Securing the Supply Chain: The 10 2 ISF Filing Rule Explained

License To Import // 323-578-6432 // file@licensetoimport.com // www.licensetoimport.com

In this video, we explore the 10+2 ISF filing rule and its significance in supply chain integrity. The ISF filing rule, required by US Customs and Border Protection (CBP), is designed to enhance security and risk assessment by obtaining advance cargo information. The "10" refers to the ten data elements provided by the importer or their agent, while the "2" refers to the two additional data elements filed by the carrier or their agent. It is the responsibility of the importer or their customs broker to ensure accurate and timely filing. Additionally, customs bonds are important financial guarantees that ensure compliance with regulations. The ISF filing rule acts as a preventive measure, allowing CBP to identify potential security threats and promote compliance and transparency in the supply chain.
#ISFfilingrule #customsbrokerage #supplychainsecurity #importersecurityfiling #internationaltrade

Video Disclaimer Here: This video is solely for education and is not endorsed by any US government agency.

"0:27 The 10+2 ISF filing rule is a requirement by US Customs and Border Protection for importers or their agents to provide specific information about their cargo before it is loaded onto a vessel headed to the United States.

01:12 - The rule consists of ten data elements that the importer must provide, along with two additional data elements filed by the carrier. This information enhances supply chain security and improves risk assessment by CBP.

01:55 - Filing the ISF at least 24 hours before cargo is loaded onto a vessel is crucial to avoid penalties and delays in the clearance process. Importers or their appointed customs brokers are responsible for ensuring accurate and timely filing.

03:00 - The ISF filing rule plays a crucial role in maintaining supply chain integrity by enabling CBP to assess risks, identify security threats, and promote compliance among importers, leading to a safer and more efficient global trade environment."