Glossary

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Keyword/AbbreviationDefinition / Meaning
Importer:A business or individual that brings foreign goods into a country for sale or distribution.
Export:The process of sending goods from one country to another for sale or trade.
Customs:The government agency responsible for regulating the import and export of goods and collecting duties and taxes.
Tariff:A tax imposed on imported or exported goods.
Duty:The fee or tax levied on imported goods, which varies based on the type and origin of the product.
Harmonized System (HS) Code:A standardized system for classifying products for customs and trade purposes.
Bill of Lading (BOL):A legal document that details the type, quantity, and destination of goods being transported.
Freight Forwarder:A company that arranges and manages the shipping and logistics of goods, often acting as an intermediary between the shipper and the carrier.
Incoterms (International Commercial Terms):A set of standardized terms used in international trade contracts to define responsibilities between buyers and sellers.
Letter of Credit (LC):A financial instrument that guarantees payment from the buyer's bank to the seller upon the completion of specified conditions.
Port of Entry:The designated location where goods are legally allowed to enter a country.
Importer of Record (IOR):The entity responsible for customs duties and ensuring compliance with customs regulations.
Anti-Dumping Duty:A tariff imposed on imports at less than their fair market value to protect domestic industries.
Countervailing Duty:A tariff imposed on subsidized foreign goods to level the playing field with domestic products.
Import License:A government-issued permit granting the right to import specific goods into a country.
Import Quota:A government-imposed limit on the quantity of a particular product that can be imported within a specified time frame.
Customs Broker:A licensed professional who helps importers navigate customs regulations and procedures.
Free Trade Agreement (FTA):An agreement between two or more countries to reduce or eliminate tariffs and trade barriers.
CIF (Cost, Insurance, Freight):A pricing term indicating that the seller is responsible for all costs, insurance, and freight to deliver goods to a specified port of entry.
FOB (Free On Board):A pricing term indicating that the seller is responsible for costs until the goods are loaded on the carrier.
Importer Security Filing (ISF):A mandatory filing requirement for importers to provide shipment information before goods arrive in the U.S.
Single Transaction Bond:A bond covering a specific shipment or import transaction.
Bill of Entry:A customs document that contains details of imported goods, including their value, quantity, and classification.
Pro Forma Invoice:A preliminary invoice issued by the seller before the actual sale to provide the buyer with a cost estimate.
Country of Origin:The country in which a product is produced, which can affect tariff rates and trade agreements.
Import Declaration:A formal document submitted to customs authorities providing detailed information about imported goods.
Transshipment:The transfer of goods from one carrier or means of transport to another during the journey.
Duty Drawback:A refund of customs duties on imported goods that are later exported.
Bonded Warehouse:A secure facility where imported goods can be stored without immediate payment of customs duties.
Landed Cost:The total cost of a product, including its price, shipping, duties, and other expenses, upon arrival at the destination.
De Minimis Value:The minimum declared value at which imported goods are exempt from certain customs duties and taxes.
Consolidator:A company that combines shipments from multiple shippers to optimize freight costs.
Import Certificate:A document issued by the government, granting permission to import certain products.
Temporary Importation:The entry of goods into a country for a specific purpose and a limited period.
Import Duty Rate:The percentage or amount of duty payable on the value of imported goods.
Importer Identification Number:A unique number issued to importers by customs authorities for tracking and compliance.
Commodity Jurisdiction:Determining whether an item is subject to U.S. export control regulations.
Import Clearance:The process of gaining approval from customs to allow imported goods into the country.
Goods in Transit:Products moving through a country from the source to the destination, often without being cleared through customs.
Import Permit:A document authorizing the importation of specific goods, often issued for restricted or controlled items.
Transit Bond:A financial guarantee required by customs when goods are moved through a country without being cleared for entry.
Customs Value:The basis for calculating customs duties, often determined by the transaction value of the goods.
Drawback Claim:A formal request to receive a refund of customs duties paid on imported goods later exported.
Importer Self-Assessment (ISA):A program that allows qualified importers to self-assess their compliance with customs requirements.
Security Filing:The submission of detailed information about the cargo and its origins to enhance security and facilitate customs clearance.
De Minimis Threshold:The minimum value below which imported goods are exempt from customs duties or taxes.
Port of Discharge:The location where imported goods are offloaded from the carrier.
