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Showing posts from February, 2022

Recognizing what is Hidden

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I'll start off by recommending that the reader watches an excerpt from the movie "Men In Black". https://www.youtube.com/watch?v=K3hAVT2sDqQ  The main message is that things are not always what they seem to be. Within the realm of Customs Compliance, there are many aspects that tend to be "hidden" from view. There are many examples to think about: - HS Codes (I probably have already mentioned this in previous Blog posts, but it is worth repeating. HS classification is not right or wrong. It is less accurate and more accurate.) Having various experts review HS classification data may identify opportunities to improve on HS compliance that could result in duty refunds, or at times, additional duties owed. - Participating Government Agencies (PGAs) : Thinking of importing a product into a specific jurisdiction? Customs is not the only agency that may be reviewing the products entering the country. Very recently, I received a call about importing a "lotion...

Review # 2

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As we approach the Blog's one year anniversary, I thought it would be a good idea to initiate another Review of all the Blog postings to go over the topics discussed thus far. Welcome to Blog # 50 : "REVIEW # 2"! Thank you to all the readers and I look forward to another great year of Blogging!!! There are a variety of tasty treats on a charcuterie board. You can check it out on the August 10th, 2021 BLOG "All in the Presentation". https://customsandcooking.blogspot.com/2021/08/all-in-presentation.html Review # 2 February 3rd, 2022 Overage and Shortage https://customsandcooking.blogspot.com/2022/02/overage-and-shortage.html January 22nd, 2022 On your marks https://customsandcooking.blogspot.com/2022/01/on-your-marks.html January 16th, 2022 Leftovers https://customsandcooking.blogspot.com/2022/01/leftovers.html January 12th, 2022 Fasting https://customsandcooking.blogspot.com/2022/01/fasting.html January 4th, 2022 Guest https://customsandcooking.blogspot.com/202...

Overage and Shortage

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Inventory management is a key aspect of a supply chain. A distributor orders 10,000 units of their best selling item. When the shipment arrives in their distribution center, it is identified that 11,000 units were received.  Their database is updated to reflect the 11,000 units so that the sales team can access the entire inventory and not just the 10,000 units originally ordered. OR... When the shipment is received, it is identified that only 9,000 were shipped... What courses of action does this distributor take? I am almost certain that when it is identified that only 9,000 units were received, the distributor will be demanding a credit note from their vendor for those 1,000 units not received.  Similarly, there should be communication with the vendor when an extra 1,000 units "appeared" in the shipment! Let's look at it from a Customs (Canada Border Services Agency -- CBSA) perspective... If there was an overage of 1,000 units, the importer is obligated to initiate a ...