Industry Insider: August

 In Industry Insider, Trans-Border Global Freight Systems, Inc.

AES Changes

180 day grace period set to end Oct. 2, 2014

In our E-Blast back in March, we advised the exporting community about some key changes to the Electronic Export Information (EEI) filing requirements. While the changes were to go into effect as of April 5thof this year, US Customs allowed a 180 grace period, meaning that penalties would not be assessed for non-compliance during this time.

We want to advise our valued clients that as of October 2nd, this grace period will end. Therefore, all the FTR changes will be enforced in their entirety.

As a reminder, some of the main areas where the changes are made include:

  • Post Departure Filings
  • Household goods
  • Used self-propelled vehicles
  • Port of export
  • International waters
  • Additional data elements and definitions

Where can I find more information about these specific changes?
It would be beneficial to view a copy of the final ruling to in order to familiarize yourself with the new changes. In addition, if you wish to reference the FTR reporting rules, they can be always be found in the Code of Federal Regulations (CFR), Title 15, Part 30 – Commerce and Foreign Trade. A full transcript of the changes can also be found by clicking here.

What does this mean for me?
For those that file their own EEI through the AES System, it is recommended that you have an understanding of these changes and how they may affect your AES filings. On the other hand, if you authorize Trans-Border to file the EEI on your behalf, we will ensure that these rules changes are enforced at the time of filing should the export parameters fall under one of the changes made.

Reminder! – New Ultimate Consignee Type required!
As of October 2, all exporters will be required to provide Trans-Border with the “Ultimate Consignee Type” at the time of export (reportable on the Shipper’s Letter of Instructions). For a full overview of the different types of reportable “Ultimate Consignee Types”, please review Title15 CFR 30.6(a)(28).

Please remember to use an updated copy of Trans-Border’s Shipper’s Letter of Instructions, which can be found directly on our website, by clicking here.