Trade Compliance:Adherence to laws and regulations governing international trade and importing.
Lacey Act:A U.S. law that regulates the trade of protected wildlife, plants, and wood products.
Voluntary Disclosures:A process by which importers voluntarily report violations or errors to customs authorities.
Pre-Shipment Inspection (PSI):An assessment of goods' quality and quantity before they are shipped.
Carriage Paid To (CPT):A pricing term indicating that the seller is responsible for carriage to a named place.
Carriage and Insurance Paid To (CIP):A pricing term indicating that the seller is responsible for carriage and insurance to a named place.
Duty-Free:Refers to products that are exempt from customs duties and taxes.
Duty Rate Quota:A predetermined quantity of goods that can be imported at a reduced or zero duty rate.
Consignee:The party to whom the goods are shipped and who receives the goods.
Dumping:Selling goods in another country at a price lower than the domestic market, which can lead to anti-dumping duties.
International Shipping:The process of transporting goods between countries through various means, including ships, planes, and trucks.
Tare Weight:The weight of the packaging or container in which goods are transported.
Freight Charges:The costs associated with shipping goods from one location to another.
Incoterms 2020:The latest set of international trade terms that define the responsibilities of buyers and sellers in global trade.
Manifest:A document listing the cargo, passengers, and crew of a vessel or aircraft.
Importer Number:An identifier assigned to importers by customs authorities for tracking and compliance.
Importer Security Filing (ISF) Bond:A financial guarantee required by CBP to ensure compliance with ISF regulations.
World Trade Organization (WTO):An international organization that deals with the global rules of trade between nations.
Foreign-Trade Zone (FTZ):A designated area within a country where certain customs procedures are suspended to encourage trade and investment.
Merchandise Processing Fee (MPF):A fee imposed on imported goods to cover the cost of customs processing.
Temporary Import Bond:A bond required when importing goods temporarily for specific purposes, like trade shows.
Merchandise Processing Fee (MPF) Minimum:The minimum fee imposed on imported goods.
Electronic Data Interchange (EDI):The electronic exchange of business data between trading partners.
Certificate of Origin:A document that certifies the country of origin of goods and may be required for certain trade agreements.
Customs Broker License:A license obtained by individuals or entities to act as customs brokers in facilitating imports and exports.
Overland Shipping:The transportation of goods by road, such as trucks and trains, within a country or across borders.
Overseas Manufacturer:A company that produces goods in a foreign country for export.
Trade Facilitation Agreement (TFA):An international agreement aimed at simplifying customs procedures and reducing trade barriers.
Export License:A government-issued permit granting the right to export specific goods to other countries.
Ad Valorem Duty:A customs duty calculated as a percentage of the value of the goods.
Advance Ruling:A decision by customs authorities providing guidance on tariff classification and other customs matters.
Bonded Carrier:A transport company authorized to move goods in bond or under customs control.
Cargo Insurance:A policy that provides coverage for loss or damage to goods during transportation.
Demurrage:Charges applied for the excessive use of a shipping container, beyond the agreed-upon free time.
Importer of Record (IOR) Responsibilities:The legal obligations of the entity responsible for customs compliance.
Temporary Importation Under Bond (TIB):A customs procedure for temporarily importing goods for specific purposes, with the requirement of a bond.
Import Duty Exemption:The privilege of not paying import duties for certain products or under specific circumstances.
Transit Declaration:A customs document required when goods are moving through a country without being cleared for entry.
Free Trade Zone (FTZ):A designated area where goods can be stored, processed, or assembled without being subject to customs duties or taxes.
Transshipment:The act of transferring goods from one means of transport to another during the journey.
Import Tariff Quota:A system that allows a specified quantity of a product to be imported at a lower or zero tariff rate.
Inward Processing Relief (IPR):A customs procedure that allows the import of goods for processing or repair without paying duties.
Certificate of Conformity (COC):A document certifying that products comply with specified standards and regulations.
Value-Added Tax (VAT):A consumption tax imposed on the value added to goods and services at each stage of production or distribution.
Entry Summary:A document that provides a summary of the imported goods, their classification, and value for customs purposes.
Cargo Consolidation:The process of combining multiple shipments into a single container for transportation.
Carnet:An international customs document that allows goods to be temporarily imported into foreign countries without paying duties.
Customs Declaration:A formal statement providing details about the imported goods for customs purposes.
