GISTnet Tips: 27 Feb 2001
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General: When your shipment is covered by marine cargo insurance with an "all risks" clause does that really mean you are covered for ALL possible risks? See GISTnet glossary definition at http://www.gistnet.com/sub/glossary/all-risks_clause.html. Customs Brokers/Importers: Have you seen our interactive CF7501 yet? Go to http://www.gistnet.com/library/2/exhibits/CF7501-description.html. Scroll down and click on any box of the 7501 to see a detailed explanation of what data goes in that box. Keep scrolling down, there is a continuation page which includes examples of different types of merchandise, products subject to anti-dumping, U.S. Goods returned, and beer subject to I.R.Tax. Freight Forwarders/Exporters: Are you current on your understanding of the Foreign Trade Statistics Regulations (FTSR, by the Census Bureau), and the Export Administration Regulations (EAR, by the BXA) with respect to freight forwarders? These regs were significantly revised mid-2000, with mandatory usage effective October 2000. See GISTnet library explanation at: http://www.gistnet.com/sub/text/56:q2020.html.