As you close out 2021 and finalize goals and budgets for 2022, consider the following:
2022 Budget
• HTS, Value, Origin, Section 201/232/301, Forced Labor (WRO) Validation
• 2021 Import/Export Records Review
• Update Import/Export Manual
• Miller & Company Remote Audit/Assessment
• 2022 Import/Export Training
• Internal Experts
• Business Units
• Miller & Company Webinars
• Merger/Acquisition - Import/Export Due Diligence
• Miller & Company Webinars/Specialized Training
IMPORT/EXPORT YEAR-END CHECKLIST/2022 GOALS
• Verify 2022 HTSUS Updates
• Issue and Obtain Blanket FTA Certificates of Origin before Jan. 1
• Confirm USMCA Compliance
• Verify End-of-Year Transfer Pricing Adjustments and Confirm Customs Value Implications
• CTPAT Supply Chain Review
• Review E.U. Section 232 (Steel/Aluminum) TRQ Strategy Impact Analysis
• Consider Section 232 Product Exclusions
• China Section 301 Impact Analysis/Product Exclusion
• Update Import/Export Procedures Manual
• Review Import Bond Amount Sufficiency
• Export Controls
• Review Embargoed/Sanctioned Country
• Consider Increased China Restrictions
FTZ YEAR-END CHECKLIST/2022 GOALS
• Update FTZ Operations Manual
• Review FTZ Scope of Authority/Land/Buildings
• FTZ Yearly Blanket CBPF 216 Renewal
• Review FTZ Operator Bond Amount Sufficiency
• CBP FTZ Annual Reconciliation Systems/Review and Certification Letter (with any necessary CBPF 214 or Customs Entry)
• FTZ Board Annual Report
• Assess New FTZ Savings Opportunities for 2022