x Does your business have shipments that need to be exported and imported into the US market and want to know what ISF is?
Why is an ISF declaration required? x You are not familiar with the procedures and process of declaring ISF, what content should be included in the ISF declaration?
x You have problems with paperwork, or don't have experience, so you file your ISF late, declare your ISF incorrectly and wonder how much the penalty for late declaration is?
Importer Security Filing (ISF) is also known as 10+2 rule. Next, Proship.vn will quickly answer what the term ISF is, what information needs to be declared on ISF in import and export, how much is the penalty for late declaration of ISF, and how to declare ISF. exactly,…
What is ISF in import and export?
The United States is one of the countries with the strictest security systems in the world, so the policy of controlling imported goods is also very strict. Businesses that want to import goods into the US market need to pay attention to the ISF declaration to ensure a smooth customs clearance process. But many businesses still do not really understand this procedure.
What is ISF? ISF declaration - Required procedure before shipping goods to the US. ISF (Importer Security Filing) is a security declaration for importers when importing goods into the United States.
ISF 10+2, is a record required by CBP to record import information and details, as shipments travel from one point to another.
Importers who incorrectly declare ISF or do not declare ISF before their goods depart from the transshipment port of departure to the US (mother ship) can be fined up to 5,000 USD.
The ISF must be filed and matched at least 24 hours before the goods board the mother ship at the transshipment port of departure to the US. For goods going directly (for example going directly from Hai Phong to Long Beach), this deadline is 24 hours before the ATD in Hai Phong.
What information is needed for ISF declaration?
What is ISF in import and export has been answered by Proship. In general, declaring ISF is not too complicated.
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Information from shipping companies
Information from shipping lines is an important part of the ISF declaration process. The following is the information needed from the shipping company:
- Shipping company name: Name of the freight company;
- Ship/flight number: Identification number for ship/flight transporting goods;
- Expected date of arrival: Expected date of ship/flight arriving at a US port;
- Port of origin and port of arrival: Information about the port of origin of the goods and the port of arrival in the United States.
Information from importers or suppliers
Information from the Importer or Supplier is an important part of the ISF declaration process:
- Name and address of the importer: Personal information or company information of the importer;
- Name and address of exporter: Information about the exporter or supplier of goods;
- Goods description: Detailed description of goods including type, product code, quantity, weight, value and other related information;
- Consignment/cont number: Consignment number or container number that needs to be provided;
- Additional information: Other information may be required such as information about packaging units, size, number of containers and information about other related parties.
The above information needs to be provided during the ISF declaration process to ensure the import of goods is carried out correctly and in compliance with US government regulations.
>>See more: What is Fulfillment?
In case of late declaration or failure to declare ISF, what is the penalty?
If ISF records are inaccurate or incomplete, CBP may refuse to issue an unloading permit or take the goods altogether.
If such goods are unloaded without CBP's permission, they may seize the goods. In that case, the “Do not load” order will be applied to this goods.
US Customs has divided different penalties for errors in ISF declaration as follows:
- Failure to submit ISF: $5,000 / shipment;
- Late ISF submission: $5,000 / shipment;
- Incomplete ISF submission: $5,000 / shipment;
- Unable to withdraw ISF: $5,000 / shipment;
- Mismatch between ISF records and bill of lading: $5,000 / shipment.
This is only a reference Proship fee, there may be slight adjustments from time to time. If you need to know details, you can contact Forwarder/Logistics Services companies to be provided with timely, updated information.
Step-by-step process to quickly declare ISF
What is the ISF declaration process? Can the process change according to US Customs regulations? Then the answer here is YES. Before declaring, you should check the latest process on CBP's official website.
Below are the steps to declare ISF according to the current process:
Step 1: Collect necessary information
Collect information from the importer, exporter and information from the shipping company.
Step 2: Use the ISF declaration system
Use the ISF declaration system provided by CBP or ISF declaration applications and software from customs brokers.
Step 3: Fill in information in the declaration fields
Fill in the collected information to fill in the declaration fields on the system or software.
Step 4: Check, send and store information
After filling in the information, check it thoroughly to make sure there are no errors or omissions. Once you have completed filling in the information and checking it, you can send the ISF declaration and store a copy to provide to relevant parties when needed.
What is ISF , what is the content declared on ISF in import and export, how to declare the fastest Importer Security Filing with the latest updated ISF declaration form. Proship Logistics is one of the safest sea freight shipping units to the US with the best low rates on the market. If you need to use the service, contact us immediately at 0909 344 247 .
