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An Export Compliance Program (ECP), ensures that all their responsibilities are addressed at the right time and in the right way.
In this comprehensive guide, we’ll explain what it is, how it functions, and why SNAP-R is a crucial tool for companies looking to navigate the intricate web of export regulations.
In this article, we’ll unravel the complexities of ITAR, who needs to abide by it, and why hiring an experienced team, like CTP, is essential for success in this space.
Export classification is the meticulous analysis undertaken to determine whether an item, which could be a physical product or part, software, technology, or service, falls under the purview of U.S. export controls.
With this in mind, the Bureau of Industry and Security (BIS) has identified eight elements of a comprehensive Export Compliance Program (ECP) manual.
In the course of export consulting, we often find exporters who have some idea of the significance of the Harmonized System (HS) Code since it is tied directly to customs duties. However, when pushed further, exporters based in the U.S. are often unaware of another code called the Schedule B, which is critical to filing accurate export documentation.
Customs compliance professionals must understand and prepare for new applications of the Harmonized System (HS) to ensure they are prepared to address emerging supply chain challenges while complying with applicable laws and regulations.
Today marks the one month countdown until the April 1st start of the H-1B visa cap season. For those that are unfamiliar, the H-1B visa program is used by U.S. businesses to employ foreign workers for positions that require highly specialized knowledge.
We all recognize risks, consciously and unconsciously. We are careful near cliffs or driving at high speed; we watch our diet and we manage our investments. We look out for our kids before – and sometimes after – they know how to care for themselves.
Conducting an export control audit is essential to any successful export compliance program. It is critical that all companies subject to U.S. export control laws maintain export compliance programs and routinely audit their effectiveness and efficiency.
Do you understand the difference between the Harmonized Tariff Schedule (HTS) and Schedule B? Exporters often use these terms interchangeably. Technically, however, they serve very different purposes.
If you can’t make the Update conference in DC next week, BIS is offering the next best thing. Assistant Secretary Kevin Wolf will conduct an Open Forum by teleconference next week to offer a summary of recent ECR developments. Access instructions are in the full BIS announcement, below.
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