Justice: Alexis LLC Settles with U.S. Government Over Allegations of Underpaying Customs Duties on Imported Apparel

Justice: Alexis LLC Settles with U.S. Government Over Allegations of Underpaying Customs Duties on Imported Apparel

The US is resolving a civil suit by settling with Alexis LLC, a womenswear company, for underpaying customs duties on imported apparel. This is not an admission of liability by Alexis. It resolves claims that they violated the False Claims Act by misreporting to CBP the value of apparel, avoiding the full customs duties.

Read More

Related Posts

CBP: Trade Compliance Partners Can Now Use FTZs for Goods Subject to Forced Labor Action

A new benefit for CTPAT has been implemented! Importers who are CTPAT Trade Compliance partners in good standing may utilize an FTZ for storage of goods subject to potential forced labor action. Read More

OFAC: New Rule Extends Retention Period to 10 Years

Office of Foreign Assets Control published an interim final rule changing recordkeeping requirements for certain transactions from 5 to 10 years. That’s consistent with the OFAC statute of limitations. This will be in effect March 12, 2025. Comments can be made up to October 15, 2024. Read More

Justice: Couple Charged in Alleged Scheme to Provide Services to Sanctioned Russian Broadcaster and Launder Funds, Including Ties to Sanctioned Oligarch

Virginia couple allegedly conspired to provide services to and receive money from a sanctioned Russian broadcaster (Channel One Russia), and then launder the funds. Both members of the couple are charged with one count of violating the IEEPA, one count of conspiring to violate it, and one count of conspiracy to commit international money laundering….

BIS: Enforces New Controls on Critical and Emerging Technologies, Targeting Quantum Computing, Semiconductors, and Advanced Manufacturing

Bureau of Industry and Security published an interim final rule implementing controls on critical and emerging technologies, things like quantum computing, advanced semiconductor manufacturing equipment, gate all-around field-effect transistor tech, and additive manufacturing. Read More