Customs business definition

Customs business means those activities involving transactions with CBP concerning the entry and admissibility of merchandise, its classification and

Customs business means activities involving transactions with the Customs department concerning the entrance or clearance of any conveyance in a Customs Station or Area or Port or any customs related clearance activities or importation or exportation of goods or baggage, including their classification and valuation, the payment of duties, taxes, or other charges assessed or collected by the Customs on goods by reason of its importation, exportation, transit or transshipment or refund, rebate, or drawback thereof and includes the preparation of documents or forms in any format and the electronic transmission of documents, invoices, bills, or parts thereof, intended to be filed with the Customs in furtherance of such activities or any other activity relating to the Customs Act, 1969 (IV of 1969) or rules made thereunder;

Customs business. ’ means those activities involving transactions with Customs concerning the entry and admissibility of merchandise, its classification and valuation, the payment of duties, taxes, or other charges assessed or collected by Customs on merchandise by reason of its importation, and the refund, rebate, or drawback of those duties, taxes, or other charges. ‘‘Customs business’’ also includes the preparation, and activities relating to the preparation, of documents in any format and the electronic transmission of documents and parts of documents intended to be filed with Customs in furtherance of any other customs business activity, whether or not signed or filed by the preparer. However, ‘‘customs business’’ does not include the mere electronic transmission of data received for transmission to Customs.

Examples of Customs business in a sentence

• A trustee may execute a power of at- torney for the transaction of Customs business incident to the trusteeship.

• A power of attorney may be exe- cuted for the transaction by an agent or attorney of a specified part or all the Customs business of the principal.(b) [Reserved](c) Minor agents.

• Where there will be no interference with the orderly con- duct of Customs business and no dan- ger to the revenue prospective pur- chaser may be permitted to examine merchandise in bonded warehouses upon the written request of the owner, importer, consignee, or transferee.[28 FR 14763, Dec.

• Upon compliance with the provi- sions of paragraph (d) of this section, manipulated merchandise may be fur- ther manipulated before withdrawal in cases where the port director is satis- fied that this will not endanger the revenue or interfere with the efficient conduct of Customs business.

• Before transacting Customs business in the name of his principal, a custom- house broker is required to obtain a valid power of attorney to do so.

• Customs Form 5291 may be used for giving power of attorney to transact Customs business.

• At any time prior to the deadline for submission of bids, the purchaser may amend the bidding documents by issuing an addendum.

• A power of attorney may be exe- cuted for the transaction by an agent or attorney of a specified part or all the Customs business of the principal.

• Guidelines for imposition of penalties for conducting Customs business without a permit should be followed.

• When Customs has processed the application of the message declarant or the service provider, a Customs business adviser will contact the company to arrange a consultation.

More Definitions of Customs business

Customs business means those activities involving transactions with Customs concerning the entry and admissibility of merchandise, its classification and valuation, the payment of duties, taxes, or other charges assessed or collected by Customs upon merchandise by reason of its importation, or the refund, rebate, or drawback thereof.

Customs business means any business to which the Act or these Regulations apply;

Customs business means an activity that has to do with the importation or exportation of goods;

Customs business means those activities involving transactions with Customs concerning the entry and admissibility of merchandise, its classification and valuation, the payment of duties, taxes, or other charges assessed or collected by Customs upon merchandise by reason of its importation, or the refund, rebate, or drawback thereof, as well as the preparation of documents or forms in any format and the electronic transmission of documents, invoices, bills, or parts thereof, intended to be filed with Customs in furtherance of such activities, whether or not signed or filed by the preparer, or activities relating to such preparation. "Customs Broker" means any person granted a customs broker's license by the Secretary of the Treasury.

Customs business means any one or more of the activities set forth in Sections 641(a)(2) of the Tariff Act, as amended, (19 USC