Like everything else in 2021, blame Corvid. Due to increased loss experience, there has been a customs bond rate increase effective May 1, 2021. The increase is losses is not […]
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New Form 5106 Importer ID Input Record Delays Customs Bond Filing
The CBP is requiring a new from 5106 (Importer ID Input Record). We cannot file a new customs bond until the 5106 has been accepted by CBP. The form 5106 […]
New form 5106 required by CBP
Customs and Border Protection (CBP) has announced an update to the 5106 form effective March 18, 2019. The new form is different than the previous 5106 form and now calls […]
What is a Customs Bonded Warehouse?
A bonded warehouse is an area of a warehouse that U.S. Customs controls. In this warehouse, imported goods can be stored without having to pay duties or fees for up […]