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Custom Bonds
Helpful Facts
- Customs bond insurance ensures smooth food import operations by guaranteeing compliance.
- Importers must choose between single-entry and continuous customs bonds based on their shipment frequency.
- Tariff fluctuations and regulatory changes directly impact food import costs, making it essential for businesses to monitor bond sufficiency and adjust coverage to avoid shipment delays.
- Accurate duty forecasting and compliance with food safety regulations such as USDA inspections, FDA requirements, and the Foreign Supplier Verification Program (FSVP) help businesses minimize risks.
- Partnering with a professional enhances compliance and efficiency.
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