Dumping Margin:The amount by which an imported product is sold at less than fair market value in the domestic market.
Export Credit Guarantee:A financial guarantee provided to exporters to protect against non-payment by the importer.
Consolidation Center:A facility where goods from multiple suppliers are consolidated before being shipped as a single shipment.
Drawback Certificate:A document issued to claim a refund of duties paid on imported goods that are later exported.
In-Bond Movement:The transportation of goods under customs control from one location to another within a country.
Importer of Record (IOR) Agreement:A legally binding document outlining the responsibilities of the IOR in customs compliance.
Import Control Number (ICN):An identifier used by customs authorities to track and manage imports.
Customs Value Adjustment:The process of adjusting the declared customs value of goods based on specific criteria.
Drawback Eligibility:The criteria that determine whether goods are eligible for a refund of customs duties.
Foreign Trade Data (FTD):Data collected by governments related to international trade, including import and export statistics.
Importer Security Filing (ISF) Response:Feedback from customs authorities regarding the status of the ISF filing.
Duty Exemption Certificate:A document that provides evidence of exemption from paying certain import duties.
Intermodal Transportation:The use of multiple modes of transportation (e.g., truck, train, ship) for the movement of goods.
Landed Cost Calculation:The process of determining the total cost of an imported product, including duties, taxes, and shipping fees.
Documentary Collection:A method of payment in international trade where the exporter's bank forwards shipping documents to the importer's bank for payment.
Tariff Classification:The process of determining the correct HS code for a product for customs purposes.
Country of Origin Marking:A requirement to mark imported goods with the country of origin to identify their source.
Importer of Record (IOR) Authorization:The process of designating a legal entity or individual to act as the IOR.
ISF Non-Intrusive Inspection (NII):A process of scanning and inspecting cargo for security purposes without physical examination.
Valuation of Imported Goods:The method used to determine the customs value of imported goods for duty assessment.
Landed Cost Analysis:A cost-benefit analysis to determine the total expenses associated with importing goods.
Buyer's Remorse:The feeling of regret after making an international purchase, often due to high import costs.
License Exception:An exemption or relaxation of export control regulations for specific transactions or products.
Export Control Classification Number (ECCN):A code that classifies products for export control purposes.
Marine Insurance:Insurance coverage for goods during ocean transport, providing protection against damage or loss.
Trade Sanctions:Economic and political measures imposed by a country or group of countries to restrict trade with a targeted nation.
Inbound Logistics:The process of managing the flow of goods into a business, including transportation, warehousing, and inventory control.
Export Credit Insurance:Insurance that protects exporters against non-payment by foreign buyers.
Prohibited Imports:Goods that are not allowed to be imported into a country due to legal or safety concerns.
Cargo Manifest:A document listing all cargo on a vessel or aircraft, including descriptions, quantities, and destinations.
Compliance Audit:An examination of import and export transactions to ensure they adhere to customs regulations and trade laws.
Temporary Importation for Active Improvement (TIAI):A customs procedure allowing goods to be imported temporarily for repair or enhancement.
Prohibited Exports:Goods that are not allowed to be exported from a country, often due to national security or safety concerns.
Container Yard (CY):A facility where shipping containers are stored and loaded onto vessels or trucks.
Free Trade Agreement (FTA) Certificate of Origin:A document certifying that the goods meet the requirements of an FTA.
Transit Document:A permit allowing the transit of goods through a country without customs clearance.
Cross-Border Trade:The exchange of goods between neighboring countries, often facilitated by shared borders and trade agreements.
Customs Declaration Form:A standard document used to report the details of imported goods to customs authorities.
Generalized System of Preferences (GSP):A program that offers preferential tariff rates to developing countries.
Inventory Control:The management of stocks and storage of goods to ensure availability and reduce costs.
Temporary Export Bond (TEB):A financial guarantee required when temporarily exporting goods.
Customs Duty Drawback Program:A government program that refunds customs duties on imported goods later exported.
Customs Audit:A review of an importer's records and transactions to ensure compliance with customs regulations.
Inward Cargo Manifest:A document that provides details of the cargo on an arriving vessel or aircraft.
Re-Export:The process of exporting goods that were previously imported, often after some processing or value addition.
Commodity Code:A code used to classify products for customs and trade purposes, similar to an HS code.
