With Importer Security Filing (ISF) regulations now in effect, companies are still struggling to achieve 100% timely and accurate filings as required by these new regulations. With fines of $5,000 per infraction and broker fees averaging $30 per filing, importers are struggling to understand where their responsibilities lay and how to best comply while staying inside their budget.
This white paper covers vital facts that importers must be aware of to successfully comply with the ISF, including answers to the following frequently-asked questions:
What are the basic elements of an ISF filing?
What are the penalties of non-compliance and for unintentional errors?
How does my company minimize the costs and risks of compliance?
What problems are companies facing when dealing with their ISFs?
How can my company leverage ISF requirements to improve overall import operations?
What resources are available for more information on ISF?