Thursday, January 5, 2012

OWIT-NY Event – Preparing for the Customs Brokers Exam - Jan. 12th 6 PM

Kenvic Professional Training to provide overview of Customs Brokers Exam

Date: Thursday, January 12th, 2012
Time: Networking and refreshments at 6:00pm.
Program commences at 6:30pm.
Location: Law offices of Baker & McKenzie in the Grace Building, 1114 Avenue of the Americas (the entrance is on 42nd Street directly across from Bryant Park.) New York, NY

When merchandise is imported in to the United States certain information regarding the product together with the payment of customs duties is required. While an importer may do this paper work itself, it is the more typical case that it hires a Customs Brokers to file this information with the government.

As customs brokers are the intermediary between the importer and the government it has a dual set of obligations. One is to the importer, as the broker is working as its agent under a power of attorney, and the second is to the government through whom it is licensed.

Customs brokers receive their licenses after passing a lengthy exam and successfully passing a background check. This upcoming program will provide an overview of how to prepare for the Spring exam.

Examination topics cover the followings:

• Classification
• Types of entries, entry requirements and procedures
• Bonds
• Free Trade Agreement
• Customs Valuation
• Examination of merchandise, prohibited and restricted merchandise
• Temporary importation under bond, marking of imported merchandise
• Bond entries and procedures
• Fine, Penalty and Forfeitures, and protests
• Customs Brokers Compliance
• Drawback Power of attorney
• Antidumping and Countervailing

Cost: $20 for OWIT-NY members, students and government employees
$25 for non-members

For more information, go to www.owitny.org and click on the Events tab.

Hope to see you there!

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