Customs Bond

Single Transaction Customs Bond

SKU: FNCCUSSTBD15

Description: 

Single Transaction Customs Bond (STB) fees are based on the value of imported goods. There are 2 main calculation methods for setting the bond amounts. The first is for a formal consumption entry with no other government agency requirements other than US Customs. This method calculates the bond amount at (Entered value of goods + duties, taxes and fees).
Example: Entered value of goods is $5000, duties and fees are $1000. The customs bond amount will be set at ($5000 + $1000 = $6000)

The second customs bond amount calculation method is for Live Quota shipments and shipments subject to participating government agency (PGA) requirements (example: FDA, USDA etc). For this category, per US Customs regulation, the bond amount is calculated at (3 x entered value of goods).
Example: Entered value of goods is $5000, the bond amount will be set at ($5000 x 3= $15000)

The cost effectiveness of the annual continuous customs bond should be considered if you expect to import high value merchandise or several times per year.

Bond Amount needed

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Contact Person: 

Freight N Cargo Customs Brokerage

Telephone: 

516-414-7256

Email: 

anthonyp@freightncargo.com

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