What is the ease or complexity of your import processes? Every supply chain is different. To gain a better understanding of your supply chain and the ease or difficulty of a consumption entry filing, take this short questionnaire and gather a more comprehensive view of your import entries.
How many entries do you have per year, or anticipate in the next year?*
How many tariff numbers do you have?
How many ports do you use?
How many entries are subject to Anti-dumping/Countervailing?**
How many entries are subject to quota?***
How many entries are subject to FDA or other regulatory organization?
How many are border entries, meaning they enter the US by truck from Canada or Mexico?
What commodities do you import?
Understanding your results to this survey can assist you in improving processes in-house and moving toward a best-in-class importer. If you would like to discuss these qualifying questions and how they may effect your importing, please contact Sarah Braun, sbraun@traderiskguaranty.com or 847-756-7531.
*Customs Entry is defined as “A statement of the kinds, quantities and values of goods imported together with duties, if any, that is declared before customs authorities”.
**Anti-dumping/Countervailing duties are applied when a foreign manufacturer is able to sell goods in the US less than fair value, causing injury to the US industry.
***Quotas permit a specified quantity of imported merchandise to be entered at a reduced rate of duty during the quota period. Once the tariff-rate quota limit is reached, goods may still be entered but at a higher rate of duty.
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