Pegasus Shipping, Inc. employs a team of experts, who can help you gain a better understanding of the complex trade issues that affect the day-to-day operations of importers and exporters.
Our Consulting Services include:
- Tariff Classification Analysis
- NAFTA Maintenance
- Appeals, Refunds, Duty Drawback, Duty Recovery, and Duty Remission
- Customs Rulings
- Customs Verification Audit Preparation:
- Customs Entries/Clearances
- Specialized Commodities
We can help you build a solid supply chain, which will result in:
- Lower costs due to minimized border delays
- Reduced exposure to potential liability
- We can assist you with the your documentation requirements to ensure your company receives the full benefits of international trade agreements negotiated by the U.S. government.
Do we offer this?
We offer pre-posted seminars, which provide the latest information on changes in the rules and regulations issued by Customs, FDA, USDA and OCAJ. Pegasus Shipping, Inc. will also build and facilitate a workshop or seminar agenda as per your specific requirements.
Is this relevant?
Customs Agencies in North America are now paying greater attention to post audit inspections rather than import inspections. The responsibilities put upon Importers of Record have steadily increased as all members of the supply chain endure higher scrutiny from Customs Officials. The management and staff of importing firms must diligently learn their responsibilities, by clearly understanding the consequences of not following rules and regulations such as:
o Monetary penalties issued by Customs and other governmental agencies
o Increased scrutiny and more frequent examination of goods
o Delays of incoming shipments
o Total suspension of import privileges
As stated by the U.S Customs and Border Protection, it is the responsibility of importers to know and understand the importation rules and regulations with which they must comply. Pegasus Shipping, Inc. works with each client to develop a solid program of safe practices and methods of self-checking that will help in identifying potential risk factors as well as promote compliance and guarantee prompt correction of violations.
Is this something we share during consultations?
Customs auditors will be checking for the following:
o Record keeping
o Purchase order
o Sales invoices
o Receiving reports
o Record of payment receipt
o Physical inventory counts
o NAFTA and FTA Audits
o Proper HS Tariff Classification
o End use diversions (i.e. claimed agriculture; used for construction)
o Drawback, refund claim and amendment validations
o "Reason to Believe" responsibility
Every importer can potentially be subjected to a Customs audit, and we’ll make sure you are prepared.