NEW YORK: The Southern Shrimp Alliance has registered strong support for the proposed revisions in detailed formal comments to CBP. Form 5106 is required from each “person, business firm, government agency, or other organization” that will file an import entry with the agency and is also required of the “ultimate consignee for whom an entry is being made.”
In practice, the information provided on Form 5106 provides “the basis for establishing bond coverage, release and entry of merchandise, liquidation, and the issuance of bills and refunds.” In October, CBP proposed to revise the form to gather additional, detailed information about an applicant company and its officers. The agency asked invited the general public and other federal agencies to comment on the proposed changes.
In light of the proliferation of shell-companies acting as importers of record and other entities acting as importers of record with no U.S. presence.
In comments filed last week with U.S. Customs and Border Protection (CBP), the Southern Shrimp Alliance expressed support for proposed changes to the agency’s “Importer ID Input Record” form (Form 5106).
