Compliance with customs rules and regulations must be followed in order to properly import and export goods. In regards to import regulations the importer of record files the customs entry using the US Customs 7501 form. The importer of record can also file the US Customs release with 3461 form. It is up to the importer to arrange the exam and release of goods. The following documentation is required with entry: bill of lading, commercial invoice and packing list. Another requirement for imports is to have a Customs bond filed to cover the value of the cargo. For export, it is required to submit the shipper's export declaration (SED) through the automated export system (AES). Prior to filing the AES, a booking will be made with the steamship …show more content…
During my tenure at Samuel Shapiro and Company, Inc., I prepared and finalized the US Customs Power of Attorney which is required under US Customs regulation. I also processed continuous Customs bonds and single entry bonds. When needed, I would submit bond riders with US Customs. Bond riders are issued to change the name or address of the importer. The surety bonds were used to make sure all importers adhere to the US Customs Border & Protection regulations. On a daily basis, I worked directly with import and export departments to ensure compliance with US and other country regulations. Often, I worked with USDA-APHIS and FDA for documentation needed for importing into the USA. In addition, our company was Customs Trade Partnership Against Terrorism (C-TPAT) certified therefore US Customs conducted annual audits at our headquarters location to verify that we were complying with the rules in regards to our …show more content…
These documents were implemented and enforced to protect the company's trade secrets. When an employee was hired they were explained and instructed to finalize the documents. The non-disclosure agreement was used to protect the employees and partners from sharing proprietary information about the company and how business is conducted. The non-compete was used to ensure that in the event the employee terminated their relationship with Samuel Shapiro and Company, Inc. they would not take their customers or employees with them. The language outlined in the non-compete stated that the terminated employee will not attempt to engage relationship with customers or employees for eighteen months after termination
The useful information that can be obtained here are the tariffs and quotas for specific goods, the applications for export permits and certificates, the export applications needed for particular items, the export controlled products list, the notices to exporters, the export control systems, the relevant guides/handbooks, and the contact information for the Trades Controls Bureau.
Importing is when services and products are brought to the country. Also, services can be imported. Canadian businesses manufacture import in their factories and other businesses purchase finished goods. Global sourcing is the procedure of buying equipment, capital goods, raw materials, and services from around the world. Global sourcing companies can improve in many in a thing that is quality, keep cost down, and agrees for accessing new technologies. New demands in the market or by the consumers can make new opportunities for jobs or for importing products. There are many activities for importing that are product demand, contact suppliers, finalize the purchase, and receive goods. Canada mainly imports products that are the United States
Australia live export industry also plays a major role in providing meat to countries which cannot produce enough livestock to feed their population and prefer live animals over boxed and chilled meat. These countries are often deficient in resources and have a geography and climate that is difficult to raise livestock in. In Indonesia, only 23% of its population have access to refrigeration in their homes, eliminating the option of exporting chilled meat overseas [NTLEA, 2013]. Importing countries in the Middle East also rely on live exports rather than boxed and chilled meat as transport from Australia is challenge while also interfering with religious and cultural practices. Through live exports, Australia is assisting importing countries by fighting food insecurity and hunger.
A non-compete agreement is a document that establishes an understanding between your company and an employee regarding expected practices when an employee is leaving your agency to work elsewhere. Taking the time to decide whether or not you wish to include a non-compete clause in your employee contracts influences your HR policies and procedures. Consider the following when making decisions about non-compete agreements.
No compete clauses are not pervasive in public or private industry but they often exist in situations and with people where trade secrets and other sensitive information is potentially at risk. Employers do so to protect themselves but many states and territories around the world either highly restrict them or outright ban them from even being implemented due to it ostensibly being unfair or punitive to the employee. The author of this paper is asked to focus on a fictional situation involving a non-compete clause and is asked to answer several different questions. The elements of a non-compete clause that must be present are to be explained as well as a number of related concepts including offer, acceptance, capacity and so on. The author is asked whether common law or UCC applies to non-compete agreements and what part(s) of the agreement would make the aforementioned fictitious agreement unenforceable.
To avoid the confusion and problems, the shipper should declare the value for the goods on the ocean bill of lading or to exercise the right to declare a higher value and pay higher freight charges. If the shipper wants the number of
U.S. Customs agents are responsible for keeping drugs and illegal immigrants out of the United States. You always have to be attentive for any suspicious actions or any unusual activity.
