Upcoming NEI Webinars
- CBP Customs Bond Sufficiency and Increased Tariffs
October 9, 2018
1:00 p.m. to 2:00 p.m. ET
Due to the additional duties assessed for merchandise subject to Section 232 and 301 tariffs, properly calculating the amount of a continuous import bond has never been more important. These additional duties must be factored into the calculation of the bond amount on a rolling 12-month time period. CBP is issuing more mandated increase notices than ever before, causing importers only 15 days to react. In some cases, multiple notices are issued for the same importer month after month because that importer is not properly projecting its anticipated duties. Multiple bonds in one year, let alone higher bond amounts, mean greater liability for the importer and often greater scrutiny by the surety company underwriting the bond.
Join this important webinar, moderated by Colleen Clarke, Vice President Surety Trade Relations & Business Development, Roanoke Insurance Group Inc. , to hear experts from CBP's Revenue Division provide useful tips on how to help your importer clients obtain the proper bond amount.