Import Compliance Manual:A document that outlines an importer's internal procedures for customs compliance.
Temporary Importation Bond (TIB):A bond required when temporarily importing goods for specific purposes.
Customs Valuation Methods:Different approaches to determining the customs value of imported goods, such as transaction value or deductive value.
Duty Suspension:A program allowing certain goods to be imported duty-free for specific purposes, such as manufacturing or processing.
Customs Brokerage Services:Services provided by customs brokers to help importers navigate customs procedures.
Special Drawing Rights (SDR):An international reserve asset created by the International Monetary Fund (IMF) and used in some international transactions.
Customs Ruling:An official decision issued by customs authorities to provide guidance on customs matters, such as classification or valuation.
Border Inspection Post (BIP):A location where imported goods are inspected to ensure compliance with safety and health regulations.
Free Trade Zone (FTZ) Operator:A company or entity responsible for managing operations within a free trade zone.
Duty Refund:A refund of customs duties, often provided when goods are exported or not used for their intended purpose.
Merchandise Processing Fee (MPF) Exemption:Circumstances or entities that are exempt from paying the MPF.
Temporary Exportation Bond:A financial guarantee required when temporarily exporting goods.
Advance Duty Deposit:A payment made to customs authorities in anticipation of the final duty assessment.
Importer's Risk Assessment:The evaluation of potential risks and liabilities associated with importing goods.
Tariff Rate Quota (TRQ):A system that allows imports of a product at a reduced tariff rate up to a specified quota.
Inland Port:A facility that serves as an inland extension of a seaport for the receipt and distribution of imported goods.
Import Duties Payment:The process of submitting payment for customs duties on imported goods.
Import Compliance Program:A set of policies and procedures aimed at ensuring an organization's adherence to customs and trade regulations.
Free Alongside Ship (FAS):A pricing term indicating that the seller delivers goods alongside the vessel at a specified port.
Transfer Pricing:The pricing of goods and services within a multinational company, often subject to customs scrutiny.
Automated Commercial Environment (ACE):A U.S. Customs and Border Protection (CBP) system used for processing import and export data.
Duty Deferral Program:A program that allows importers to delay payment of customs duties on goods held in bonded warehouses.
Roaming Inspection:Random customs inspections conducted at various locations to ensure compliance.
Customs Tariff Schedule:A comprehensive list of goods and their corresponding tariff rates for customs purposes.
Anti-Boycott Laws:Laws that prohibit participation in or compliance with foreign boycotts that are not sanctioned by the U.S. government.
Trade Preferences:Special trade privileges, often in the form of reduced duties, granted to specific countries or regions.
Intermediate Consignee:An entity involved in the transportation of goods, such as a shipping or forwarding agent.
Carnet De Passage:An international customs document that allows the temporary importation of vehicles without paying duties.
Quota Allocation:The distribution of quota allowances among importers for specific products or trade agreements.
Border Control:Measures and regulations at national borders to enforce customs, immigration, and security policies.
Customs Brokers Association:Professional organizations representing customs brokers and providing industry expertise.
Importer of Record (IOR) Documentation:Records and documents that demonstrate compliance with customs regulations.
Export Processing Zones (EPZs):Special industrial zones established to facilitate export-oriented manufacturing.
Importer Security Filing (ISF) Non-Intrusive Inspection (NII):The process of scanning and inspecting ISF-covered cargo for security.
Export Declaration:A document providing information about exported goods to customs authorities for statistical purposes.
Customs Valuation Database:A database of customs values used for determining the value of goods for duty assessment.
Inward Processing (IP):A customs procedure that allows imported goods to be processed, repaired, or improved in a country without paying duties.
Temporary Admission Bond (TAB):A financial guarantee required for temporarily importing goods for specific purposes.
Non-Tariff Barriers (NTBs):Restrictions other than tariffs, such as quotas or regulations, that can hinder international trade.
Container Freight Station (CFS):A facility for the consolidation and deconsolidation of cargo in shipping containers.
Ad Valorem Tariff:A duty calculated as a percentage of the value of the imported goods.
Single Window System:A digital platform that streamlines and automates customs procedures for importers and exporters.
Inward Cargo Declaration (ICD):A document filed with customs authorities that provides details about imported goods.
Customs Brokerage License:A license issued to individuals or entities that want to provide customs brokerage services.
