Industry Blog

Crackdown on Illegal Microelectronics Shipments to Russia

Last week, there was a substantial update to the Export Administration Regulations (EAR) that adds 164 persons to the Denied Entity List. The Entity List provides notice to the public that certain exports, re-exports, and transfers (in-country) to certain companies, individuals, and other entities identified on the List require a license from the Bureau of Industry and Security (BIS). The availability of license exceptions in such transactions is limited.

Export Administration Regulations (EAR) Compliance

Title 15 of the Code of Federal Regulations (CFR) includes Export Administration Regulations (EAR). They are found in sections 730-774 of 15 CFR. These regulations are created and implemented by the Department of Commerce (DOC), Bureau of Industry and Security (BIS) and regulate the export of goods as well as related technology identified on the Commodity Control List (CCL). In addition, the EAR implements anti-boycott law and other provisions.

What is the Code of Federal Regulations?

The United States Code of Federal Regulations (CFR) codification of the general and permanent rules and regulations published in the Federal Register by the executive departments and agencies of the Federal Government. It is divided into 50 titles which represent broad areas of Federal regulation. Each title is divided into chapters which usually bear the name of the issuing agency. Each chapter is further subdivided into parts covering specific regulatory areas.

The following are the 50 Titles of the CFR:

$10 Million in Customs Fraud Discovered in California

A major US customs fraud operation has been uncovered in California. Three firms imported at least $100 million worth of foreign goods, bypassing more than $10 million in customs duties.

U.S. Attorney for the Southern District of California Laura E. Duffy said in a release the defendants are accused of evading millions of dollars in import taxes when they brought Chinese-made apparel, Indian-produced cigarettes and other goods into the country through the Long Beach Port-of-Entry.

News of VAT Changes Around the World

We’re hearing a lot of chatter about changing VAT rates around the globe. Here are a few items that we’ve been talking about behind the scenes.

Italy

Reports are emerging from Italy that the planned 2% VAT increase in October may be reduced to a 1% VAT rise - taking the standard Italian VAT rate to 22%

France

The recent presidential election in France resulted in the election of François Hollande, the candidate of the Socialist Party. One effects of this change is that the French VAT rise (originally planned in october) has been cancelled.

What is Item Compliance?

CUSTOMS Info and Global Data Mining (CiGDM) focus on Item Compliance™. This is much different than Global Trade Management.

Item Compliance™ Management focuses specifically on creating and maintaining up‐to‐date information accurately describing every product from a customs perspective, programmed to deliver compliant item data, to the right systems, anywhere in the world, at just the right time.

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