Publication of Final Rule on ISF
01/16/2013 02:14 pm
Dear Valued Customer,
According to a Broker Power article on CBP’s regulatory Agenda, the Final Rule on ISF is expected in February of 2013.
CBP has indicated that ACE deployment for AMS and publication of the Final Rule needed to be in place before CBP could proceed with full enforcement of ISF and begin assessment of liquidated damages. With the Final Rule scheduled to be published in February 2013, liquidated damages for ISF could be on the near horizon. Through our involvement with the NCBFAA ISF Sub-committee, CBP continues to stress that there will be a CSMS message to the trade at least 30 days prior to full enforcement of ISF. CBP indicates enforcement efforts will focus initially on non-filers with repetitive and negligent errors.
If you have any questions please contact us at 305-471-8989.
Thank you for your continued support,