The United States imposes tariffs on imports of goods. Liabilities are collected at the time of import and are paid by importers of records. Customs vary by country of origin and product. Goods from many countries are exempt from obligations under various trade agreements. Certain types of goods are excluded from the assignment regardless of source. Customs rules are different from other import restrictions. Failure to comply with customs rules properly may result in the seizure of goods and criminal penalties against the parties involved. The United States Customs and Border Protection ("CBP") impose customs rules.
Video Customs duties in the United States
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Goods may be imported into the United States subject to import restrictions. Importers of goods may be taxed ("import duty" or "tariff") on the value of the imported goods. "The imported goods are not entered legally until after the delivery arrives at the port of entry, the delivery of goods has been authorized by CBP, and the estimated import duty has been paid." Import and declaration and payment of import duties are made by importers of records , which may be the owner of licensed goods, buyers, or licensed customs brokers. Goods may be stored in a bonded warehouse or Foreign Trade Zone in the United States up to five years without payment of duty.
Item must be declared to enter the US within 15 days of arrival or before leaving the bonded warehouse or foreign trade zone. The record importer specifies the transaction value of the goods and the country of origin, along with other information. The declaration should include a list of invoices and packing (or equivalent) listing all the goods. CBP then assesses the duty, which must be paid by the importer of records before the goods can be released. Many importers participate in voluntary self-assessment programs with CBP. Custom rules apply to items imported by mail.
All items imported to the United States must be inspected by CBP.
Some items may be imported temporarily to the United States under a system similar to the ATA Carnet system. Examples include laptop computers used by people traveling in the US and samples used by sellers.
Maps Customs duties in the United States
Origin
The tax rate on the transaction value varies by country of origin. Items must be individually labeled to indicate the country of origin, with the exception of certain types of goods. The default rule is used to specify the country of origin. Goods are deemed to originate in the country with the highest import duty for certain goods unless the goods meet certain minimum content requirements. These minimum content requirements may vary based on specific trade agreements or special arrangements. Deduction tariffs are effective under treaties and arrangements for certain classes or subclasses of goods in certain circumstances. Extensive modifications to normal duties and classifications apply to goods originating in Canada or Mexico under the North American Free Trade Agreement.
Classification
All non-excluded items shall be subject to duties calculated in accordance with the Harmonization Tariff Schedule for the United States. Harmonization Tariff Schedule provides applicable tariff rates and statistical categories for all merchandise imported into the United States. This long schedule provides the task fare for each class of goods. Most goods are classified by the nature of the goods, although some classifications are based on usage.
Task value
Customs tariffs can be expressed as a percentage of value or dollars and cents per unit. Rates based on values ââvary from zero to 20% in the 2011 schedule. Rates may be based on the relevant units for certain types of goods (per ton, per kilogram, per square meter, etc.). Some tasks are partly based on value and partly on quantity. The United States applies Customs rates which is one of the lowest in the world: 3% on average.
If goods with different import duties are combined, all shipping may be taxed at the highest applicable tariff rates.
Exceptions
Many categories of goods subject to zero customs duties. Such items still have to be announced. Some goods and goods from some countries are exempt from duty. The reduction of this task is based on classification and origin.
Procedures
Imported goods are generally accompanied by a bill of lading or air waybill that describes the goods. For the purposes of customs assessment, they must also be accompanied by an invoice documenting the value of the transaction. The items on the bill of lading and invoice are classified and the duties are calculated by the importer or CBP. The amount of this obligation must be paid immediately, and must be paid before the goods can be imported. Most of the valuation of goods is now done by importers and documentation submitted by CBP electronically.
After the assignment is paid, CBP approves the goods to be imported. They can then be moved from the port of entry, bonded warehouse, or Foreign Trade Zone.
After the duty is paid on certain goods, the importer may request the return of duty if the goods are exported without substantial modification. The process of claiming refunds is known as a weakness of the task.
Penalty
Certain civil penalties apply to failure to follow CBP rules and obligations to pay. In addition, the goods of persons subject to such punishment may be seized and sold by CBP. In addition, criminal penalties may apply for certain offenses. Criminal penalties may double the value of the goods plus twenty years in prison.
Foreign Trade Zone
Foreign Trade Zone is a physically secure area in the United States but legally outside the US customs territory. The goods in the Foreign Trade Zone are not considered imported into the United States until they leave the zone. Foreign goods may be used to produce other goods within the zone for export without payment of import duty. The zone is limited in scope and operation under the approval of the Council of Foreign Trade. The zone is generally near the port of entry, and may be inside the importer's warehouse.
References
External links
- US. Customs and Border Protection (CBP)
Source of the article : Wikipedia