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LOGISTICS, TRADE and TRANSPORTATION SYMPOSIUM 2014. DUTY EXEMPTION, DEFERRAL AND REDUCTIONS. DUTY EXEMPTION:. INBOND ENTRIES – T&E – TRANSPORTATION & EXPORT; I.E. - IMMEDIATE EXPORT T.I.B. ENTRY - TEMPORARY IMPORTATION BOND ENTRY
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LOGISTICS, TRADE and TRANSPORTATION SYMPOSIUM 2014 DUTY EXEMPTION, DEFERRAL AND REDUCTIONS
DUTY EXEMPTION: • INBOND ENTRIES – T&E – TRANSPORTATION & EXPORT; I.E. - IMMEDIATE EXPORT • T.I.B. ENTRY - TEMPORARY IMPORTATION BOND ENTRY • I.I.T. BONDS – INSTRUMENTS OF INTERNATIONAL TRADE (SUBSTANTIAL CONTAINERS) • CBP FORM 3299 – U.S. RETURNED GOODS RETURNING FROM ABROAD • CBP FORM 3499 – PERSONAL AFFECTS RETURNING FROM ABROARD • SECTION 321 – LOW VALUE IMPORTS, $200 AND UNDER • FREE TRADE AGREEMENTS – NAFTA, CAFTA, ETC. • TRADE FAIR ENTRY • INTERNTIONAL A.T.A CARNET
DUTY DEFERRAL - PAYMENT DELAYS: I.T. INBONDS – IN-TRANSIT BONDS BONDED WAREHOUSE ENTRIES AND WITHDRAWALS FOREIGN TRADE ZONES ADMISSIONS AND WITHDRAWALS
REDUCING DUTY AMOUNTS: ASSEMBLY ABROAD OF U.S. MANUFACTURED GOODS – 9802 PROGRAM BONDED WAREHOUSE ENTRIES AND WITHDRAWALS – APPLICABLE DUTY AT WITHDRAWAL FOREIGN TRADE ZONES – CHANGE IN TARIFF CLAIMS
PRESENTED BY: TERRY LINER, LICENSED CHB MASTERPIECE INT’L LTD tliner@masterpieceintl.com