Ebook Export/import procedures and documentation (5/E): Part 2
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Ebook Export/import procedures and documentation (5/E): Part 2
Part IIỉImporting: Procedures and Documentation216Chapter 6Importing: Preliminary ConsiderationsBefore beginning to import, and on each importation, t Ebook Export/import procedures and documentation (5/E): Part 2the imporrer/buyer should consider a number of preliminary matters rhar will rruke a great deal of difference in smooth and efficient importing.A.ProductsBefore actually importing, or whenever the importer is considering importing a ttew ilcin, lite eliaruclcrisltes of dial item should Ik- reviewed. Ebook Export/import procedures and documentation (5/E): Part 2 Is rhe product being imported *s a raw material or component tn he used in rhe manufacturing process? Is it a finished product rhar is going to he reEbook Export/import procedures and documentation (5/E): Part 2
sold in rhe form imported or with some slight or significant modification? Is it a replacement or spare parr? Is rhe item sold singly or as a purl of Part IIỉImporting: Procedures and Documentation216Chapter 6Importing: Preliminary ConsiderationsBefore beginning to import, and on each importation, t Ebook Export/import procedures and documentation (5/E): Part 2iate titelliods of uunuíácliuŨỊg and marketing, lite appropriate purchase and import documentation, lite appropriate procedures for importation, and rhe treatment under U.S. law. including U.S. customs law. will depend upon these considerations (for example, whether or nor rhe product may he importe Ebook Export/import procedures and documentation (5/E): Part 2d duty-free or what rhe correct classification and duty will he).In addition to the general procedures and slocumcnis, some products arc subject to spEbook Export/import procedures and documentation (5/E): Part 2
ecial impost restrictions, permits, licenses, standards, and/or prsxcdures. There include foods, drugs, cosmetics, olcolsolic beverages, lea, medical Part IIỉImporting: Procedures and Documentation216Chapter 6Importing: Preliminary ConsiderationsBefore beginning to import, and on each importation, t Ebook Export/import procedures and documentation (5/E): Part 2 including toys and hooks, products containing phrhalare-s. wood products, ethyl alcohol, master records and matrices. There are a number of products that are prohibited from importation, such as wliilc or yellow plsospliotous matches; certain fireworks: "cultural property"; switchblades; lottery ti Ebook Export/import procedures and documentation (5/E): Part 2ckets; most endangered species; African ckphant ivory and articles; counterfeit articles; treasonable or obscene material; and products ol child and fEbook Export/import procedures and documentation (5/E): Part 2
orced labor.The Bureau of International Labor Affairs, a division of the Department of Labor, keeps a list of products which it has reason to believe Part IIỉImporting: Procedures and Documentation216Chapter 6Importing: Preliminary ConsiderationsBefore beginning to import, and on each importation, t Ebook Export/import procedures and documentation (5/E): Part 2s to conduct additional research of their supplier and to verify that their imported products are not made using child or forecd labor. If Customs has reason to believe, cither on its own or having received information from outside Customs that it believes has validity, it will open an investigation Ebook Export/import procedures and documentation (5/E): Part 2 of the imported merchandise and require else ports to withhold release of the goods. Customs will schedule publication in the Federal Register noticeEbook Export/import procedures and documentation (5/E): Part 2
that the goods will not be admitted. The importer must provide proof as the admissibility of the merchandise within three months. This means that thePart IIỉImporting: Procedures and Documentation216Chapter 6Importing: Preliminary ConsiderationsBefore beginning to import, and on each importation, t Ebook Export/import procedures and documentation (5/E): Part 2or Origin by the foreign seller or owner of the article. As most importers know, foreign sellers may be willing to sign documents that are not accurate, so it behooves an importer to obtain third-party verification as to the accuracy of the statements made on lhe Certificate of Origin. If by the end Ebook Export/import procedures and documentation (5/E): Part 2 of the three months, the importer has not been able to prove the allegations, tile merchandise will be considered prohibited and the Federal RegisterEbook Export/import procedures and documentation (5/E): Part 2
notice will be published, lite merchandise may be exported customs will seize the merchandise. Probably lite worst consequence of importing goods subPart IIỉImporting: Procedures and Documentation216Chapter 6Importing: Preliminary ConsiderationsBefore beginning to import, and on each importation, t Ebook Export/import procedures and documentation (5/E): Part 2olumewhat is lite expected volume ol imports ol the product? Will this be an isolated purvliasc OÍ a small quantity or an ongoing scries of transactions amounting to substantial quantities? Small quantities may be imported under purchase orders and purchase order acceptance documentation. Large quan Ebook Export/import procedures and documentation (5/E): Part 2tities may require more formal international purchase agreements: more formal methods of payment; special shipping, packing, and handling procedures;Ebook Export/import procedures and documentation (5/E): Part 2
