According to Customs: “Customs security area” means the Federal inspection services area at any airport accommodating international air commerce designated for processing passengers, crew, their baggage and effects arriving from, or departing to, foreign countries, as well as the aircraft deplaning and ramp area and other restricted areas designated by the port director. These areas … Read more
The United States International Trade Commission (or ITC) is an independent, quasijudicial Federal agency with broad investigative responsibilities on matters of trade. The agency is charged with, amongst other things, adjudicating cases involving imports that allegedly infringe on intellectual property rights. When they have determined that imported goods do infringe on intellectual property rights, they … Read more
C.A. Shea is pleased to announce the celebration of our 66th year this past December as a leading intermediary broker specializing in the placement and administration of U.S. Customs bonds. A family owned and operated business incorporated in 1945, we are proud to say that members of the fourth generation of the family are now … Read more
Antidumping duties are special duties imposed upon importers of specific commodities from certain countries when the U.S. Department of Commerce feels that such importation may be harmful to domestic producers of these goods. Because of the involvement of other government agencies to determine these duties, such as the Department of Commerce, the entry liquidation period … Read more
The use of a Carnet allows a principal to avoid posting of financial security at the time of entry, eliminates value added taxes (VAT) and simplifies customs procedures. This is done under the premise that the goods being imported will leave the country in the same condition that they were entered and will not be … Read more
In an attempt to better serve our clients, C.A. Shea can now offer emailed statements and renewal invoices. This allows our clients to receive their statements and renewal invoices directly into their email inbox without having to worry about documents getting lost in the mail. It also cuts down on the amount of paper used … Read more
The CF5955A, Notice of Penalty or Liquidated Damages Incurred and Demand for Payment is one type of claim Customs can make against a US Customs bond. When initially issued, the principal has (60) days to either file a dispute in the form of a petition or make payment to Customs. If the case has not … Read more
It has become ever more important for bond principals to keep their bonds up to date. In the last few years, Customs has initiated a number of policies that can have a serious affect on your client’s ability to operate. The most serious of which is a “bad address.” When Customs receives mail returned as … Read more
Customs and Border Protection (“CBP”) has recently abandoned its prolonged efforts to overturn a series of decisions in the United States Court of International Trade (“CIT”), in National Fisheries v. United States, which declared enhanced bonding requirements (“EBRs”) applied to surety bonds covering shrimp subject to antidumping duty unlawful. Under the EBR protocol, CBP required … Read more
On December 28, 2010, our office was notified by Customs that hundreds of Customs bonds were to be “shut off” by Customs due to a failure to comply with an obscure Customs requirement. This requirement states that a specific rider must be added to any bond used to import into the U.S. Virgin Islands. The … Read more
