Ocean Importers: Importer Security Filing (ISF) Update
U.S. Customs and Border Protection (CBP) released CSMS#16-000499 informing the trade community that:
For shipments that are on the water on or after June 30, 2016, CBP ports will no longer be required to send requests for liquidated damages (LD) claims to Headquarters for review, and the “three-strikes” approach to LD claims against importers’ bonds will also end. There is no change to cargo holds for ISF non-compliance; ports may hold cargo instead of (or in addition to) initiating LD claims.
What does this mean? The local port can now issue penalties and liquidated damages at their own discretion. Warnings will no longer be issued.
Flegenheimer International would like to remind our importers and their shippers to send us the ISF/10+2 form no later than 48 to 72 hours prior to their container being loaded onto the vessel in the country of origin. As part of our outreach, we also monitor the timeliness of your ISFs. We run a report once a month and notify you if you have been sending us late ISFs.
Thank you for your support,
Flegenheimer International
To read the full CSMS Message, please click the link below: