Hot Topics in International Trade – The Value Manifest Update with Brenda Cordova, Braumiller Law Group
Hot Topics in International Trade – Brenda Cordova, Braumiller Law Group Mexico Legal Counsel, stops by to discuss the New Mexican Electronic Value Manifest with Bob Brewer VP Marketing & NBD of Braumiller Law Group.
CBP Statute of Limitations Waivers – Overview of Issues and Operation
Many trade practitioners that have had experience with a CBP prior disclosure or penalty action have encountered a request by CBP to execute a Statute of Limitations (SOL) waiver. These are usually accompanied by a request for the importer to provide a corporate resolution or the equivalent evidencing the authority of the SOL waiver signatory to sign the waiver on behalf of the importer / company.
Contratos Celebrados por Importadores Mexicanos (Su Relevancia en la Materialidad de las Operaciones Aduaneras y de Comercio Exterior)
El marco jurídico mexicano en materia aduanera y de comercio exterior ha evolucionado hacia un modelo de cumplimiento más estricto y controlado. Las autoridades ya no solo exigen que los importadores identifiquen cual es la mercancía objeto de la importación, sino también que acrediten bajo que términos y condiciones se realiza la operación de comercio exterior.
Contracts Executed by Mexican Importers (Their Relevance to the Substantiation of Customs and Foreign Trade Operations)
The Mexican legal framework governing customs and foreign trade has evolved toward a stricter and more controlled compliance model. Authorities no longer require importers merely to identify the goods being imported; they now also require proof of the terms and conditions under which the foreign trade transaction is conducted.
Hot Topics in International Trade Bob Brewer & Brenda Cordova discuss Customs Reform in Mexico
Hot Topics in International Trade Bob Brewer & Brenda Cordova discuss Customs Reform in Mexico
Let’s Be Serious
It’s really no surprise that US Customs enforcement seems to be much more stringent these days given the mandates by the current administration. It would behoove one to, become more self-aware in the supply chain. Yes, we put out fires for a living but we also assist those who are proactive, implementing strategies and best practices to avoid those fires in the first place. Being proactive, it begs the question, when was the last time you conducted an audit of your supply chain classifications? Remember, Customs can go back five years in their audit of your supply chain. Global Trade Compliance is what we do at Braumiller Law Group.
The U.S. Customs Broker License Exam: Tips and Perspectives
A customs broker license is issued to a person who has successfully passed a grueling licensing exam (after paying the exam fee), submitted a license application (along with another fee), and passed the subsequent FBI background investigation. The open-book exam, which lasts 4½ hours and comprises 80 multiple-choice questions, is ostensibly intended to measure one’s knowledge about various customs-related regulations and practices yet experience or employment in a customs-related job is not a prerequisite.
Australia and United Kingdom License Exemptions on the Way!
Canada has long enjoyed International Traffic in Arms Regulations (ITAR) license exemptions and minimal controls for items subject to the Export Administration Regulations (EAR). What about some of our other friends, such as Australia and United Kingdom? There are ITAR license exemptions for these countries in Parts 126.16 and 126.17 of the ITAR.
The Importance of Pedimento Codes for the IMMEX Customs Regime
In Mexico, a customs regime is the destination or treatment for goods subject to customs control in accordance with the nature and purposes of a customs operation. Companies with an IMMEX program may perform operations under the so-called customs regime of “temporary importation for elaboration, transformation or repair under a maquila program”. This name by itself implies several facts to consider.
La importancia de los Claves de Pedimentos en el Régimen Aduanero de las IMMEX
En México, un régimen aduanero es el destino o tratamiento que se da a los bienes objeto de control aduanero de conformidad con la naturaleza y propósitos de una operación aduanera. Las empresas con un programa IMMEX pueden realizar operaciones al amparo del régimen aduanero llamado “importación temporal para elaboración, transformación o reparación en programas de maquila”.