F.C.C – Changes in Customs entry reporting : Sanders Brokerage

F.C.C – Changes in Customs entry reporting

Posted by stevelsanders98230 on Friday, July 15, 2016 · Leave a Comment

Following is a Customs Message System notification which appears to remove the need for the trade and brokers to report FCC information in an import entry.

Administrative Message

Message Id	16-000583
Title	Explanation of FCC Data Requirements for July, 2016
Subject	ABI
Transmission Date	2016-07-13

Message

Effective July 1, 2016, FCC flags were removed to comply the with Federal 
Register Notice allowing trade to be exempt from filing FCC data until the 
regulations are updated to no longer require the submission of FCC data on 
electronic entry summaries. This requirement to file FCC data is based on 
the Import Date rather than the date of entry summary filing. If the import 
date is prior to July 1, 2016, the FCC data must still be provided on the 
entry summary. Imports after July 1, 2016 will not be required to supply FCC 
data. 

Separately, CBP will no longer accept OGA Message Set data when ACS begins 
rejecting all entries and entry summaries on July 23, 2016. On that date, 
additional system validations will be in place to reject any ACE 
transactions that include the OGA Message Set data. Additionally, 
modifications will be made to ACE to no longer require FCC data regardless 
of the Import date since the OGA Message Set will no longer be accepted.

Filed under Current News, HOME · Tagged with

Comments are closed.

November 2024
S	M	T	W	T	F	S
« Jun
	1	2
3	4	5	6	7	8	9
10	11	12	13	14	15	16
17	18	19	20	21	22	23
24	25	26	27	28	29	30

Value Information Tips

When you ship or send goods to the U.S.A., the question of "valuation" may arise. What you need to know is that the issue of how to value your goods for export to the U.S.A. are part of a very complex law in our U.S. Customs Regulations (CBP).
The U.S. valuation law is very similar to the valuation law first developed and implemented by Canada Customs. The basic bottom line concept on most imports deals with the goods being valued (appraised) at the actual transaction value. That is, the price paid or payable for the merchandise. Transaction value is commonly used in arms length (unrelated) sales where a specific relationship did not impact the price paid or payable for the goods.
The term Related means within the sale of the goods, that actual family relations are involved, or that there are mutual owners in the selling company and purchasing company. CBP feels that family relationship or mutual owners in the seller and the buyer could impact the value paid or payable for the goods..
In related sales, transaction value can still be used, provided it can be proven (via a test case) that the relationship did not impact the price paid or payable for the merchandise.
Further protocol flow of the valuation law is a bit more complex and deals with terms and concepts such as "Transaction Value of Identical or Similar Merchandise", "Computed Value", "Deductive Value", and "402f" (Customs last method of appraisement) when other valuation concepts determined.
The bottom line in this law is making sure that the U.S. Government is receiving it's full amount of duty money's and fees. Undervalued importations could result in a loss of revenue to the U.S. Government to which the government could pursue full reimbursement and penalty actions.
Please remember that declaring a proper value on your shipment for U.S. Customs purposes is a matter of law.

Sanders Brokerage