IEEPA Refund Filing Deadline: 0d 0h 0m 0s - Get Expert Help Now!

Call:

855-912-0406

How to Handle Customs Bond Claims

Enlisting the services of a Licensed Customs Broker, who acts as an agent for your imports and claims, is the easiest way to handle your customs bond claims.

Bond Claims Can Halt Imports

You can avoid delays of your bonded merchandise by utilizing licensed customs brokers to handle your imports and bond claims swiftly and properly.

Avoid Insufficient Customs Bonds by:

Posting the proper bond amount
Increasing bond amounts as needed
Having the proper address and updated contact information
Utilizing the proper types of customs bonds
Addressing issues with claims promptly
Monitoring your bond’s activity to make sure the amount is still suitable

Customs Brokers Help You Through The Bond Claims Process

Customs bond claims can be time consuming and stressful unless you have the knowledge you need to maneuver the claims process effectively.

You need to understand first that U.S. customs bonds, also known as import bonds, are contractual guarantees for your imports.
Customs Brokers Help You Through The Bond Claims Process
Importers are promising that the principal will pay all money and duties owed. They also agree to adhere to all regulations when conducting business for your imports.

The U.S. Customs and Border Protection (CBP) reviews and monitors import bonds. Conditions of a bond are set with the Code of Federal Regulations (CFR).

What Happens if Bond Obligations Are Not Met?

If the principal does not meet bond obligations, a claim is filed against the bond for payment. Next, when the CBP files a claim for unpaid duties, the paid claim will cover those duties. Finally, when there are bond obligations that are not met, the CBP has the right to file legal actions against the importer.

Defaults on Customs Bond Claims
If an importer defaults on a bond, they have broken the bond agreement they agreed to when they received their import bond. When an importer defaults on a bond, Customs expects satisfaction of the bond amounts at this time.

Buy My Customs Bond >Consult With A Licensed Customs Broker >

Types of Customs Bond Claims

There are four types of customs bond claims that should be on your radar:

Liquidated Damages

Liquidated damage claims specify the total amount of money one expects to receive with a broken contract. Dispute these damages at the port of entry where the issue arose through a petition. A licensed customs broker can handle this petition for you.

Supplemental Duty Bills

When liquidated duties are greater than paid duties, Customs issues a supplemental duty bill for the difference. Pay this bill 30 days after the listed bill date to avoid issues. Bond conditions state the principal and surety are liable for the payment of these bills.
Supplemental duty bills cannot be directly disputed but can be canceled or voided if there if a liquidated damage claim protest that rules in favor of the importer.

Debit Vouchers

If Customs does not honor a payment made, they will issue the importer a debit voucher. Debit voucher payments are due within 15 days before interest starts accruing.

Miscellaneous Bills

Customs issues miscellaneous bills to importers for port of entry harbor maintenance fees, overtime services of Customs employees and other reasons. The principal and surety are both responsible for the payment of these bills.

Continuous Versus Single Entry Import Customs Bonds

Types of Customs Bond Conditions

The following types of customs bond claims will result in repayments by importers:

Importation and Entry Bonds

Import bonds are also commonly referenced as importation or entry bonds. Many goods require bonds to qualify for entering us ports of entry. Importation and entry bond conditions include agreements to:

Pay taxes, duties and charges
Examine merchandise
Make or complete an import entry
Re-deliver conditionally released merchandise into the custody of Customs

Repayment of Erroneous Drawback Payment Bonds

Drawback payments, also known as duty drawbacks, are tax refunds from the government. These payments allow an importer to recover up to 99 percent of the duty paid on goods for importing. If there is an incorrect drawback payment, importers are responsible for repaying over claimed drawback duty payments.

Basic Custodial Bonds

A basic custodial bond requires U.S. Customs to make sure a bonded warehouse, carrier or container station adheres to all regulations when handling imports. The bond conditions include agreeing to:

Authorized means of conveyance
Re-delivering merchandise to Customs
Disposing of improper imports

International Carrier Bonds

These bonds ensure that international carriers follow all regulations when transporting imported goods. International carrier bond conditions include agreeing to:

Comply with all laws and Customs regulations
Pay penalties, duties, charges and taxes
Provide cargo information

Airport Customs Security Area Bonds

These bonds make sure that any principal operating within the secured areas of an airport complies with all regulations.

Buy My Customs Bond >Still Have Questions? >

Allow Customs Brokers to Handle Your Claims

AFC International can take over the paperwork and attention to detail needed to handle your imports and customs bond claims properly and in a timely manner. Connect with AFC International today to streamline your importing needs and take care of Customs regulations for you.

Learn More About Customs Bonds

What is a Customs Bond?

Handling Customs Bond Claims

What our Customers
Say About Us

USA Customs Clearance: They have gone above and beyond to accommodate my needs and work with making sure that I have all of my Customs Clearance paperwork in order. All in an expedited and professional way. I have used their services over the past three years and look forward to continue to do so.

Buy My Customs Bond >Consult With A Licensed Customs Broker >

Importing Resources

Importing Vanilla Beans to the U.S.: Everything You Need to Know

Natalie Kienzle

Vanilla beans are only imported from specific countries and are required to comply with FDA regulati...

How Transfer Pricing Affects Importers: Valuation and CBP Audit Risk

Joe Weaver

Learn how transfer pricing affects you as a U.S.-based importer....

Importing Graphite to the USA

Joe Weaver

Graphite’s numerous applications make it one of the most commonly imported minerals in the United ...

Get customs, tariff and compliance alerts delivered by email.

Get Email Alerts

USA Customs Clearance - Powered by AFC International

Licensed Customs Broker / Customs Clearance Services

Licensed customs support for importers across a wide range of U.S. entry needs. USA Customs Clearance provides Customs Bonds, Consulting, Customs Brokerage, Manifest Confidentiality, Importer of Record support, and Guides & Resources to help importers prepare for U.S. Customs and Border Protection (CBP) requirements and customs clearance with regulatory compliance, greater clarity, and confidence.

With licensed broker support, transparent service information, and secure checkout, we help importers take the right next step.