Part 4: Recordkeeping
Videos of the Day
•
20m
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 confidentiality. Power of attorney documents require retention for five years after revocation, and brokers must maintain client confidentiality without disclosure.
#Code of Federal Regulations (CFR) Title 19
#Part 111
#Part 163
Up Next in Videos of the Day
-
Part 1: Country of Origin - General R...
Country of origin plays a vital role in import regulations, particularly in relation to duty rates and customs processes. The USDA is key in setting import restrictions for plant safety. Recently, the USDA lifted a ban on importing peppers from Spain, benefiting importers. The discussion highligh...
-
October 2021 Question 58 U.S. Customs...
Following CBLE question is the focus of this video:
Which of the following statements concerning customs valuation is FALSE?
A. Any rebate of, or other decrease in, the price actually paid or payable made or otherwise effected between the buyer and seller after the date of importation of the me...
