Penalties vs. Liquidated Damages - Understanding the CBP FP&F Process Webinar
NEI is hosting this webinar. You can obtain 1 CCS/MCS credit.
In FY 2022, CBP issued over 2,000 trade penalties, and over 18,000 liquidated damages claims. This session will provide an overview of how to distinguish between a penalty and liquidated damages claim and how to successfully navigate the U.S. Customs Fines, Penalties, and Forfeitures (FP&F) process.
We will cover:
- Penalty vs. Liquidated Damages Claim
- Common Penalties
- Common Liquidated Damages
- A practical approach on how to successfully navigate the CBP FP&F process.
- Real life examples
