DUTY DRAWBACK SERVICES
Our expertise comes from years of experience with international trade and regulatory practice. Our skilled consultants can minimize your compliance risk and provide you with recommendations for facilitating your international transactions thus reducing your operating costs and improving your bottom line.
Your business is unique. We realize that every importer has their own way of doing business, and that no two have identical needs. We tailor our services to achieve measurable business results adapted to your organization. Our value lies in our filling your knowledge gaps with practical business solutions, giving you the competitive edge needed in this global market. Our cost effective solutions are value driven, providing you with lasting process improvement and our fees are more than offset by savings in operating costs or by reduced financial regulatory exposure.
Our process usually begins with an on-site review of your operation to pinpoint any problem areas. Our consulting experts work side by side with your personnel to assess all significant regulatory issues. In-depth recommendations for corrective action are presented in a report of findings.
In addition to specific assignments, iBridge PES provides follow up reviews every six to twelve months as products and regulations change. Additionally, we provide on-going regulatory services where iBridge PES consultants are available to answer technical questions and help you with specific needs including researching topics and furnishing written recommendations.
We will provide you with a complete report of findings outlining your strengths and recommendations to correct areas of compliance and operational vulnerability.
As an importer, do you want the business certainty that your company won't be assessed fines or penalties for violations of the Customs Regulations that you were not even aware of? Do you know if your company's business process is addressing all the regulatory requirements imposed upon you as an importer into the U.S.?
Let iBridge PES, LLC assess and evaluate your current import compliance practices. At your request, we can carry this forward to developing and providing a complete internal compliance program uniquely designed to your company's business operations and structure.
Compliance Assessment and Development Process:
An iBridge PES, Compliance Assessment covering a client's adherence to the regulatory requirements of Customs Regulations of the U.S. will focus on the following key areas:
1) Examination of imported merchandise accompanied by company personnel familiar with the technical aspects of same to evaluate current classifications under the Harmonized System
2) Valuation of imported merchandise in accordance with the valuation code and the U. S. Customs Regulations
3) Country of origin marking of imported merchandise
4) Customs broker and transportation management
5) Importer's internal business processes for the conduct of import transactions
6) Internal flow of information and attendant responsibilities from inception of a foreign vendor purchase through to receipt of goods
7) A walk-through of the client's record keeping based upon selected sample entries
8) Discussions with relevant company personnel named in an internal compliance procedure and those who should be if no such procedure currently exists
Import/Export Services:
Import/Export Compliance
C-TPAT
Customs-Trade Partnership Against Terrorism (C-TPAT) is an initiative developed after 9/11 for importers, customs brokers, freight forwarders, and others throughout the trade community to protect their supply chain from the introduction of weapons of mass effect (WME). The initiative requires trade members to assess their supply chains for weaknesses and risks, and implement procedures to eliminate any discovered weaknesses and risks.
Meeting the goal of C-TPAT means strengthening your supply chain security. iBridge PES can assist you in meeting C-TPAT requirements by evaluating your supply chain and providing:
- Letter for International Business Partners
- Comprehensive Questionnaire for International Business Partners
- Supply Chain Assessment
- Supply Chain Security Profile
- Filing of your company's C-TPAT compliance application
- Supply Chain Management and Security
- Customs Valuation
- Commodity Classification
- Company Trade Compliance Policy Development
- Training
- Consulting
Automation technology Services
Duty Drawback Services
Selecting an appropriate Customs Broker and Freight Forwarder
New Import Companies:
Classifying imported products using the Harmonized Tariff Schedule
The USCBP process for imported goods
Locating suppliers
Placing your orders
Negotiating buying and payment terms
Setting up USCBP required record keeping systems
Establishing and maintaining tracking systems
Established Import Companies:
Binding Rulings
Buying Agency Agreements
C-TPAT
Free Trade Agreements
Quota
Rules of Origin
USCBP record keeping requirements
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