Advance Customs Brokers takes away the tediousness of filing reconciliations with Customs. Customs regulations mandate accurate import values be declared on the import entry - meaning the actual amount returned to the shipper, including any advances. Since many produce importers purchase “on consignment” or act as a selling agent on commission, the actual value returned to the shipper is not known at the time of importation. Thus, the Reconciliation Program for these types of imports allows the importer to enter the produce with the best available information, flagging it for reconciliation. At the end of the “season” when the actual value is known, a reconciliation entry is filled with the correct information.
Advance Customs Brokers provides guidance and direction to meet requirements of the Food Safety Modernization Act (FSMA), signed into law by President Obama on Jan. 4, 2011. This act enables FDA to better protect public health by strengthening the food safety system and sets forth a variety of preventive control standards that producers and processors must comply with to improve food safety. Under this law, FSMA requires domestic and foreign facilities that manufacture, process, pack or hold food for human or animal consumption in the U.S. to register with FDA or face penalties.