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US In Bond Manager Guide (CBP): Difference between revisions
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== Introduction == | == Introduction == | ||
New regulations were announced by CBP in 2017 concerning electronic reporting of In-Bond shipments.<ref>https://www.federalregister.gov/documents/2017/09/28/2017-20495/changes-to-the-in-bond-process</ref> These regulations were enforced on July 29, 2019.<ref>https://content.govdelivery.com/accounts/USDHSCBP/bulletins/24effce</ref> | |||
Currently, carriers with an In-Bond shipment can present a paper 7512 copy of the in-bond to CBP at the destination port, and officers will arrive and/or export the in-bond for the carrier. This "closes" or "cancels" the in-bond out, completing the bonded movement and making sure the carrier doesn't get penalized for an overdue in-bond. | Currently, carriers with an In-Bond shipment can present a paper 7512 copy of the in-bond to CBP at the destination port, and officers will arrive and/or export the in-bond for the carrier. This "closes" or "cancels" the in-bond out, completing the bonded movement and making sure the carrier doesn't get penalized for an overdue in-bond. | ||