Recently it seems to be a trend in import of Classic cars, or it just happens that Packair is getting more share of the classic car imports to process through CBP – U.S. Customs & Border Protection.

Assisting on Importing classic cars came our way as I found how average brokers are reluctant to get involved and flatly refuse to assist the importer for lack of knowledge on the part of Customs Broker as simply avoiding risk.

I believe importing vehicles in all is misconstrued as risk taking. Classic cars unlike importing non-conforming vehicles, the risk for importing these cars are almost nonexistent.

The risk may exists in their financial aspect of transaction between the seller and buyer of the cars being sold for tens of thousands of dollars, or if not in millions of dollars. Many of these classic cars are priceless, and what determines the price is beyond my comprehension, but among automobile enthusiast they are priceless collections.

One thing we promise is that we can clear and deliver by having the know how to import these classic cars smoothly without any hitches.

Super Classic Cars Import and Customs Bond Requirement

Primary problem faced with Import of high value classic cars is associated with Customs Bond, which most Surety will not approve to underwrite a single transaction bond.

Any ignorant Customs Broker will write, or attempt to write a Bond for three times the value of the car stating it as OGA – Other Government Agency siting EPA & DOT requirements. EPA does not require a Bond on these classic vehicles, however only necessitated by the Customs process of filing a Formal Entry, in which the car owner will need Customs Entry Form CF7501 to be able to register the car in the U.S. within one year.

So if you have a solution to the Bonding requirement, you have the market because these vehicles older than 25 years old are exempt from EPA emission standard requirement as well as no standard of conformity requirement with DOT.

We have tapped into this market starting with 1960′s Jaguars, and then steady flow of classic Alfa Romeos, and super classic Ferrari 275GTB, which exchanged hand for a cool $1,300,000

We regularly assist nonresident importer to bring their personal cars to drive in the U.S.

Canadian residents under work contract in the U.S. are arriving here with their car to be registered.

We even assist importing MRAP! If you don’t know what MRAP is, just Google it!

If you want to import a non-conforming vehicle, contact Packair for an advise.

In any case please call in advance prior to importing any type of vehicle into the U.S. for our free advise and consultation.

Packair-It!

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Iowa seeks export success in China
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We exported more than $7 billion in agricultural products last year. Iowa exports to China alone grew by 1300 percent between 2000 and 2010. Iowa leads the nation in soybean production, with 466 million bushels produced in 2011, or 15 percent of the US …
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Last week was monumental for American farmers. Under the new US-Korea trade agreement, two-thirds of the tariffs imposed on US food and agricultural products exported to South Korea are being eliminated. That includes wheat, corn, soybeans for crushing …
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 On Thursday, March 15, 2012, the US-Korea Free Trade Agreement was implemented in both the U.S. and Korea. While the agreement has generally gone by the acronym KORUS, documentation from Customs and Border Protection (CBP) refers to it as the UKFTA. The final text of the agreement can be found at US – Korea FTA Final Text. Implementation was triggered by Presidential Proclamation 87873 issued on March 6, 2012. Interim regulations were published in the Federal Register on March 19, 2012. See KORUS Interim Regulations.  by Susan Kohn Ross

In a March 12, 2012 memorandum, CBP’s Headquarters provided the needed guidance to its staff and the trade community about claims filing under this free trade agreement at CBP Guidance re KORUS. The updated system programming is not expected to be completed until March 21, but claims can nonetheless already be filed.

As with all the other free trade agreements to which the U.S. is a party, certain rules of origin must be met and proper supporting documentation must be in hand making clear how the good qualifies for the FTA benefits being claimed. The KORUS provisions are in General Note 33 of the Harmonized Tariff. A good must be shipped directly from one country to the other. Any stops in a location other than the U.S. or Korea for anything other than unloading, reloading, or other processes needed to preserve the condition of the good will disqualify the shipment from KORUS benefits. If you use non-U.S. or non-Korean components or raw materials in making your goods, there is a de minimis provision of ten (10%) percent of the value, and for textiles the rule is ten (10%) percent by weight. For textiles and apparel, in general, qualifying goods must be yarn forward, meaning the yarn was made in either the U.S. or Korea. For the yarn itself to qualify, the fiber must made in the U.S. or Korea. There are, of course, exceptions and special rules, some for commodities and others for specific circumstances. As with all the other FTAs to which the U.S. is a signatory, KORUS-eligible goods are exempt from the merchandise processing fee.

Each shipment must also be accompanied by a certificate of origin. While there is no specific form to use, traders are reminded that the contents of the certificate of origin should contain the following: the name and address of the importer, exporter, and producer; a description of the good; its tariff classification; the preference criteria relied on (based on your rule of origin analysis); if not a blanket certificate, the commercial invoice number; if a blanket certificate, identification of the effective period, not to exceed 12 months; and it must be signed.

The certificate of origin must also include the following language:

I certify that:

The information on this document is true and accurate and I assume the responsibility for proving such representations. I understand that I am liable for any false statements or material omissions made on or in connection with this document;

I agree to maintain and present upon request documentation necessary to support these representations;

The goods comply with all requirements for preferential tariff treatment specified for those goods in the United States-Korea Free Trade Agreement; and

This document consists of ___ pages, including all attachments.

