Purchase order from a customer in a new country - what do you do?
Your company has received a purchase order from a new customer in another country. What kind of documents are required to export a shipment from the U.S. and what documents are required by the buyer for the purpose of importing the goods into the buyer’s country?If export shipments are your responsibility, this presentation will help you understand how to document the export sales transaction to reflect the terms and conditions of an international sale of your company’s products. In the live webinar we will discuss the exporter’s internal document requirements, i.e., commercial invoices and the export documentation required by the Census Bureau’s Foreign Trade Regulations. We will review the data elements required for filing the Electronic Export Information (EEI) in AES and the information required on bills of lading. We will also discuss retention policies for export documentation and minimizing the risk of non-compliance by establishing an internal Export Compliance Program (ECP). Failure to maintain the statutory documentation for export shipments for a period of five years may subject the exporter to monetary penalties and/or loss of export privileges. This program is for anyone who wants to better understand the documents that must be created for export purposes and maintained for recordkeeping purposes.
Learning Objectives
- You will be able to define the U.S. Principal Party in Interest (USPPI).
- You will be able to discuss the importance of developing an Export Compliance Program in your company.
- You will be able to identify the information required on a Certificate of Origin.
- You will be able to review your company’s recordkeeping policies for compliance with the Foreign Trade Regulations.
Agenda
Documenting the International Sale of Goods- Purchase Order
- Commercial Invoice, Packing List, Certificate of Origin
- INCOTERMS
- Working With a Freight Forwarder and Poa
- USPPI; FPPI and Routed Export Shipments
- Ocean Bills of Lading and Airway Bills
- Data Elements
- NLR, Specific Export Licenses, License Exceptions
- Recordkeeping Statute
- Registration of Export Shipment for Purpose of Filing Drawback Claim
- Specific Export License; BIS or DDTC
- End-Use or End-User Statements or Certificates
- Recordkeeping Policy
- Audit and Employee Training Policies
- Export Compliance Program (ECP)
Speaker(s)
Lynne W. WendtWendt & Temples, LLC
- Represented importers and exporters before U.S. Customs and Border Protection (CBP), and other federal agencies, including the FDA, FTC, CPSC, DOC, EPA, TTB, OFAC, FMC, and the USTR, for over 25 years
- Represented importers in CBP regulatory audits and in developing internal compliance programs to mitigate against regulatory liability for import activities
- Represented importers in conducting internal compliance reviews, making recommendations for policies and procedures, filing prior disclosures, and developing internal compliance programs
- Represented importers in penalty cases and liquidated damages claims to mitigate liability
- Worked with importers to confirm tariff classifications and customs valuation; filed CBP ruling requests on tariff classification, value, USMCA and CAFTA-DR origin determinations, and special merchandise; filed protests to challenge tariff classification and/or value to obtain refunds
- Represented importers in filing Section 232 Steel and Aluminum Exclusion Requests with the U.S. Department of Commerce
- Represented importers in filing Section 301 China Tariff Exclusion Requests with the USTR
- Represented U.S. Customs Brokers in licensing matters and penalty cases before CBP
- Represented U.S. Freight Forwarders (OTIs) in licensing and penalty cases before the FMC
