According to Lawyer Li Xinyu, who is specialized in the U.S. customs act from Stein Shostak Shostak Pollack & O Hara, LLP Shanghai Representative Office, on 15th November, U.S. Customs launched the latest version of the guide book Importing into the United States: A Guide for Commercial Importers on its official website, so as to help enterprises engaged in import business in the United States accurately apply to customs and deal with other import procedures.
The main sections of the Guide include:
U.S. Customs: Mission and Institution
Goods Import
Informed Compliance
Invoice
The Valuation of tariff
Customs Classification and Valuation
Products (Origin)Mark
Special Requirements
Foreign Trade Zone
The Importers Guide refers to "2002 United States Trade Act" and "Customs Modernization Act". U.S. Customs pointed out, the prominent feature of "Customs Modernization Act" is that it establishes a relationship based on informed compliance between Customs and importers. The key element of " informed compliance " is that Customs and importers share the obligation, namely, Customs conveys the relevant law requirements to the importers, meanwhile the importers must inform Customs of accurate and timely information of imported goods. U.S. Customs also noted that the Guide s publication is not intended to replace or modify the former laws and regulations. Because laws and administrative regulations change frequently, and so do the quota restrictions. Therefore, simply relying on the Guide to do import business is incompatible with importers due obligation of reasonable and careful.
Foreign companies engaged in export to the United States also can refer to the latest edition of the Guide. You can visit or download the book at following link: http://www.cbp.gov/xp/cgov/toolbox/publications/
