importer security filing: what you need to know
TRANSCRIPT
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(ISF) Importer Security FilingWhat You Need To Know
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What is ISF?Importer Security Filing (ISF)
Customs and Border Protection (CBP) regulationAffects ocean shipments entering the United StatesRegulations require importers to submit ocean cargo details electronically to the CBP
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Why is ISF Needed?
One Word: Safety
Explain. ISF gives the Customs Border Protection a heads up when high-risk shipments are en route to ensure the safety of U.S. borders.
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Types of ISF
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Two Types of ISF10 + 210 data elements needed to comply with regulations. Vessel Operating Carrier handles the +2: the vessel stow plan and container status messages.
ISF 5An importer of foreign shipments docking in the U.S. for a brief visit files these five elements.
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Give Me The BasicsAll ISF filings are done electronicallyCorrections must be made before goods dock at U.S. portsOnly the party submitting the filing can make changes
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Recent Changes
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The ISF has changed a lot since its birth in 2009. Here’s what you need to know:
ISF’s “three strikes and you’re out” method is over. ISF filings heading into “extra innings” will be fined now.Citations given by the CBF for ISF infractions will result in fines.
Changes You Need to Know
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What if I Have a Filing Fail?You’re going to pay up if you receive a citation. How much? Up to $5,000 per violation and a maximum of $10,000 per shipment for every late or inaccurate filing.
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Let a Customs Broker Help
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The ISF and customs clearance process can be confusing to anyone.
Working with a Customs Broker is the best way to ensure your documents are filed correctly and ISF penalties are avoided.
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Our experienced Customs Brokers will oversee the entire import entry level process to make sure you stay
compliant.
1.800.274.2329http://[email protected]
Reference: http://www.afcinternationalllc.com/blog/102-importer-security-filing-2/