Incoterms: What’s Ruling Your Supply Chain?

Thursday, November 2, 2-3 p.m. EDT

Jenae Ciecko, President, Copper Hill Inc.

As an importer or exporter, you must agree with your trading partner on terms related to costs and other aspects of the delivery of the goods. It can be difficult to decide which Incoterms® are best for your supply chain.

Join Integration Point for a 60-minute webcast on the meaning of each term and where responsibility is placed both from a transportation and Customs perspective, as well as best practices to minimize risks and costs. From a buyer and seller perspective, President of Copper Hill Inc. Jenae Ciecko will discuss:

  • The pros and cons to each term
  • Risks associated with Delivered Duty Paid (DDP)
  • Uncertainties involving Ex Works (EXW)

A Q&A session will follow the webcast.

Want to learn more?

Free Educational Webcast:

Incoterms: What’s Ruling Your Supply Chain?

Thursday, November 2, 2-3 p.m. EDT

Presenter: Jenae Ciecko, President, Copper Hill Inc.

 Click Here to Register.


Free Integration Point Webcast

Preparing for Increased Anti-Dumping/Countervailing Duty Enforcement in the U.S.

 Thursday, October 12, 2-3 p.m. EDT

Wade Gerdemann, Founder and Chief at Newport Trade Services

Jeff Bensing, Principle at Mercor Consulting

The ongoing implementation by U.S. Customs & Border Protection (CBP) of enhanced Anti-Dumping/Countervailing Duty (AD/CVD) enforcement policies and procedures is having a direct impact on U.S. importer operations. These steps are an indication of the importance that the current U.S. administration places on prioritizing trade enforcement actions.

August Webcast Q&A Wrap-up

Presented by Denise Guzialek

Program Manager of Compliance Services, Copper Hill Inc.

 Q: ­Since you cannot flag Anti-dumping duty entries, what do you recommend for adjustments to value for entries with ADD? ­

A: I would recommend filing a Post Summary Correction (PSC).

Q: ­After you have been approved for RECON and you change Brokers, do you have to notify CBP again of the change? 

A: ­Yes.

Q: ­Are all RECON entries now filed with the CEE, if you have been approved to participate with a CEE? ­ 

A: If you are a “Center participate”, you will file your entries with your designated Center. If you are not a “Center participate”, you will file with your assigned reconciliation port.

Q: ­If some entries were not flagged for recon, and the entries have already been liquidated, then retro flagging cannot be done, what happens to the entries not flagged in error? ­

A: If you are in the time frame to do so, you can file a protest for the liquidated entries with Customs. 

Q: ­Please advise about rounding and extra digits after two cents/digits.­ 

A: Rounding can occur when data in your file is calculated using formulas. Submit values at a maximum of two decimals.

Q: ­I have 25 entries to fix from last year. How do I know which option to use: PSC or Reconciliation?

A: ­PSC would be the quickest, most convenient option.  Recon is best used if you are looking at filing a large volume of corrections.

Q: ­If there is only one line submitted incorrect, will the rejection occur just on that line or would the rejection occur on the whole recon submission? ­

A: The rejection occurs on the entry summary with a comment as to why the entry summary was rejected.

Q: ­If you track PSC's and do not submit until Recon and the subject entry has not yet liquidated--Recon data submitted will not match CBP data and will cause a rejection--yes? How do you effectively address that scenario? ­

A: The updated data in the PSC must be corrected in the Recon entry submission. You must make the appropriate changes in the entry data recon submission to reflect the changes made in the PSC.

Q: ­Would you recommend marking informal entries as formal entries for recon purposes? 

A: ­Yes, I would recommend this if, based on your entry data review, you have a high volume of corrections on previous informal entries.