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.
BIS: Streamlight Faces Civil Penalty for Antiboycott Violations
BIS: Streamlight Faces Civil Penalty for Antiboycott Violations
September 5, 2024/
Bureau of Industry and Security announced a civil penalty against Streamlight (manufacturer or portable lighting products) to resolve violations of antiboycott provisions. Streamlight filed a VSD, cooperated, and implemented remedial measures. In 2019, they participated in a Bahrain trade show. The logistics provider required that Streamlight give them a packing list certifying that the goods were not of Israeli origin and not manufactured by a company on the Israeli Boycott Blacklist. Giving that information is illegal under 15 CFR 760.2.
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