Importer Security Filing (ISF)
What Exactly is ISF?
Think of Importer Security Filing (ISF), affectionately dubbed “10+2,” as a must-do homework for ocean shipments headed to the USA. It’s all about giving the Customs and Border Protection (CBP) a heads-up. You need to send this info over to them 24 hours before your ship leaves its last port before docking stateside.
Skip ISF Filing? Here’s What You’re Up Against
Think of ISF like a security pass for your cargo. Without it, you’re looking at big fines, annoying delays, and extra scrutiny. Mess it up, and CBP could keep your shipment from unloading. Worse, if your goods get offloaded without a green light from CBP, they could seize it all and prevent future loads.
The Price Tag on ISF Mistakes
Slip-ups here can hit your wallet hard, with penalties reaching $10,000 for each goof. Breakdown of potential fines includes:
- $5,000 for no ISF
- $5,000 for tardy ISF
- $5,000 for half-baked ISF
- $5,000 for not updating your ISF
- $5,000 for ISF and Bill of Lading mismatches
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