In a media jobs, non-compete clause made a huge difference in employee career. If you're going for media job career or getting a promotion in a media job, there is no doubt, you have to make sure not to run on a non-compete clause in your contract. Before making an agreement or sign in on any agreement, one need to know what is a non-compete clause in media contract and its disadvantages. It is a standard clause in most media job, where employee signed in agreement that is useful for media in the future. Basically, this kind of contract is involved in an employment contract. For example, if a newly hired employee has signed three-four page agreement without reading and after two months, he decided to quit job as he got a better offer from
With economic globalization, international trade is developing and growing at an unprecedented rate. After China joined the WTO, international trade tariffs reduced significantly;many non-tariff barriers were also reduced. However, some countries have adopted some new trade restrictions in order to protect their industries and markets. The ‘green barrier’ policy is a kind of trade protection means which has been frequently used by the developed countries since the 1990s, it has created unequal trade relations for a vast number of developing countries and caused huge economic losses to these developing countries. It has become the new obstacle for international trade. Briefly, the problems are: first, an increase in the cost of enterprises, affecting the international competitiveness of enterprises and second, the implementation of ‘green trade’ barriers hindering the development of the Chinese export trade. This essay will examine these problems in more detail and seek to offer possible solutions.
For employers, by imposing their employees to sign a non-compete agreement whether it be at the beginning of their employment with the company at hand or towards the middle, it ensures the protection of the company’s trade secrets and confidential information such as customer lists. If an employee is entrusted with such confidential information or learned trade secrets used in the company, this
The process on ocean freight started with picked up the goods. Freight forwarder will picked up the goods from shippers. In this stage, there were many documents that have to be completed such as invoice, packing list, certificate of origin, letter of instruction, dangerous goods declaration and CITES certificate. These documents were required in order to allowed the shippers to sent their goods. In ocean freight, Ocean Bill of Lading as part of those required document is needed to be the evidence of the delivery as well as a contract of carriage between the shipper and the ocean freight company (Transportation Best Practices Manual, 2011). Dangerous goods declaration is needed if shippers want to transfer dangerous items, because the improper
Many companies have the habit of having oncoming employees sign non-disclosure forms that bar said employee from working for competitors even after being terminated. This has both pros and cons to it. One pro is that the employee could not share company secrets that might allow the competition to steal their spotlight. However, anyone could tell them anyway without ever stepping foot in the company with their uniform. A phone call or email would suffice in discussing important details with the competition that could cause them to rise in popularity with consumers. In essence, the company that is forcing the disclosure onto the employee is trying to avoid angry employee retaliation for any plausible termination. However, it is my opinion that
After winning season twelve of Project Runway there has been countless emails of getting replicas of what was made on the show. There have also been request for original dresses to be made for numerous celebrities’. With that being said I have decided to start my own clothing company “Queen Chic”. We will not only sell and manufacture in the states, but this will be a global venture with manufacturers in china.
Let S be the cost of project lateness including direct and indirect costs. According to the case the direct cost of lateness is $0.8m per month of lateness, and the indirect cost of lateness is the cost of lost reputation. As an example, if the project is two months late and the cost of lost reputation is estimated to be $2m, then S is $3.6m.
For our team project, we will be exporting LED light bulbs from India. This country has initiated an Indians Customs EDI System to facilitate trade and to exchange documents electronically. Vijay Anand, customs manager for India with Expediters International describes the export processes to be very simple, “If all the documentation are perfect, you can even clear customs on an export within three to four hours subject to the documentation” (new.export.gov) First, it is mandatory for an exporter to register their business with the Directorate General Foreign Trade (DGFT) or regional import export licensing authority. An Importer Exporter Code (IEC) is also mandatory, it is a 10-digit code which is issued by DGFT. (portology.com) The IEC code serves as an export license, a customs copy of this document needs to presented to the customs authority for clearing the goods and to prevent penalties and/or possible confiscation of the good (indolegal.com).Along with the IEC, Anand labels the Authorized Dealer (AD) code as a basic requirement for exporting from India, “Every exporter who’s involved in a foreign transaction should have a bank account, and this account should be informed to Indian customs and through the Bank of India, which is a federal bank”, an AD code is allotted to each bank (new.export.gov). Moreover, a Business Identification Number (BIN) is required to file a shipping bill for clearance of exports. Further documents that may be necessary in the