What Is The Difference Between A Bonded And Non-Bonded U.S. Highway Carrier (DIY Customs Consulting): Difference between revisions
Created page with "{{note|This article is part of the Customs Compliance Guide|info}} The main differences between a non-bonded and a U.S. bonded highway carrier is where U.S. bound shipments can be released. A non-bonded carrier must release all shipments at the first point of entry in the United States. A bonded carrier is licensed to move freight through the U.S. or across the U.S. without having to pay duties, taxes and/or fees on those good..." |
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{{note|This article is part of the [[Customs_Compliance_Guide_(CBP_and_CBSA)|Customs Compliance Guide]]|info}} | {{note|This article is part of the [[Customs_Compliance_Guide_(CBP_and_CBSA)|Customs Compliance Guide]]|info}} | ||
The main differences between a non-bonded and a U.S. bonded highway carrier is where U.S. bound shipments can be released. A non-bonded carrier must release all shipments at the first point of entry in the United States. A bonded carrier is licensed to move freight through the U.S. or across the U.S. without having to pay duties, taxes and/or fees on those goods during that specific portion of their transportation and must post financial security with U.S. CBP. This includes the following: | {{#ev:youtube|xFy96Ff8fjY|960|center|What are the differences between a bonded and non-bonded highway carrier?}} | ||
[[Image:Cbp-form-301-bond-application.jpg|250px|thumb|right|A CBP Form 301 Customs Bond Application]]The main differences between a non-bonded and a U.S. bonded highway carrier is where U.S. bound shipments can be released. A non-bonded carrier must release all shipments at the first point of entry in the United States. A bonded carrier is licensed to move freight through the U.S. or across the U.S. without having to pay duties, taxes and/or fees on those goods during that specific portion of their transportation and must post financial security with U.S. CBP. This includes the following: | |||
* Transiting through the U.S. (that is, using U.S. as a corridor, for example Canada through the U.S. back to Canada) | * Transiting through the U.S. (that is, using U.S. as a corridor, for example Canada through the U.S. back to Canada) |