Customs Modernization Act

Customs Modernization Act

Legislation in the United States, passed in 1993, that sought to improve enforcement of customs and audits. At the time, it was one of the most sweeping changes to U.S. Customs in more than 200 years. The Act, which is commonly called the Mod Act, was part of larger legislation to bring the U.S. into compliance with the North American Free Trade Agreement.
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The Customs Modernization Act of 1993 allowed documentation to be submitted to CBP electronically.
A lawmaker has called for the enactment of the proposed Customs Modernization Act, which is one of the priority measures of the administration and complements the anti-corruption drive of President Aquino who highlighted the gains of the government's good governance campaign during last week's 23rd World Economic Forum (WEF) on East Asia.
trade and customs statute, including antidumping, countervailing duty, export control and economic sanctions laws, the Foreign Corrupt Practices Act, the Customs Modernization Act, section 201 (escape clause), section 301 (violations of U.
Although Customs has worked closely with the trade industry since the Customs Modernization Act of 1993, it still needs assurance that companies are following the rules.
Customs prior to the 1993 Customs Modernization Act (the "1993 Act") resulted in policies, procedures, and regulatory interpretations that could and did differ from region to region and even port to port.
4) Carr and Crum examined the potential impact of the Customs Modernization Act on international logistics.
These include participation in the development of legislative, regulatory and policy issues such as the Customs Modernization Act, the North American Free Trade Agreement, and the creation of the Department of Homeland Security.
Abu (2nd District, Batangas) is author of HB 3339 or the proposed Customs Modernization Act (CMA) of 2013 which seeks to align customs administration with the guidelines set under the World Customs Convention (WCO) of which the Philippines is a member.
The new Customs Modernization Act has placed heavy responsibility for compliance on the importer, explained Douglas J.
Utilizing Vastera clients can effectively monitor, interpret and respond to complex trade and national security requirements such as the Patriot Act, the Export Administration Act, the Customs Modernization Act of 1993, as well as pending regulations including the Trade Act of 2002 and the Port & Maritime Security Act.
Under the Customs Modernization Act, importers face penalties if they fail to exercise 'reasonable care' in the conduct of their customs business.
Customs Service from 1993 until 1997, where he led its reorganization and modernization efforts under the Customs Modernization Act.
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