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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Kent said his first major lobbying successes on behalf of the NCBFAA involved securing passage of the 1993 Customs Modernization Act, which contained fundamental changes in the way the U.S.
He is a co-accused in a related case before the Manila RTC, this time involving drug smuggling in violation of the Customs Modernization Act.
'Yong ayaw pagtupad ng Bureau of Customs (BOC) at ng Department of Finance (DOF), in the spirit of the Customs Modernization Act we passed in 2016, the pre-shipment inspection is already provided for,' Atienza said in a press briefing.
The passage of the Customs Modernization Act is a step in this direction, as it will reduce opportunities for corruption and technical smuggling, said Esguerra.
The Customs Modernization Act of 1993 allowed documentation to be submitted to CBP electronically.
Among the best ways to demonstrate"daang matuwid" as the prime legacy of the Aquino administration will be the passage of the Freedom of Information Act, one of the campaign promises in 2010, and the Customs Modernization Act.
To understand the complexity surrounding customs audits, one has to understand the changes brought about by the Customs Modernization Act of 1993.
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.
This voluntary compliance was institutionalized in the Customs Modernization Act of 1995; (8) commonly known as the "Mod Act." The Act created certain obligations on the part of the importer to use "informed compliance" and "reasonable care." Before the act, the importer's sole obligation was to describe his or her merchandise honestly.
The United States, for instance, has spent the last five years implementing (incompletely) its Customs Modernization Act and struggling to fund conversion to its next generation of entry automation (the Automated Commercial Environment, or "ACE").
Included in the NAFTA implementation legislation is Chapter VI, the Customs Modernization Act (Modernization Act).(2) This Act impacts all transactions involving the importation of merchandise into the United States, not just importations from Canada and Mexico.
Heaver discussed the role of customs on the efficiency of international logistics in his comparative study of the customs administrations of four countries.(4) Carr and Crum examined the potential impact of the Customs Modernization Act on international logistics.(5) Anderson et al.
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