Importer Stability Filing Planning.To bolster the need for your 10 (10) ISF details (excluding the monthly bill of lading number, termed the “phantom eleventh”) factors, I strongly suggest you contemplate amending your order buy or other contractual agreements employed in the transaction to have to have the vendor or supplier´s compliance with Importer Protection Filing needs. Some importers are also incorporating circumstances to economic devices like letters of credit rating. Inserting these types of language as part of your contractual documents could establish being a mitigating aspect if CBP difficulties you a penalty for untimely or inaccurate facts right after January 2010. what is GDPR ? You can more information here.
I also propose which you speak to and closely coordinate functions with your ocean carriers, NVOCC´s and freight forwarders participating within your import application. Meetings needs to be initiated among your supplier foundation and the carrier(s) at origin for applications of ironing out new protocols and treatments for issuing the monthly bill of lading number beforehand. Given that most significant ocean carriers (Maersk, APL/NOL, Evergreen, Hanjin, NYK, K-Line, OOCL and other people) are well informed on ISF; therefore if leveraged correctly, their abroad offices can assist you with educating your vendor and supplier base. I like to recommend that you simply get hold of your US based carrier consultant and ask for their abroad places of work engage problematic distributors or normally enable you to talk this new need.
Some importers are instituting seller penalties via their vendor compliance applications to incentivize compliance also to assistance offset the potential price of CBP penalties levied towards the importer.
Recommended Notifications On your Suppliers & Sellers
It seems that the two most troubling situations for importers right now are the inability to get the bill of lading amount upfront and/or lack of cooperation by suppliers and distributors. To that end, if you choose to direct file your ISF, find a company who has developed recommended notifications to send to suppliers and sellers. Recommended reading or attachments to your correspondence might include an Adobe copy of CBP Interim Final Rule (Federal Register Notice), copies of your new company polices or strategies, copies of other publications concerning Importer Security Submitting, and/or letters underscoring the importance and their support for your initiative from Senior Management.