Piña Customs Update
Newsletter®
The
U.S. Customs Service’s Informed Compliance and Modernization Act of
1993 (Mod Act) imposes on the Customs Service and importers a shared
responsibility in the administration of trade. Thus, Customs and
importers have entered a new era, obligating the importer to correctly
value and classify imported merchandise and Customs to properly assess
duties, collect accurate statistics and determine whether any other
requirement of the law is met. The shared responsibility obligation is
to be implemented through informed compliance and reasonable care.
Under the Mod Act, importers have the responsibility of vigilance in
keeping abreast of Customs’ instructions, which may take the form of:
rulings (final or proposed modifications and reversals); regulations
(draft, proposed or final); and policy statements. The Customs Service
disseminates information via:
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Notices in the Federal Register (published daily)
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The
Customs Bulletin And Decisions (published weekly)
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The
Customs Electronic Bulletin Board (CEBB) (updated as appropriate)
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Seminars
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Although most importers
want to stay up to date on the U.S. Customs Regulations many just
don’t have the time to keep up to date on changes and/or modifications
to the Customs Regulations by reading the Federal Register, Customs
Bulletin, CEEB, or attending seminars. In an effort to help importers
remain vigilant on customs matters, R. A. Piña & Associates, Inc.
offers the Piña Customs Update® which is published electronically once
per month.
The Piña Customs Update® provides importers with a summary of
important decisions reached by the Court of International Trade and
the U.S. Court of Appeals for the Federal Circuit as well as notices
published by the U.S. Customs Service in the Federal Register, Customs
Bulletin and the CEEB. The cost of the Customs Update is $99 per year
and includes monthly Customs Alerts.
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