Vocabulary
As a __________, we are licensed by the government to enter and clear international goods on behalf of the Importer/Consignee.
Customs Broker
The gender is needed to classify these items
Footwear and Clothing - But not textiles
This form allows US residents to bring items into the US that have been purchased over a year ago
3299 Form
____ is a method to “code” goods using a classification system – Harmonized Tariff System (HTS) – that is recognized world-wide. This enables easy comparison of trade statistics by country and commodity
Classification
Follow the money. Who is paying for the shipment? That will be the entity that we will check for in a CMF in GTK. About 50% of the time it will be the consignee - but not always
What is the Importer of Record
A manufacturer is needed for these items to make a formal entry.
Medication is allowed to be shipped with a 3299 form - True or False?
False
What are the two kinds of separate entries?
Formal and Informal
This enables DHL to process and clear certain types of commodities prior to the arrival of international flights
How many parts does a watch clock worksheet have and what are they?
4 - Strap - Case - Battery - Movement
The 3299 form has a $10,000 capacity - True or False
False
A _______ is a legal statement that allows a Customs Broker to enter goods imported into the United States on behalf of the person or corporation issuing the _______.
power of attorney
TSCA stands for?
Toxic Substance Control Act
Certain HTS codes do not pertain to this form.
Lacey Act
At what value is a Power of Attorney needed for American Goods Returned?
$10,000
A _____ is a declaration of information on imported or exported goods, prepared by a customs broker on prescribed Form 7501, Entry Summary and then electronically submitted to CBP when possible. It states the Harmonized Tariff Schedule code, country of origin, description, quantity, and value of the goods, and the estimated amount of duty to be paid.
customs entry
This term refers to the country of manufacture, production, or growth of an article of foreign origin entering the United States
Country of Origin
There is a certain list of HTS codes that do not require this form to be completed.
The Lacey Act
All merchandise of U.S. origin valued over $10,000 shall be cleared as ____ entries in the importers name.
Formal
What are the essential items needed on an invoice?
Accurate and precise line- by- line description of merchandise.
Accurate unit values and line item values with country currency.
Other government agency information/documentation if required
Phone number and contact name of importer.
Phone number and contact name of importer.
Name and address of manufacturer(s) if different than the exporter.
Name and address of importer (which will be used to locate a Client Master File in GTK).
Name and Address of ultimate consignee.