Lacey Act Declaration:A declaration required for the importation of certain wood and plant products into the U.S.
Country of Origin Verification:The process of confirming the true country of origin of imported goods.
Temporary Importation Under Bond (TIB) Documentation:Records and documents required for goods imported temporarily under bond.
Temporary Importation for Active Improvement (TIAI) Bond:A financial guarantee required for temporarily importing goods for improvement or repair.
Customs Clearance Agent:An individual or company that specializes in facilitating the clearance of goods through customs.
Intermediate Consignee's Responsibilities:The responsibilities of entities involved in the transportation of goods during the import process.
Export Processing Certificate:A document that certifies that exported goods have undergone specific processing or manufacturing.
Duty Collection Authority:The entity responsible for collecting customs duties on behalf of the government.
Customs Valuation Methods Consultation:A process of consulting with customs authorities to determine the appropriate valuation method for imported goods.
De Minimis Rule:A rule that allows for the exemption of duties and taxes on low-value imports.
Import Compliance Recordkeeping:The practice of maintaining records and documentation to demonstrate compliance with customs regulations.
Duty Advance Guarantee:A financial guarantee required by customs authorities to ensure payment of future duties.
Country of Origin Marking Requirements:Regulations specifying how and where goods should be marked with their country of origin.
Temporary Importation Under Bond (TIB) Documentation:Records and documents required for goods imported temporarily under bond.
Customs Entry Number:A unique identifier assigned by customs authorities to each imported shipment.
Trade Facilitation and Trade Enforcement Act (TFTEA):U.S. legislation that provides customs enforcement and trade facilitation measures.
Temporary Exportation (TE) Bond:A financial guarantee required for goods temporarily exported and later re-imported.
Border Compliance:Adherence to customs, immigration, and security regulations at national borders.
Inward Processing Relief (IPR) Documentation:Records and documentation required for importing goods under IPR procedures.
International Traffic in Arms Regulations (ITAR):U.S. government regulations controlling the export and import of defense-related articles and services.
Automated Export System (AES):A U.S. government system used for electronic filing of export data.
Customs Valuation Database Consultation:The process of consulting a database of customs values to determine the appropriate valuation method for imported goods.
Trade Finance:Financial instruments and products used to facilitate international trade, including letters of credit and trade credit insurance.
Temporary Exportation Bond (TEB) Documentation:Records and documents required for goods temporarily exported under bond.
Container Freight Station (CFS) Operator:A company or entity responsible for the management of CFS operations.
Trade Dispute:A conflict or disagreement between trading partners or countries related to imports and exports.
Customs Bonded Warehouse License:A license issued to entities operating customs bonded warehouses for the storage of imported goods.
Inward Processing Relief (IPR) Bond:A financial guarantee required for importing goods under IPR procedures.
Customs Compliance Review:A process of reviewing and assessing an importer's customs compliance to identify potential issues.
Temporary Admission Bond (TAB) Documentation:Records and documents required for goods temporarily admitted under bond.
Export Credit Reporting:The practice of providing information about export credit transactions to credit agencies.
Customs Valuation Method Consultation:A process of consulting with customs authorities to determine the appropriate valuation method for imported goods.
Customs Documentation Requirements:The paperwork and records required by customs authorities for the clearance of imported goods.
Importer Security Filing (ISF) Non-Intrusive Inspection (NII) Requirements:Requirements related to the inspection of ISF-covered cargo.
Duty Drawback Claim:A formal request to receive a refund of customs duties paid on imported goods that are later exported.
Customs Brokers Association Membership:Membership in professional organizations representing customs brokers and providing industry expertise.
Import Compliance Training:Training programs and courses aimed at educating individuals and businesses on customs and trade regulations.
Country of Origin Verification Documentation:Records and documents used to verify the true country of origin of imported goods.
Temporary Importation for Active Improvement (TIAI) Documentation:Records and documents required for goods imported temporarily for improvement or repair.
Customs Valuation Records:Documentation used to demonstrate the valuation of imported goods for customs purposes.
Importer Security Filing (ISF) Response Management:The process of managing and addressing feedback from customs authorities regarding the ISF filing.
Lacey Act Declaration Requirements:Requirements for providing a Lacey Act Declaration for the importation of wood and plant products.
Customs Valuation Consultation:A process of consulting with customs authorities to determine the appropriate customs valuation method.
