1. The Entry Process for Imports
Chapter 18
The Entry Process for Imports

2. Entry of Imports
Entry is the act of filing the necessary documentation with customs to secure release of imported merchandise.

3. Accrual of Duties on Imports
On arrival of the vessel
Arrival of merchandise

4. Who May Import the Goods?
Owner
Purchaser
Authorized regular employee
Licensed customs broker

5. Documentation Required
to Enter Merchandise
Entry manifest
Commercial invoice
Pro-forma invoice
Packing list

6. Release of Merchandise
Complete entry
Payment of estimated duty and release of merchandise
A bond must be posted before filing the entry summary to guarantee duty on final assessment
Bonds by a U.S. surety company or a U.S. resident/citizen

7. Liquidation and Protests
Liquidation: Liquidation is the final ascertainment of the duties and drawback accruing on an entry by customs.
Protests:
Courts of
Appeals for the
Federal Circuit
Supreme
Court
CIT
Director

8. Harmonized Tariff Schedule of the United States (HTSUS)
Is a commodity description and coding system that is used by many countries
Classifies goods according to their essential character

9. Customs Valuation Customs valuation (Tokyo Round)
Appraisal of merchandise based on:
Transaction value (invoice value)
Deductive value (resale price of an imported item with certain deductions)
Computed value (costs of materials, overhead + profits + general expenses)

10. Rules of Origin and Other
Marking Requirements
Marking requirements: - Every imported article must be legibly marked with the English name of the country of origin unless otherwise indicated.