Alan Dewar’s Post

Is your customs broker doing a good job? How would you know? We have analysed over 600,000 declarations using our CAT360 analytical software to benchmark hundreds of the biggest providers in the industry. The results are shocking and well worth a read if you import into the UK. #Customs #Declarations #CFSP #Brexit #Supplychain #customsplanning #UKbusiness #finance #operations #customsbrokers #risk #riskmanagement #compliance #import #export

Armed with this data, we can build a management framework to ensure the right customs information gets onto the customs declarations so that businesses meet their regulatory compliance obligations while legitimately reducing their customs costs. First comes insight, then focused action and finally, procedural discipline to stay on track.

CARM - Accounting Delays?? Customs Brokers are needing to be diligent to ensure accurate calculations as #no_importer_wants_to_pay_more Credit CBSA for provided ability to delay accounting. Credit your Customs Broker for manual processes. Numerous testing cycles occurred but errors continue to be identified #Designed_By_Deloitte

CARM Release 3 now has an updated transition date and is expected to go live on October 21st, 2024. Our Customs experts will walk you through everything you need to know to transition your importing process from present day to CARM before the fast-approaching deadline this fall. At this time, we understand the CBSA will be starting its blackout period on October 3rd, 2024. We are providing two offerings, but please note that you only need to attend one. The topics that will be covered include: - Summary of the transition timeline - CARM Client Portal - Delegation of Authority - Bond - 180 days transition period - CBSA blackout period - Largest changes coming - Expeditors' role in validating duties and taxes - SIMA (Special Import Measures Act) - OIC Codes - Documents & Data available after CARM R3 Register here: https://lnkd.in/g3K2pkVN

Is your customs broker doing a good job? How would you know? We have analysed over 600,000 transactions to spot potential errors within the declarations. The results are eye-opening and show a really worrying trend in the industry. Whilst there are some really bad examples, there are also some great brokers out there. With increased visibility, you can quickly understand who is doing a good/bad job and then act accordingly. Partner at law firm Womble Bond Dickinson (UK) LLP, Peter Snaith, gives comments on how to protect yourself contractually. Barbourne Brook's CAT360 software can spot potential errors across years of data within seconds. When did you last review your process for post-clearance checks? #Customs #customsbrokers #declarations #customsplanning #finance #ukbusiness #import #export #financeleaders #sao #postclearance #supplychain #operations #mss #cds #import #export

Are you a broker filing Type 86 entries? Do you work for a broker who files Type 86? What does IRS mean for you now? Customs issued a Guidance document that makes the CUSTOMS BROKER accountable for reasonable care and reasonable control requirements normally assigned to the importer of record. Why? The broker on a Type 86 IS now the IMPORTER OF RECORD. Brokers need to quickly assess their knowledge of a broad range of import issues if they are going to comply with this CBP Guidance. Read the Guidance on EMTC's news page then click on our education tab. Sign up for an assessment of your knowledge as an Importer of Record before you do your next Type 86 entry. We can recommend courses and provide programs to help prepare you and your staff for this new requirement. #cbp #type86entry #emtc #importerofrecord

CARM Release 3 now has an updated transition date and is expected to go live on October 21st, 2024. Our Customs experts will walk you through everything you need to know to transition your importing process from present day to CARM before the fast-approaching deadline this fall. At this time, we understand the CBSA will be starting its blackout period on October 3rd, 2024. We are providing two offerings, but please note that you only need to attend one. The topics that will be covered include: - Summary of the transition timeline - CARM Client Portal - Delegation of Authority - Bond - 180 days transition period - CBSA blackout period - Largest changes coming - Expeditors' role in validating duties and taxes - SIMA (Special Import Measures Act) - OIC Codes - Documents & Data available after CARM R3 Register here: https://lnkd.in/g3K2pkVN

This is important information that should have been shared right out of the gate. Disappointed that we had to wait almost 4 weeks to be finally told what we already knew, saw for years and predicted would happen again at "go live". Better late than never but need to be diligent to watch for a reoccurance of same whenever there is a new system release. This is only one important disclosure. Look forward to all the others. Will be so important for CBSA and industry to get back to the consultation table so we can roll up our sleeves and get to work in order to address all the others including but not limited to account balance issues. We need September and October payments allocated. Account security nudge amounts are not right. System stability not where it needs to be. Some of the SIMA calculations are off. Help desk is overwhelmed just to name... a few. Imagine if other licensed software we relied on performed the same way. We would be moving on. Trust CBSA will also be extending the 90 day grace period of interest and penalties for all of these cases.

Join BLCC member, Customs4trade, for a free transformative 45-minute webinar on Reporting & Analytics for Customs Compliance on Wednesday, May 29th, at 14:00 GMT / 15:00 CET. Gain insights into:  -Overcoming challenges posed by scattered data and the repercussions of inaccurate reporting to customs authorities. 📊💼 -Leveraging your customs data to navigate customs audits effectively and mitigate penalties. 🛃💡 -A live demo of their reporting and insights module within CAS, our cutting- edge software solution for seamless customs management. 💻🔍 -Harnessing CAS to extract CBAM reporting data efficiently. 🌐📈   Don't miss out on this opportunity to enhance your customs operations. Register now via the link in the comments! #CustomsCompliance #ReportingAnalytics #CustomsManagement #Webinar

Are you a broker filing Type 86 entries? Do you work for a broker who files Type 86? What does IRS mean for you now? Customs issued a Guidance document that makes the CUSTOMS BROKER accountable for reasonable care and reasonable control requirements normally assigned to the importer of record. Why? The broker on a Type 86 IS now the IMPORTER OF RECORD. Brokers need to quickly assess their knowledge of a broad range of import issues if they are going to comply with this CBP Guidance. Read the Guidance on EMTC's news page then click on our education tab. Sign up for an assessment of your knowledge as an Importer of Record before you do your next Type 86 entry. We can recommend courses and provide programs to help prepare you and your staff for this new requirement. #cbp #type86entry #emtc #importerofrecord