WebCommercial bonds are a general type of surety bond required for companies to obtain or maintain various licenses and/or permits. Oftentimes, SuretyBonds.com can issue a … WebCommercial Gauger Bond Conditions (a) Commercial gauger bond conditions. A commercial gauger's bond shall contain the conditions listed in this section and shall be a continuous bond. (1) If the principal is a commercial gauger whose reports of gauging or whose samples are accepted for Customs purposes, the

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WebThe amount of the bond is usually a function of the type and value of the merchandise, with the lowest level of a continuous importer’s bond set at $50,000. Bond premiums are typically 1% of the coverage, thus there would be an annual premium of $500 for a $50,000 bond coverage. Web(a) What is a “Customs-approved gauger”? “Commercial gaugers” are individuals and commercial organizations that measure, gauge, or sample merchandise (usually … interrogatories and request for production wa

Customs Bonds Explained - Roanoke - RoanokeGroup.com

WebNov 27, 2024 · LLC (La Porte, TX), as a commercial gauger. SUMMARY: Notice is hereby given, pursuant to CBP regulations, that AmSpec LLC (La Porte, TX), has been approved to gauge petroleum and certain petroleum products for customs purposes for the next three years as of June 12, 2024. DATES: AmSpec LLC (La Porte, TX) was approved, as a … WebAn importation which includes both merchandise subject to Other Government Agency (OGA) requirements and merchandise NOT subject to any additional requirements may … WebA customs bond is a binding contract that acts as a financial guarantee between three parties: the Surety – issuer of the customs bond, U.S. Customs & Border Protection, and the Importer of Record. Customs & Border Protection requires a customs bond for commercial imports valued at $2,500 or more. newest self driving car