consequences of non-compliance. Following is a list that can help you: • An organized record of shipment documentation for the past 5 years both in the form of paper records and electronic storage that is indexed properly and can be quickly accessed for any presentation. • Document that contains Free Trade agreements and reduced duty programs such as NAFTA or US Good returned that can result in savings. • A best practices program that contains information of any official correspondence from customs that can save time and money. • Country of origin marking for all your commodities that will avoid unwanted costs or return of goods by the Customs and delays. • Government Agency map that will ensure that your imports comply with partner government agencies such as FDA, USDA, DOT, Fish and Wildlife etc.


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