Importing Procedures

Course Description

Import Documentation & Procedures Course. Too often importers expect their brokers to do all of the work when it comes to the importing process. Unfortunately, the broker is NOT a tax advisor. Any errors they make could result in penalties for you, the importer. Learn the key compliance elements of importing, classification, valuation, country of origin duty payment and record keeping. Learn also how to decipher those cryptic forms your broker supplies to you.  See Schedule ->

If you already have a good understanding of Importing Procedures, consider Advanced Import Compliance course – Importing 201 class.

What you will learn

  • Learn what your customs broker should be doing for you!
  • Six different ways to value your goods
  • Country of Origin & markings
  • Overview of Harmonized Tariff Scheduled of the U.S.
  • Duty Determination
  • Customs Entry Process
  • Record keeping
  • Timely ISF reporting (Import Security Filing)

Course Will Benefit

Importers, Purchasing, Logistics, Traffic, Customer Service, Customs Brokers, Freight Forwarders. Anyone involved or with the responsibility for International Documentation, Compliance Rules and Regulations.

Class is excellent for beginners and also serves as a refresher for experienced professionals. Instructor will level set the course based on attendees.

Importing Procedures Course Agenda

8:30 a.m. to 4 p.m. – Seminar
8:30 a.m. to 4 p.m. (Central Time) – Webinar
Reference book U.S. Import Regulations, Procedures & Guidelines
  • THE IMPORT REGULATORY ENVIRONMENT
    • Customs & Border Protection & other regulatory agencies
    • The modernization act and reasonable care
  • VALUATION
    • Determining Value
    • Assists and Other Additions to Value
    • International Freight and Other Deductions from Value
    • Alternative Valuation Methods
    • Related Party Transactions
    • Currency Conversion
    • First Sale for Export Principle
    • The 4-Way Valuation Audit
  • COUNTRY OF ORIGIN AND MARKING
    • Country of Origin Regulations, Determination & Marking
  • OVERVIEW OF THE HARMONIZED TARIFF SCHEDULE OF THE US
    • Deciphering a Tariff Page
  • DUTY DETERMINATION
    • Free Trade Agreements and Duty Preference Programs
    • Other Duties, Duty Exemptions and Fees
  • ENTRY
    • Import and Entry Process Flow
    • Preparing to Make Entry
    • Consumption Entry — Detailed review of the entry form 3461 and the entry summary form 7501
    • Post Entry Amendment
    • Special Entry Types
  • RECORD KEEPING
    • Auditing & Maintaining Records The (a)(1)(A) List
  • OTHER IMPORT CONSIDERATIONS
    • Intellectual Property Rights
    • Quota, Samples, Wood Packaging, Lacey Act
    • Consumer Product Safety Improvement Act
  • CUSTOMS ENFORCEMENT
    • Penalty Process
    • Monetary Penalties
    • Seizure & Forfeiture
    • Importer Audits
  • CUSTOMS SECURITY
    • ISF Importer Security Filing “10+2”
    • Customs — Trade Partnership Against Terrorism “C-TPAT”
    • Free & Secure Trade “FAST”

$595.00
Per Person

Small Class Size
6.5 Hrs Teaching
Printed Book Included
Certificate of Completion
6.5 CCS/CEU Credits

Full-Day Class

Register 30 days in advance & Save $50
Seminar Time: 8:30am – 4pm Local Time
Webinar Time: 8:30am – 4pm CT
Two 15min breaks (am/pm), 1hr lunch

U.S. Import Regulations Procedures & Guidelines
Author:
John D Goodrich

Book included with registration!
Can’t attend? Click here to purchase book

*Register at least 1 month in advance for $50 discount

Certificate Issued Upon Completion

Course has been approved to

Earn credits! See below

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