Unlocking the Secrets of Customs Clearance: The Vital Role of Liquidation and How to Keep Track!

  The liquidation process by U.S. Customs and Border Protection (CBP) is a crucial step in finalizing the duties and taxes on imported goods. Here’s an illustration of the process: 1. Entry Filing: Importer Declaration: The importer or their customs broker files an entry summary (CBP Form 7501) with CBP, declaring the imported goods and providing … Read more

Mastering Compliance: 5 Essential Strategies to Screen Supply Chains According to CBP Requirements!

In recent years, the role of customs brokers has evolved significantly, driven by increased scrutiny from U.S. Customs and Border Protection (CBP). This heightened focus is compelling brokers to invest in advanced technology to better understand and manage the regulatory risks their shipper clients face. While the mandate for technological investment has always been implicit, … Read more