ARE YOU READY FOR RECONCILIATION?

Are you familiar with the ACS Reconciliation Prototype (Reconciliation) program? Did you know that your current U.S. Customs Broker will play a very crucial part in this U.S. Customs program? Is your current U.S. Customs Broker prepared for this highly automated U.S. Customs program? If you are not using CORRIGAN DISPATCH COMPANY your answer is probably NO!

The Reconciliation program will allow the importer of record, using reasonable care, to file entry summaries with Customs using the best available information, with the mutual understanding that certain elements (such as the exact declared value, HTS 9802 value, classification, and NAFTA eligibility) remain outstanding. At a later date, when the specifics have been determined, the importer files a Reconciliation, which provides the final and correct information. The Reconciliation is then reviewed by Customs, and liquidated, with a single bill or refund, as appropriate. Starting October 01, 1998, the Reconciliation Prototype will be the exclusive means to reconcile entries.

In order to participate in this prototype, a written application will have to be submitted to the U.S. Customs Service. Visit the U.S. Customs Service web site to optain an application that you will need to fill out and submit to the U.S. Customs Service. It is very important that you contact one of our four offices before submitting this application to the U.S. Customs Service.

The MAJORITY of this work will be done ELECTRONICALLY. Based on the information provided by the importer, the U.S. Customs Broker will be responsible for "flagging" (either individually or via a blanket application) the entry summary, providing Customs with a "notice of intent" to file a Reconciliation. At a later date, the reconciled entry is filed, and the payment of duties, taxes, fees, and interest is made. All back up information used to prepare the reconciled entry will be kept by the importer unless requested by Customs. THERE WILL BE NO PAPERWORK SUBMITTED TO CUSTOMS!

Is your current U.S. Custom Broker prepared for this highly automated U.S. Customs Program? CORRIGAN DISPATCH COMPANY has developed the software necessary to ensure that clients are able to comply with the Reconciliation program! Are you prepared? Don't be left out, because the consequences will not be good!

If you are not on the Reconciliation program, you will have to reconcile every entry, line item by line item, manually. Whereas, if you are on the Reconciliation program your Broker will be able to reconcile all of your entries, electronically.

Do not take the chances of any work being done MANUALLY; let CORRIGAN DISPATCH COMPANY do it ELECTRONICALLY FOR YOU!

CORRIGAN DISPATCH COMPANY is ready to assist you in co mplying with all of the U.S. Customs programs, rules and regulations! - Call us today!

CHEERS!


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