Temporary Importation Under Bond (TIB) Requirements:Requirements for goods imported temporarily under bond for specific purposes.
Importer of Record (IOR) Documentation Management:The practice of managing records and documents related to the responsibilities of the IOR.
Duty Collection Authority Guidelines:Guidelines for the entity responsible for collecting customs duties on behalf of the government.
Country of Origin Marking Guidelines:Guidelines specifying how and where goods should be marked with their country of origin.
Temporary Importation Under Bond (TIB) Records:Documentation required for goods imported temporarily under bond for specific purposes.
Importer Security Filing (ISF) Non-Intrusive Inspection (NII) Management:The management of inspections and scans for ISF-covered cargo.
De Minimis Rule Requirements:Requirements for the exemption of duties and taxes on low-value imports under the De Minimis Rule.
Customs Entry Number Issuance:The process of customs authorities assigning a unique identifier to each imported shipment.
Trade Facilitation and Trade Enforcement Act (TFTEA) Compliance:Compliance with the provisions of the TFTEA, including customs enforcement and trade facilitation measures.
Temporary Exportation (TE) Bond Requirements:Requirements for goods temporarily exported and later re-imported under bond.
Inward Processing Relief (IPR) Documentation Management:The management of records and documentation required for importing goods under IPR procedures.
Customs Bonded Warehouse License Application:The process of applying for a license to operate customs bonded warehouses.
International Traffic in Arms Regulations (ITAR) Compliance:Compliance with U.S. regulations controlling the export and import of defense-related articles and services.
Automated Export System (AES) Submission:The electronic filing of export data through the AES.
Customs Valuation Database Consultation Process:The process of consulting a database of customs values to determine the appropriate customs valuation method.
Trade Finance Services:Financial services and products provided to facilitate international trade transactions.
Temporary Exportation Bond (TEB) Application:The process of applying for a bond required for goods temporarily exported under bond.
Container Freight Station (CFS) Operator Requirements:Requirements for entities managing CFS operations.
Trade Dispute Resolution:The process of resolving conflicts or disagreements between trading partners or countries related to imports and exports.
Customs Bonded Warehouse Operation:The operation and management of customs bonded warehouses for the storage of imported goods.
Inward Processing Relief (IPR) Bond Application:The process of applying for a bond required for importing goods under IPR procedures.
Customs Compliance Review Process:The process of reviewing and assessing an importer's customs compliance to identify potential issues.
Temporary Admission Bond (TAB) Application:The process of applying for a bond required for goods temporarily admitted under bond.
Export Credit Reporting Requirements:Requirements for providing information about export credit transactions to credit agencies.
Customs Valuation Method Consultation Process:The process of consulting with customs authorities to determine the appropriate customs valuation method.
Customs Documentation Submission:The submission of paperwork and records required by customs authorities for the clearance of imported goods.
Importer Security Filing (ISF) Non-Intrusive Inspection (NII) Process:The process of inspecting ISF-covered cargo for security.
Duty Drawback Claim Process:The process of submitting a formal request for a refund of customs duties paid on imported goods that are later exported.
Customs Brokers Association Membership Benefits:The benefits of joining professional organizations representing customs brokers.
Import Compliance Training Programs:Training programs and courses aimed at educating individuals and businesses on customs and trade regulations.
Country of Origin Verification Documentation Requirements:Requirements for records and documents used to verify the true country of origin of imported goods.
Temporary Importation for Active Improvement (TIAI) Documentation Management:The management of records and documents required for goods imported temporarily for improvement or repair.
Customs Valuation Records Maintenance:The practice of maintaining documentation to demonstrate the valuation of imported goods for customs purposes.
Importer Security Filing (ISF) Response Management Process:The process of managing and addressing feedback from customs authorities regarding the ISF filing.
Lacey Act Declaration Requirements Application:The process of fulfilling requirements for providing a Lacey Act Declaration for the importation of wood and plant products.
Customs Valuation Consultation Process:The process of consulting with customs authorities to determine the appropriate customs valuation method.
Temporary Importation Under Bond (TIB) Requirements Fulfillment:Fulfilling requirements for goods imported temporarily under bond for specific purposes.
Importer of Record (IOR) Documentation Management Process:The management of records and documents related to the responsibilities of the IOR.
Duty Collection Authority Guidelines Adherence:Adherence to guidelines for the entity responsible for collecting customs duties on behalf of the government.
