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With Importer Security Filing (ISF)
regulations now in effect, companies
are still struggling to achieve 100%
timely and accurate filings as
required by these new regulations.
With fines of $5,000 per infraction
and broker fees averaging $30 per
filing, importers are struggling to
understand where their
responsibilities lay and how to best
comply while staying inside their
budget.
This eBook
covers 12 vital facts that importers
must be |
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aware of to successfully comply with the ISF, including answers to the
following frequently-asked
questions:
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What are the basic elements of an ISF filing? |
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What are the penalties of non-compliance and for unintentional errors? |
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How does my company minimize the costs and risks of compliance? |
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What problems are companies facing when dealing with their ISFs? |
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How can my company leverage ISF requirements to improve overall import operations? |
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What resources are available for more information on ISF? |
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"If a party who is responsible for filing the Importer Security Filing
fails to timely, accurately, and completely submit the Importer Security Filing,
that party will be subject to a claim for liquidated damages in the amount of
$5,000 per Importer Security Filing." |
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United States Customs & Border Protection (CBP)
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