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CBP Reviewing Importer ID Input Record

Monday, July 27, 2015
Sandler, Travis & Rosenberg Trade Report

CBP is accepting comments through Aug. 26 on the proposed extension, with several changes, of the importer ID input record. The collection of the information on the importer ID input record (CBP Form 5106) is the basis for establishing bond coverage, release and entry of merchandise, liquidation, and the issuance of bills and refunds. Each person, business firm, government agency or other organization that intends to file an import entry must file CBP Form 5106 with the first formal entry or request for services that will result in the issuance of a bill or a refund check upon adjustment of a cash collection. This form is also filed for the ultimate consignee for whom an entry is being made.

CBP is proposing to revise CBP Form 5106 by changing the name of this form to be clearer as to its intended purpose and by gathering additional information about the company and its officers. This will enhance CBP’s ability to make an informative assessment of risk prior to the initial importation and provide the agency with improved awareness regarding the company and its officers who have chosen to conduct business with CBP. CBP is also requesting that the company officers whose information will be submitted on this form have importing and financial business knowledge of the company as well as the legal authority to make decisions on behalf of the company.

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