Demystifying ISF 10 2: Avoid Penalties and Delays for Luxury Car Imports

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In this video, we discuss the penalties associated with luxury car filings under the Importer Security Filing (ISF) 102 requirements. The ISF is a US Customs and Border Protection (CBP) requirement that mandates the submission of electronic data about incoming cargo, with the ISF 10+2 specifically focusing on luxury car shipments. Non-compliance with these requirements can result in hefty fines and delays in releasing the shipments. Penalties can range from thousands to tens of thousands of dollars for each violation, with misclassification and inaccurate or untimely filings being common causes for penalties. To ensure compliance, it is recommended to work with an experienced customs broker who can assist with accurate and timely ISF 10+2 filings.
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Video Disclaimer Here: This video is purely educational and has no ties with the US government.