Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
612-822-4611

  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Audits and Compliance: Customs Modernization Act: 2017 Edition

Audits and Compliance: Customs Modernization Act: 2017 Edition

Seal, Jan

Paperback

Business General

ISBN10: 1460955757
ISBN13: 9781460955758
Publisher: Createspace
Published: Mar 17 2012
Pages: 276
Weight: 1.42
Height: 0.58 Width: 8.50 Depth: 11.00
Language: English
The Audits and Compliance Book provides you with an overview of the U.S. Customs Modernization Act including a reasonable care checklist, an explanation of the audit procedures called Focused Assessment, how to design policy and procedures, record-keeping requirements, and much more. When the United States enacted the Customs Modernization Act in 1993, it transferred responsibility for classifying and entering correct value of goods from U.S. Customs to the importer of record. Now companies must be sure to properly classify all their imported goods, accurately report their value, and determine and pay the appropriate duties and fees. Failure to comply with the regulations can result in severe penalties to the importer. In addition, Customs requires importers to create a set of standard operating procedures for the importation of their goods into the United States. To ensure these procedures are being followed and producing accurate results, Customs periodically audits these procedures to ensure compliance with import regulations.

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