Global Import Compliance

  • 7 Topics | 48m
  • Includes Assessment
  • Up to 30 languages
  • Transcripts
All businesses that import goods into the United States must comply with the laws and regulations governing imports. This course provides awareness-level training on compliance with some of the major provisions governing imports as found in the Tariff Act of 1930, the Customs Modernization Act, Title 19 of the Code of Federal Regulations, and the Harmonized Tariff System of the United States (HTSUS). It focuses on the all-important standard of 'reasonable care' and the use of the Reasonable Care checklist as formulated by US Customs and Border Protections (CBP), the agency responsible for administering customs and other laws affecting imports into the United States. The course will help users apply the checklist in practical ways to ensure or enhance compliance with import regulations in company-specific situations. This course was developed with subject matter support provided by The Potomac Law Group, PLLC. Please note, however, that the course materials and content are for informational purposes only and do not constitute legal advice and may or may not reflect the most current legal developments. Nothing herein, or in the course materials, shall be construed as professional advice as to any particular situation or constitute a legal opinion with respect to compliance with legal statutes or statutory instruments. Transmission of the information is not intended to create, and receipt does not constitute, an attorney-client relationship. Readers should not act upon this information without seeking independent legal advice.

WHAT YOU WILL LEARN

  • recognize concepts that define the relationship between CBP and the import community
  • identify statements that accurately describe the intended use of the Reasonable Care checklist
  • identify three key activities that take place during the entry process
  • list three customs valuation methods for determining the declared value of imported goods
  • recognize the concepts and entry process for global imports
  • recognize potential compliance issues to avoid penalties and other adverse consequences
  • identify circumstances with the potential to avoid certain costs and liabilities associated with imports
  • recognize potential compliance issues and programs or regulations that provide more favorable customs treatment

IN THIS COURSE

  • Key Concepts from the Import Regulations
    7m
  • The Entry Process
    5m
  • Determining Declared Value of Imported Goods
    6m
  • Knowledge Check: Understanding Import Regulations
    6m
  • Avoiding Penalties
    7m
  • Favorable Treatment, Cost Savings, and Duty Refunds
    4m
  • Knowledge Check: Compliance Issues and Programs
    4m