International traders brace for penalty phase of new Customs rules
International traders brace for penalty phase of new Customs rules
Customs house brokers have been preparing their customers -- and international produce shippers -- for a new phase of regulatory enforcement that will soon take effect. U.S. Customs & Border Protection will begin enforcing the Importer Security Filing rule Jan. 26 with stiff financial penalties. The ISF rule has actually been in effect since Jan. 25, 2009. But U.S. Customs gave international traders of all commercial items a year to adjust to the rules. Now, failure to comply with ISF will result in penalties to importers that might total as much as $15,000 per shipping container. According to