Industry News

We provide personalized services to the importing and exporting community

Industry News

  • The Liquidation Process of Customs Entry Summary March 13, 2019 What is Liquidation? While importing goods into the United States, importers must file an entry summary and pay the estimated duties within 10 days of the release of the goods. Many importers believe after this process is completed that their customs entry is done. However, the process is not finalized until the entry has be liquidated by CBP. Liquidation is final calculation of money owed to Customs ...
  • Requirements for Importing Regulated Composite Wood Products March 8, 2019 The Toxic Substances Control Act (TSCA) Title VI requires composite wood products be tested and certified, ensuring only compliant products are manufactured or imported into the United States. The three composite wood products affected under TSCA Title VI are hardwood plywood, medium-density fiberboard (MDF, including thin MDF), and particleboard. The regulation also applies to component parts and finished goods fabricated using composite wood products. Until March 22, 2019, composite wood products, ...
  • India and Turkey to Lose GSP Eligibility March 8, 2019 The Office of the United States Trade Representative (USTR) has announced the removal of India and Turkey from the Generalized System of Preferences (GSP). GSP is a program that allows developing countries to export goods to the United States without having to pay tariffs. The President must notify Congress at least 60 days prior to the termination of either country from the GSP program. India’s termination from GSP is due ...




Skip to toolbar