Country of Origin Marking Guidelines Compliance:Compliance with guidelines specifying how and where goods should be marked with their country of origin.
Temporary Importation Under Bond (TIB) Records Maintenance:The maintenance of documentation required for goods imported temporarily under bond for specific purposes.
Importer Security Filing (ISF) Non-Intrusive Inspection (NII) Management Process:The management of inspections and scans for ISF-covered cargo.
De Minimis Rule Requirements Fulfillment:Fulfilling requirements for the exemption of duties and taxes on low-value imports under the De Minimis Rule.
Customs Entry Number Issuance Process:The process of customs authorities assigning a unique identifier to each imported shipment.
Trade Facilitation and Trade Enforcement Act (TFTEA) Compliance Implementation:Implementing compliance with the provisions of the TFTEA, including customs enforcement and trade facilitation measures.
Temporary Exportation (TE) Bond Requirements Fulfillment:Fulfilling requirements for goods temporarily exported and later re-imported under bond.
Inward Processing Relief (IPR) Documentation Management Process:The management of records and documentation required for importing goods under IPR procedures.
Customs Bonded Warehouse License Application Process:The process of applying for a license to operate customs bonded warehouses.
International Traffic in Arms Regulations (ITAR) Compliance Implementation:Implementing compliance with U.S. regulations controlling the export and import of defense-related articles and services.
Automated Export System (AES) Submission Process:The electronic filing of export data through the AES.
Customs Valuation Database Consultation Process Implementation:Implementing the process of consulting a database of customs values to determine the appropriate customs valuation method.
Trade Finance Services Utilization:Utilizing financial services and products provided to facilitate international trade transactions.
Temporary Exportation Bond (TEB) Application Process:The process of applying for a bond required for goods temporarily exported under bond.
Container Freight Station (CFS) Operator Requirements Fulfillment:Fulfilling requirements for entities managing CFS operations.
Trade Dispute Resolution Process:The process of resolving conflicts or disagreements between trading partners or countries related to imports and exports.
Customs Bonded Warehouse Operation Management:The operation and management of customs bonded warehouses for the storage of imported goods.
Inward Processing Relief (IPR) Bond Application Process:The process of applying for a bond required for importing goods under IPR procedures.
Customs Compliance Review Process Implementation:Implementing the process of reviewing and assessing an importer's customs compliance to identify potential issues.
Temporary Admission Bond (TAB) Application Process:The process of applying for a bond required for goods temporarily admitted under bond.
Export Credit Reporting Requirements Fulfillment:Fulfilling requirements for providing information about export credit transactions to credit agencies.
Customs Valuation Method Consultation Process Implementation:Implementing the process of consulting with customs authorities to determine the appropriate customs valuation method.
Customs Documentation Submission Process:The submission of paperwork and records required by customs authorities for the clearance of imported goods.
Importer Security Filing (ISF) Non-Intrusive Inspection (NII) Process Implementation:Implementing the process of inspecting ISF-covered cargo for security.
Duty Drawback Claim Process Implementation:Implementing the process of submitting a formal request for a refund of customs duties paid on imported goods that are later exported.
Customs Brokers Association Membership Benefits Utilization:Utilizing the benefits of joining professional organizations representing customs brokers.
Import Compliance Training Programs Utilization:Utilizing training programs and courses aimed at educating individuals and businesses on customs and trade regulations.
Country of Origin Verification Documentation Requirements Fulfillment:Fulfilling requirements for records and documents used to verify the true country of origin of imported goods.
Temporary Importation for Active Improvement (TIAI) Documentation Management Process Implementation:Implementing the management of records and documents required for goods imported temporarily for improvement or repair.
Customs Valuation Records Maintenance Process:Implementing the practice of maintaining documentation to demonstrate the valuation of imported goods for customs purposes.
Importer Security Filing (ISF) Response Management Process Implementation:Implementing the process of managing and addressing feedback from customs authorities regarding the ISF filing.
Lacey Act Declaration Requirements Application Process:Implementing the process of fulfilling requirements for providing a Lacey Act Declaration for the importation of wood and plant products.
Customs Valuation Consultation Process Implementation:Implementing the process of consulting with customs authorities to determine the appropriate customs valuation method.
Keyword/AbbreviationDefinition / Meaning
Terms and Definition related to Importing

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