Part 3: Recordkeeping
Recordkeeping
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19m
Customs regulations mandate specific retention periods for various records. Drawback records must be kept for three years, while packing lists are retained for 60 days. Certain documents require five years of maintenance, and power of attorney must be held until revoked or for five years post-revocation. Client confidentiality is crucial, and records of terminated employees need to be specified within 30 days. Exceptions exist, such as a two-year rule for small imports.
#Code of Federal Regulations (CFR) Title 19
#Part 111
#Part 163
Up Next in Recordkeeping
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Part 4: Recordkeeping
Bonded warehouse regulations mandate a five-year record retention from the last merchandise withdrawal. Specific rules detail withdrawal entry types and highlight the need for accurate record-keeping. Customs brokers must inform authorities about alternative record storage methods while ensuring ...
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Part 5: Recordkeeping
Confidentiality regulations require that records remain private unless shared with customs officials or through a court order. Client consent can also permit disclosure. Compliance with regulations is crucial to avoid penalties.
#Code of Federal Regulations (CFR) Title 19
#Part 111
#Part 163 -
Part 6: Recordkeeping
Licensed customs brokers must keep records for five years and can only destroy them after their obligation ends. They have a duty to disclose records during audits while maintaining confidentiality. Brokers should be aware of their responsibilities and exceptions regarding record keeping. Records...
