Maricopa Community Colleges  IBS113   19976-20025 
Official Course Description: MCCCD Approval: 10/22/96
IBS113 19976-20025 LEC 1 Credit(s) 1 Period(s)
U.S. Customs/Duties
Presents an overview of the requirements of importing into the United States. Introduction to the United States Customs Service, what customs brokers do, duty rate structure and determination. Overview of special customs issues. Prerequisites: None.
Go to Competencies    Go to Outline
 
MCCCD Official Course Competencies:
 
IBS113   19976-20025 U.S. Customs/Duties
1. Describe the role U.S. Customs plays in international trade. (I)
2. Identify the documentation required by U.S. Customs for the various types of imports. (I)
3. Explain the valuation methods utilized by U.S. Customs for cargo imported into the United States. (II)
4. Define the tariff classification under the harmonized System. (III)
5. Define the general rules of interpretation governing the tariff classification of goods. (III)
6. Identify special classification programs which reduce the duties paid. (IV)
7. Explain the procedures fro obtaining rulings under the Harmonized System. (V)
8. Explain the use of duty savings techniques such as use of foreign trade zones and duty drawback programs. (V)
9. List the restrictions governing imported products and special requirements of federal agencies. (V)
10. Analyze the imposition of penalties an other enforcement activities of the U.S. Customs Service. (VI)
11. Utilize internet connects to obtain current information on NAFTA, GATT, CBI or any other trade regime. (VI)
Go to Description    Go to top of Competencies
 
MCCCD Official Course Outline:
 
IBS113   19976-20025 U.S. Customs/Duties
    I. Role of United States Customs in International Trade
        A. Entry of merchandise
        B. Customs examination procedure
        C. Payment of duty
        D. Customs documentation
        E. Invoicing requirements
        F. Customs requests for information
        G. Notices of action
        H. Liquidation
        I. Protests and 520(c)
      II. Valuation of Merchandise
          A. Customs valuation methods
          B. Comparison of bases of appraisement
          C. Transaction value
          D. Additions and deductions to value (assists, royalties, etc.)
          E. Related parties
          F. Deductive value
          G. Computed value
        III. Tariff Classification under the Harmonized System (HS)
            A. Structure of the HS
            B. Numerical coding system
            C. Heading and subheadings
            D. Significance of legal notes
            E. General rules of interpretation, GATT (General Agreement on Tariffs & Trade)
            F. United States interpretive rules
            G. Essential character
            H. Concept of sets
            I. Chief weights
            J. Functional unit concept
            K. Composite machines
            L. Specific commodity reviews
            M. Administrative rulings
            N. HS advisory opinions
          IV. Special Classification Programs
              A. Generalized system of preferences
              B. Caribbean Basin Initiative
              C. Israel Free Trade Agreement
              D. NAFTA (North American Free Trade Agreement)
              E. U.S. components assembled abroad
              F. Repairs and alterations
              G. Temporary imports
            V. Opportunities for Duty Savings
                A. Foreign trade zones (FTZ)
                B. Bonded warehouses
                C. Duty drawback
              VI. Special Customs Issues
                  A. Quotas and visas
                  B. Textile labeling
                  C. Country of origin marking
                  D. Other agency requirements (FDA, FCC)
                  E. Antidumping and countervailing duties
                  F. Customs audit
                  G. Enforcement activities
                  H. Fines and penalties
                  I. Accessing information on the internet
              Go to Description    Go to top of Competencies    Go to top of Outline