Wow! It has really happended! The long awaited (highly dreaded (not by TRG)) ISF regulation has come into effect. This past Tuesday Customs announced the passing of Importer Security Filing.
However, we still have time get you up and filing! GOOD NEWS!
As Rich DiNucci, Director of the Secure Freight Initiative at CBP has repeatedly stated during the Importer Security Filing (ISF) Public Outreach Sessions, "It's not about the penalties, it's about the data...we simply want compliance". In keeping with this level-headed approach to implementation, CBP has announced that the unenforced period will technically end today. However, importers with accuracy or timeliness issues can expect a Warning Letter or "light touch" from CBP for at least the next ninety (90) days. In other words, if your company is currently making a best faith effort to get the ISF filed accurately and timely, you need not worry about receiving a $5,000 penalty...for now.
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