Import Customs Regulations
01/18/2011 - 05/15/2011
T 6:00PM - 8:40PM
8:40 - 9:10
Highland Business Center Room 215
By Appointment Only (usually available 5:30pm – 6:00pm & 8:40pm – 9:10pm on Tuesdays) - make arrangements via e-mail at firstname.lastname@example.org.
IBUS 2345 IMPORT CUSTOMS REGULATIONS A study of the US Customs Import Regulations to include the duties and responsibilities of the licensed customs broker or customshouse broker. Topics include processes for customs clearance including customs organization, consumptions, and the three keys to successful liquidation (valuation, classification, and entry), the Automated Broker Interface to the Automated Commercial System, types of entries, surety bonds, quotas, penalties, appraisement, bonded warehouse entry, examination of goods, harmonized tariffs, fees, quotas, immediate delivery, laws, and regulations.
COURSE REQUIREMENTS: Students will be required to successfully complete three written exams, participate in class discussions, exercises and role-playing, and complete and hand-in homework. The third exam will be a comprehensive examination covering all topics discussed during the term. Students are responsible for studying the material assigned in advance of class sessions on assigned topics. Class attendance and participation in class discussions will be evaluated in calculating the overall grade for the course.
HOMEWORK ASSIGNMENTS: Homework will consist of a written one page outline of notes from the reading assignment related to the upcoming class. Focus on dates, timelines, min/max, penalty amounts, etc. The written assignment is due the Monday evening before each Tuesday class and must be turned in via email to the address provided. Please use the class date for the subject matter when sending. Please bring a printed copy to class for additional notes.
EXAMINATIONS: All three examinations will consist of multiple-choice questions pulled EXACTLY from prior US Customs and Border Protection Brokerage Examinations.
MAKE-UP ASSIGNMENTS: Students can miss one class with no impact to their grade. Class participation points can be made up by taking a 20 question practice CBP exam at home. Exams can be made up within one week and before the next class. All make up exams will occur in the International Business Institute office room between the hours of 7:30AM and 4:30PM (Monday through Friday). Please contact Regina Schneider to schedule an exam time.
TEXTBOOKS: Code of Federal Regulations, Title 19 parts 1 – 199 and the Harmonized Tariff Schedule of the United States (more details to follow)
www.cbp.govUS Customs and Border Protection
www.ncbaa.orgNational Customs Brokers and Forwarders Association of America
www.usaita.comUS Association of Importers of Textiles and Apparel Importers
Textbooks (option of free electronic or printed versions)
Title 19 CFR parts 1 – 199- $195.00*
2009 HTS US- $163.00*
*Purchase combo or single at: http://www.boskage.com/importer/imppck.php
- $344 (w/o CD) - $389 combo (w/CD)
Introduction to Customs Brokerage – Scott Warren Taylor (general but redundant) - $79.00
Purchase from: http://boskage.com/index/index_index.php
The Complete Customs Broker Guide- Joseph P Moss
Howdy, Duty!– Sandra Smith (easy read, comical, informative) - $79.00
Purchase from: http://boskage.com/index/index_index.php
Solar-powered calculator, pencils, pen
COURSE CONTENT AND SCHEDULE:
1 – Intro to Customs & Border Protection
2 – Role of a Customs Broker
Reading: 19CFR111, 141, 142, 143, 151
3 – Customs Entry Process
4 – Special Entry Procedures & Security
Reading: 19CFR113, 10
5 – Manufacturer’s ID (MID) Instructions
6- Bonds & Duties
Reading: 19CFR144, 146, 18, 19, 127, 158
7 – Transportation & Warehousing
Review for Exam 1
February 15 – EXAM 1 - MEETING IN COMPUTER LAB ROOM 218
Exam Etiquette (6:00pm – 6:20pm)
Exam 1 (6:20pm – 8:20pm)
Reading: 19CFR152, HTS – Preface/Introduction, General Rules of Interpretation (GRI)
February 22 – MEETING IN COMPUTER LAB ROOM 218
8 – Valuation of Merchandise
9 – Harmonized Tariff System of the United States
Reading: HTS – General Notes (GN) 1, 2, 3, General Statistical Notes (GSN), Review “select” section notes and chapter notes
March 1 – MEETING IN COMPUTER LAB ROOM 218
10 – HTS Classification Overview
Take home assignment (valuation/classification) due March 9
Review for exam
Reading: Continued review of HTS
March 8 - Second exam – MEETING IN COMPUTER LAB ROOM 218
Review Classification & Valuation Activity (6:00pm – 6:30pm)
Exam 2 (6:30pm – 8:30pm)
March 15 – No class Spring Break
Review exam results
11 – Customs Form 7501 Entry Summary Instructions
Reading: 19CFR 133, 147, 114
12 – Trademarks, Tradefairs & Trade Controls
Reading: 19CFR191, 132, 181, 102, 134, 12
Review CF7501 Activity
13 – NAFTA, Origin & Marking
14 – Fines, Protests & Liquidation
Classification of physical items activity (and marking verification)
Reading: 19CFR173, 177, 171, 172
Review classification & marking activity
15 – Administration, Enforcement & Recordkeeping
Reading: 19CFR24, 161, 163, 174
16 – Finance, Accounting & Drawback
17 – Customs Modernization Act
Reading: 19CFR101, 159
May 3 – MEETING IN COMPUTER LAB ROOM 218
18 – Tips for Exam Preparation
Review for final exam
May 10 - Third and Final Exam - MEETING IN COMPUTER LAB ROOM 218
Exam 3 (6:10pm – 8:10pm)
All assignments, homework, make-up work, etc. due
NOTE: Syllabus/schedule subject to change with minimal notice.
Student Learning Outcomes/Learning Objectives
COURSE OBJECTIVES: To examine the U.S. Customs and Border protection organization and role; to develop an understanding of the regulatory requirements for successfully importing goods into the United States; to gain insight into current trade agreements, to understand reasonable care and informed compliance, and to explore the role of the licensed Customs broker.
COURSE LEARNING OUTCOMES: The student will discuss import management operation, practices and procedures; process appropriate import documentation; and utilize selected customs regulations as a part of daily operations.
1. Demonstrate an understanding of the regulatory considerations necessary when importing a product. At the end of the semester, Students will take a practice Licensed Customs Broker Examination.
2. Demonstrate knowledge of Harmonized System of classifications and Harmonized Tariff schedule, descriptions of assists, country of origin, markings required, entry processes, surety bonds and brokerage needs.
3. Understand Regulatory Considerations as they apply to importing of goods.
4. Determine the valuation and classification of imported merchandise.
5. Incorporate the terms of NAFTA as applicable.
6. Demonstrate knowledge of the entry process, bonds, entry summary and special circumstances as they apply to various customs procedures and different types of entries
7. Students will be able to explain the Custom Modernization Act.