- CBP Announces Changes to ISA
- November 15, 2012
- Law Firm: Crowell Moring LLP - Washington Office
The U.S. Customs and Border Protection (CBP) announced changes to the Importer Self-Assessment (ISA) program regarding the requirements for participation in, and benefits under, the program. The ISA program allows participants an opportunity to assess their own compliance with U.S. Customs and Border Protection (CBP) laws and regulations rather than undergoing comprehensive CBP audits.
A company that has successfully undergone a CBP Focused Assessment (FA) audit may be eligible to transition into the ISA program without further CBP review within twelve (12) months from the date of the FA Report. After Regulatory Audit, Office of International Trade, determines that the company represents an acceptable risk to CBP, the company must also meet the following requirements:
- The company is a U.S. or Canadian resident importer
- The company obtains Customs-Trade Partnership Against Terrorism (C-TPAT) program membership
- The company develops a risk-based self testing plan
- The company agrees to meet all of the ISA program requirements
Companies eligible to participate under this new policy will not need to undergo an Application Review Meeting, which is normally required for ISA applicants. The program modifications set forth in this announcement are effective October 5, 2012. Companies that are members of the ISA and C-TPAT programs are also eligible to participate in the Center of Excellence and Expertise (CEE) for their respective industry.