Proper valuation is necessary to correctly calculate Customs duties, taxes, and fees. Come join us as we discuss different value calculation methods, related-party transactions, and how to document your work so that you’re prepared for any questions that might arise.
Routed Export 2023
Routed Export 2023
July 3, 2023/
Know Your Role:
A routed export transaction (RET) occurs when the foreign buyer of the goods contracts with a freight forwarder or other agent to export the merchandise from the United States. In this webinar we'll explain the differences between routed and standard exports along with providing guidance on your role and how to properly avoid risk during a routed export transaction.
Resources
- Routed v Nonrouted Export Slides
- BIS - Export Compliance Guidelines
- Title 15 of the Code of Federal Regulations
- Census – Automated Export System (AES)
- Census – Outreach, Education, and Training
- Census – Understanding Routed Export Transactions
- Customs – ACE Exports Data Dictionary
- BIS – Export Management and Compliance Program (EMCP)
Topics Include:
- The ins & outs of RETs
- The role of US agents
- Processes & risk avoidance
- Forms required
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