Record Keeping: Who, What, When, Where, and How to Retain Effective Customs Records

December 3, 2014 4:00pm

Susan Kohn Ross
Partner
Mitchell Silberberg & Knupp LLP (Los Angeles, CA)

  • Key record keeping requirements and common areas of non-compliance
  • What happens if you don’t have the required records: Scope of penalties and loss of duty benefits
  • Who should keep your customs records, and when to delegate to a broker
  • What types of customs records should be created
    • “A(1)a” List of Required Records
    • Specific records required for special programs like FTAs, GSP, U.S. goods returned, etc.
  • Identifying where customs records are kept
  • How to retain customs records: Which records should be retained in hard copies vs. electronic copies
  • Determining which records are needed for a CBP audit