Report Options\u00a0<\/strong>– Liquidated, Unliquidated, Suspended, and All Entries.<\/p>\nTRG Entry Status report will include entry information such as:
\nEntry Date
\nImport Value
\nEstimated and Liquidated Duty
\nLiquidation Date<\/p>\n
Entry Detail Summary is accessed by clicking on the red Entry Number.<\/p>\n
Export TRG reports. Eagle Eye reports can be downloaded into Excel or Adobe pdf formats.<\/p>\n
Eagle Eye Value<\/h2>\n
Importers can obtain a list of entries to review duty, taxes, and fees. Unliquidated entries are an outstanding financial obligation to be anticipated. Suspended entries, those put \u2018on hold\u2019 until rulings are determined for final duty amounts, should be scrutinized. Suspended entries may require the future additional collection of duty upon liquidation and can take years to liquidate.<\/p>\n
Supplemental Duty Bills<\/h2>\n
Includes information on additional duty bills issued for anti-dumping or countervailing duty, change in classification (HTS), or miscellaneous fees or debit vouchers. A timely response is required to avoid national sanction.<\/p>\n
Bills may be issued for:<\/strong><\/p>\n\n- Anti-dumping or countervailing duty owed upon liquidated of entry<\/li>\n
- Classification or Harmonized Tariff Schedule (HTS) calculation differences<\/li>\n
- Miscellaneous \u2013 various fees, debit vouchers, etc.<\/li>\n<\/ul>\n
Eagle Eye Value –\u00a0<\/strong>It is recommended that each bill is reviewed for accuracy. If an Importer or their broker feels there is a reasonable argument against the additional duties demanded, a formal Protest (CF-19) must be filed within 180 days. Customs\u2019 decision on protests may take months or years to be processed.<\/p>\nPink invoices are sent via mail by Customs to importers every 30 days until the bill has been paid. It is recommended that bills are paid in full within the first month of receipt to avoid interest accrual. If protested and approved, the payment is refunded including interest to the Importer.<\/p>\n
Liquidated Damages Penalty<\/h2>\n
Liquidated Damages Penalty –\u00a0<\/strong>Liquidated Damages Penalty Notices are issued by Customs\u2019 port office of Fines, Penalties and Forfeitures. They can carry extremely high fines! These are time-sensitive and require resolution of noncompliance along with petition or payment, or both. Failure to comply will result in bond termination and may affect an Importer\u2019s compliance rating. Moreover, violations can alert Customs to initiate heavy scrutiny of all entries.<\/p>\nA penalty notice may be issued for any Code of Federal Regulation or United States code violation.
\nCommon violations include:<\/p>\n
\n- Failure or untimely payment of duty or entry paperwork<\/li>\n
- Failure or untimely electronic filing of ISF<\/li>\n
- Non-compliance with FDA refusal of goods or redelivery requirements<\/li>\n
- Non-compliance with carrier bonded merchandise in transit requirements<\/li>\n<\/ul>\n
Eagle Eye Value –<\/strong> Timely and complete resolution of entry violations is more than handling an incident; it is a reflection of your overall business practices. Investigation of the source of a violation results in an opportunity to make improvements in supply chain management and increased efficiency. Successfully petitioned penalties have resulted in either complete cancellation of the penalties or by reducing fines up to 97%.<\/p>\nEagle Eye Claims<\/h2>\n
As surety agent for our clients\u2019 import bonds, Trade Risk Guaranty is routinely notified via Eagle Eye downloads about Supplemental Duty Bills and Liquidated Damages Penalty Notices issued by Customs against our clients\u2019 bonds.<\/p>\n
As part of our service to you, our Claims Department emails notification and an Eagle Eye Report of Supplemental Duty Bills or Liquidated Damages to importers so the obligation may be addressed in a timely manner. Our courtesy reports are a back-up to Customs\u2019 notices and reassurance that TRG is ready to help with resources and information to resolve matters.<\/p>\n
Our Claims Analyst reviews each report and is available to assist importers and their agents, broker, freight forwarder or attorney, by facilitating prompt and thorough resolution with U.S. Customs.<\/p>\n
Our goal is to provide each of our customers with a resource dedicated to helping to ensure smooth sailing in the world of importation!<\/p>\n
Watch the Webinar on How to Create an Account and Use the Eagle Eye Reporting System<\/h2>\n