Sunday, January 22, 2012

Tick Tock – Your Triennial Status Report Is Due

In accordance with the provisions of 19 CFR 111.30(d), every licensed broker must file a status report and pay the required fee every three years.  The reports and a check or money order payable to U.S. Customs for $100 must be submitted by February 29, 2012.   Licenses for which no report was filed will be suspended by operation of law on March 1.   Brokers are required to submit the report and fee to the port that originally delivered the license to the broker.  Failure to submit the information to the correct port may result in the report being returned or denied. Although there is no required format for the report, CBP provides a template for the report and some FAQs on their website.

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