Braumiller Law Group, PLLC, is a highly respected boutique law firm based in Dallas, Texas with offices in the US and Mexico. The firm is focused on international trade compliance and proven strategies to optimize global trade business practices. The attorneys and trade advisors of Braumiller Law Group, and Braumiller Consulting Group, know exactly how to navigate the intricate maze of global trade regulations, and have a successful track record for helping clients save millions of dollars in compliance penalties.
A Focused Assessment is a detailed audit by U.S. Customs of an importer's internal controls for Customs transactions, together with selected import transactions. The purpose of the assessment is to determine the company's level of compliance, and whether are sufficient systems in place to ensure an acceptable level of compliance with Customs laws and regulations.
United StatesInternational Trade Law & Customs
Focused Assessments: What Are
They?
A Focused Assessment is a detailed audit by U.S. Customs of an
importer's internal controls for Customs transactions, together
with selected import transactions. The purpose of the assessment is
to determine the company's level of compliance, and whether are
sufficient systems in place to ensure an acceptable level of
compliance with Customs laws and regulations. If a company is found
to be non-compliant, the company will be required to formulate a
compliance improvement plan, and tender any revenue determined
owing.
The stakes are often high for a company found to be
noncompliance, as Customs continues to measure company compliance
through intensive cargo exams on a more frequent, ongoing basis.
This process can significantly disrupt a company's
"just-in-time" delivery program.
Customs has posted detailed guidelines on preparing for Focused
Assessment audits, including technical guides for creating internal
controls for valuation, classification, and special duty
provisions. Click to view an index of the PDF version of Customs Focused Assessment Documents.
This document is not intended to create an attorney-client relationship. You should not act or rely on any information in this document
without first seeking legal advice. This material is intended for general information purposes only and does not constitute legal advice. If you
have any specific questions on any legal matter, you should consult a professional legal services provider.
Contributor
Braumiller Law Group, PLLC, is a highly respected boutique law firm based in Dallas, Texas with offices in the US and Mexico. The firm is focused on international trade compliance and proven strategies to optimize global trade business practices. The attorneys and trade advisors of Braumiller Law Group, and Braumiller Consulting Group, know exactly how to navigate the intricate maze of global trade regulations, and have a successful track record for helping clients save millions of dollars in compliance penalties.
