ELECTRONIC FILING FOR ALL SHIPMENTS REQUIRING SED NOW MANDATORY
The U.S. Census Bureau has issued the final rule, which is
requiring mandatory filing of export information through the
Automated Export System (AES) or through the AESDirect for all
shipments where a Shipper’s Export Declaration (SED) is required,
effective July 2, 2008. There will be a 90-day implementation
period, which ends September 30, 2008. After that, you must file
your export information electronically through the AES or
AESDirect. These new regulations, published in the Federal
Register on June 2, 2008, have tougher penalty provisions that
affect everyone in the export process. Penalties may be imposed
per violation of the Foreign Trade Regulations (FTR) from $1,100
to $10,000 both civil and criminal. Anyone submitting paper
SEDs after September 30, 2008, will be in violation and subject
to penalties. For more information on this important rule,
please visit: http://www.census.gov/foreign-trade/aes/mandatory/index.html
About us:
The U.S. Export Assistance Center of the U.S. Department of
Commerce is part of the U.S. Foreign Commercial Service, an
extensive network of trade specialists located throughout the
world devoted to assisting U.S. companies expand their
international business presence. With offices in 105 cities
throughout the U.S. and in more than 150 cities in 83 countries,
we're strategically placed to help U.S. firms realize their
export potential.
Our trade experts assist U.S. firms in exporting their products/services by providing comprehensive counseling and advice, through timely and accurate intelligence regarding foreign markets, by identifying qualified international buyers and representatives, by advocating on their behalf, and by providing comprehensive solutions to whatever challenges they may encounter.
Let us show how we can help your business compete and win in today's global economy. We can help:
- identify and evaluate international partners
- navigate international documentation challenges
- create market entry strategies
- provide other export related guidance
The U.S. Export Assistance Center is part of an international network of global professionals. We have 165 offices in 82 countries throughout the world. For more information on how we can help your company succeed in the global marketplace, please visit our services page.