The signature line follows and must include the signature, title, and company name, along with the person’s telephone, fax, and email address. Make sure the title of the person signing denotes job responsibilities sufficient for him/her to have the necessary knowledge to be able to provide a proper certification. A title such as “shipping clerk” would not be valid for these purposes. The signatory should be an officer, director, or manager, and some inquiry beyond title may be in order to verify his/her personal knowledge of these matters. Does the Sales Manager really know about raw materials sourcing? Who may be better qualified and more appropriate to sign on behalf of the company?

A tool is available to further assist American traders and was set up by the U.S. Trade Representative’s office. The Free Trade Agreements Tariff Tool is available at USTR FTA Tariff Tool.

International traders are reminded the customs authorities in both countries have the right to verify any claims made. Given the frequency with which investigations of claims involving other FTAs are being pursued, and penalties for unsupported claims are being imposed, it is reasonable to expect the same level of scrutiny will be applied to KORUS claims. Those planning to make KORUS claims are encouraged to include any additional documentation relative to the particular goods you are shipping to accurately and comprehensively support such claims.

Late-Filing Consequences Going Up

CBP has apparently decided that, if you file your petition late, the late-filing penalty should be increased for liquidated damages claims. The surety industry has publicized the likely penalties. Under the old formula, the late-filing penalty was based on the mitigated damages amount. In the new formula, it will be based on the amount of the original liquidated-damages assessment. Further, if the petition is more than 180 days late, it will be rejected and the original assessment will stand. CBP is currently discussing this change with the trade, but it may be only a matter of time before the new formulas are published as official mitigation guidelines.

FDA Update

Recently, management at the Los Angeles-area FDA office discussed a number of items in briefing the local trade community. Of note was a comment about close ties with the Los Angeles City Attorney and the Orange County District Attorney, as opposed to the Department of Justice (Justice). There is no doubt FDA works closely with Justice, but many of the current prosecutions are being pursued by local, not federal, prosecutors. This is likely the result of a combination of factors. For example, Justice is short-staffed and overwhelmed with more traditional cases (e.g., money laundering, drug-related crimes, burglary, etc.). In addition, there is a real interest on the part of local politicians to protect the public. These comments by FDA’s staff puts traders on notice that prosecutions are no longer limited to the “big” cases traditionally handled by Justice, but rather will include all sorts of cases now being pursued by local authorities.

Since the issuance of the previous notice, C-TPAT has learned that the tamper evidence element of the ISO 17712:2010 requirements (Clause 6) cannot be met. To date, no accredited independent laboratories have been willing to test and certify seals as complying with the tamper evidence requirement. Consequently, C-TPAT has determined that implementation of the new standard is not viable by the March 01, 2012 deadline.

C-TPAT has also become aware that the ISO is working to amend ISO 17712:2010 to address the issue with this standard. Therefore, implementation of the new ISO 17712:2010 standard for mechanical seals will be delayed until C-TPAT receives definitive information that ISO has resolved this issue. C-TPAT partners will be advised when the ISO has resolved the tamper evidence issue with the ISO 17712:2010 standard.

Since the ISO 17712: 2010 (18 mm) certification for high security seals is attainable without the Clause 6 testing portion of the standard, C-TPAT encourages partners to buy seals that meet this part of the standard. If C-TPAT companies decide to transition to seals that meet this portion of the new ISO standard, they should request documentation to confirm that the purchased seals comply with the current testing requirements for ISO 17712: 2010 (18 mm) certification.

 Items shipped via ground transportation require  a National Motor Freight Traffic Association Inc. classification, which is based on precisely what you’re shipping.  For instance, below the engine pictured above is a circuit breaker. If you classify this as “aircraft parts”, class 150 it will cost nearly twice what you would pay to move it as a circuit breaker—class 77.5.  A tire on the engine stand, below right, would  be class 70.

 “By consulting with our staff in advance Packair can assist in the proper method to achieve the best bottom line pricing”

“Just a note you cannot dual rate one carton, might be a little miss leading……”, thought to offer that point…

Information is the key to better pricing. Give us enough information and our rates will be as good as our service! Give us a call, we’re here to help!

What is an ATA Carnet?

In a nutshell, a carnet is a passport for cargo temporarily leaving and entering a country.

If your company is participating in a tradeshow in another country, you want to take your booth, product samples, etc. , all those items that you will both take with you and bring back may be listed on an ATA Carnet, (cargo passport), thus making it possible to bring them in and out of the country you are visiting without paying duties and taxes, as long as that country is participating in the program. If the product you are demonstrating is a printer, extra ink and paper would not qualify, they are expendable. Or if you’ve been contracted to install a sophisticated communications system in Morocco, you will have tools and possibly specialized vehicles you need to take to the job site, and the job could take 9 months to complete what are your options?

You have up to a year to export and return these items from the country you’re visiting. Packair provides urgent ATA Carnet processing service to get it prepared and registered within a day!

Packair provides ATA Carnet service for our clients in the film industry—camera and grip equipment, wardrobe, etc., for animal actors, for companies sending equipment to trade shows, and much more. Don’t hesitate to contact Packair to find out if your shipment qualifies and if the country you’ll be visiting is a Carnet participating country. Our experts are at your service.

Packair-It!

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