Posted on: Dec 11, 2014
The following notice was circulated today by U.S. Customs and Border Protection (CBP) regarding “late” Importer Security Filings (ISFs). CBP has been phasing in penalty notices and allowing late filing of ISF 10 and 5 when no bond is required. All ISF filings are required to comply with the published time frame of 24 hours prior to loading and be filed with the appropriate bond when required.
“Effective January 10, 2015, late ISF submissions will no longer be exempt from the bond requirement and most ISF transactions will require a bond when they are filed. To avoid delay or examination upon arrival, importers should ensure that bonds are in place to cover the ISF transaction prior to the cargo being loaded on the vessel destined for the United States.
To electronically enforce this requirement, ISF Types 5 and 6 (Late ISF-10 – No Bond and Late ISF-5 – No Bond, respectively) will no longer be accepted as of January 3, 2015.”