an appointment as rhe U.S. sales agent and/or distributor from rhe foreign exporter: or coiiuuiuiteiiis lo perform after-sales service. (See lite discPart IIỉImporting: Procedures and Documentation216Chapter 6Importing: Preliminary ConsiderationsBefore beginning to import, and on each importation, t Ebook Export/import procedures and documentation (5/E): Part 2e products that rhe importer is seeking to purchase. if lite importer seeks lo import a taw material or natural resource, lite importer may be limited to purchasing ftotu tlsosc countries where such products are grown or milled. If lite importer is looking for a manufactured product, it is likely di Ebook Export/import procedures and documentation (5/E): Part 2al lite number ol countries where such products are available for sak- will be much greater; however, identifying dsc low-cost countries based upon prEbook Export/import procedures and documentation (5/E): Part 2
oximity lo raw materials, labor costs of manufacturing, current exchange rates with rhe United States, or transportation costs may require considerablPart IIỉImporting: Procedures and Documentation216Chapter 6Importing: Preliminary ConsiderationsBefore beginning to import, and on each importation, t Ebook Export/import procedures and documentation (5/E): Part 2gularly collect such information and make it available lo U.S. companies wishing lo import. Importer? will probably have to contact foreign govcrmiteiits directly (or through their U.S. embassies and consulate?), foreign chambers of commerce, and foreign trade associations. Sometimes, foreign hanks Ebook Export/import procedures and documentation (5/E): Part 2operating in rhe United Stares, U.S. accounting firms or law firms rhar have offices in rhe foreign country, or U.S. hanks with offices in rhe foreignEbook Export/import procedures and documentation (5/E): Part 2
country can he helpfill in supplying information. The United Nations publishes irs ỉntrrnatiữnai Trade Statiiivx Yearbook showing whar countries are Part IIỉImporting: Procedures and Documentation216Chapter 6Importing: Preliminary ConsiderationsBefore beginning to import, and on each importation, t Ebook Export/import procedures and documentation (5/E): Part 2are c-ligibk- for duty-free or reduced duly treatment under lite any of lite numerous free trade agreements, including tlsosc with Australia, Bahrain, Chile, Morocco, Oman, and Singapore or Ollier program that are designed to encourage the growth ol underdeveloped countries, such as rhe Generalized Ebook Export/import procedures and documentation (5/E): Part 2System of Preference*, rhe African Growth and Opportunity Act or others. Under rhe U.S. Foreign Assets Control Regulations, importation from Cuba. IraEbook Export/import procedures and documentation (5/E): Part 2
n. North Korea. Sudan, and Syria is prohibited without a license or approval from the Department ol tlte Treasury (with a general policy of denial), aPart IIỉImporting: Procedures and Documentation216Chapter 6Importing: Preliminary ConsiderationsBefore beginning to import, and on each importation, t Ebook Export/import procedures and documentation (5/E): Part 2 the United State* only from or to countries participating in the Kimberly Process Certification Scheme, it should also be noted that importers are prohibited from making or receiving any hinds, goods, or services from parties that arc identified in the Specially Designated Nationals List who ate sp Ebook Export/import procedures and documentation (5/E): Part 2onsors of terrorism, narcotics drug trafficking, OI the proliferation of weapons of mass destruction (see Clraptcr 5, Section E).Đ. Identification ofEbook Export/import procedures and documentation (5/E): Part 2
SuppliersOnce the countries with the products available for supply haw been identified, of course, the importer still needs to identify a specific supPart IIỉImporting: Procedures and Documentation216Chapter 6Importing: Preliminary ConsiderationsBefore beginning to import, and on each importation, t Ebook Export/import procedures and documentation (5/E): Part 2 has poor product quality control will certainly result in disaster for the importer. The importer should spend a significant amount of time in evaluating rhe potential supplier if there are going ro be ongoing purchase transactions. The importer should ascertain rhe business reputation and performa Ebook Export/import procedures and documentation (5/E): Part 2nce of rhe potential supplier. If passible, rhe importer should inspect rhe plant and manufacturing facilities of the supplier. The importer should deEbook Export/import procedures and documentation (5/E): Part 2
termine whether there are other customers within its own country who might he able to confirm rhe quality and supply reliability ol tlx- potential supPart IIỉImporting: Procedures and Documentation216Chapter 6Importing: Preliminary ConsiderationsBefore beginning to import, and on each importation, t Ebook Export/import procedures and documentation (5/E): Part 2n wlxiltcr else supplier lias already appointed (on c'idscr an exclusive or a nonexclusive buses) other U.S. distributors or sale.s agents. The importer should also determine if a supplier is acting as an agenr for rhe manufacturer or if rhe supplier will he acting as rhe buying agenr for rhe buyer. Ebook Export/import procedures and documentation (5/E): Part 2 If rhe latter, rhe buyer should enter into a separate agency agreement and pay all commissions separately, since the importer need not pay customs duEbook Export/import procedures and documentation (5/E): Part 2
ties on buying commissions but must do so on commissions paid to the seller's agent.Once potential suppliers have been identified, if an ongoing relatGọi ngay
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