1. In the future, any physical intervention to inspect cross-border goods will only affect a small minority of consignments and their selection will be based on risk analysis techniques using all available intelligence including information from legitimate traders.
2. As revenue collection becomes more effective, particularly in developing countries and those in transition, government income will increase enabling them to reduce only rates but maintain yield.
3. Customs is said to have come into being as long ago as commerce, and commercial fraud seems to have come into being as long ago as Customs.
4. If you understated the value of an article you declare you might have to pay a penalty in addition to payment of duty.
5. Ever since its beginning, the Customs Cooperation Council / WCO has fully recognized the need for countries to take adequate measures to combat various forms of smuggling.
6. When the transaction value cannot be determined, then the value of the imported goods being appraised is the transaction value of identical merchandise.
7. It is the importer’s responsibility to ensure that the proper permits, if required, have been obtained in advance of the goods arriving in the country.
8. Imported goods may not legally enter U.S. commerce until the shipment has arrived within the port of entry and Customs has authorized delivery of the merchandise.
9. Arrangements should be made to ensure that the importer or their agent is informed immediately of arrival so that the entry can be filed and delays in obtaining the goods avoided.
10. The importer is responsible for paying storage charges while unclaimed merchandise is held at the warehouse.