Deferred Import Duty Programs

An import compliance program is a systematic set of policies, procedures, and controls implemented by an organization to ensure that all imports compl...

The monitoring, auditing, and administrative management of the import VAT deferral account, an account used to defer payment of import value-added tax...

A guarantee for an import VAT deferment account is a security provided to the customs authorities to cover the risk of non-payment of import VAT when ...

A formal administrative action by the tax authorities withdrawing the permission to defer payment of import VAT, requiring the importer to pay the imp...

The Importer Self-Assessment (ISA) Program is a voluntary compliance initiative administered by U.S. Customs and Border Protection (CBP). Participatin...

A Customs Duty Deferral Program is a procedure that allows importers to defer the payment of customs duties on imported goods until those goods are so...