10+2: A Comprehensive Guide to Importer Security Filing Regulations

Definition & Meaning

The term "10+2" refers to a regulation established by the U.S. Customs and Border Protection (CBP) aimed at enhancing security for cargo shipments entering the United States. Announced in 2008, this regulation mandates that importers provide ten specific data elements, while carriers must disclose two additional elements related to cargo. Collectively, this requirement is also known as the Importer Security Filing (ISF).

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Real-world examples

Here are a couple of examples of abatement:

For instance, a company importing electronics from China must provide the required ten data elements to CBP before the cargo arrives at a U.S. port. This includes details about the manufacturer and the country of origin. The shipping carrier must also submit the vessel stow plan and container status messages to comply with the 10+2 rule.

Comparison with related terms

Term Description
Importer Security Filing (ISF) Another name for the 10+2 rule, focusing on the security of cargo entering the U.S.
Customs Bond A contract ensuring that duties, taxes, and penalties owed to CBP will be paid.
Bill of Lading A document issued by a carrier to acknowledge receipt of cargo for shipment.

What to do if this term applies to you

If you are an importer or carrier, ensure that you understand the 10+2 requirements and gather the necessary data elements well in advance of shipment. You can explore US Legal Forms' templates for guidance on preparing the required documentation. If you find the process complex, consider seeking professional legal assistance to ensure compliance.

Quick facts

  • Typical fees: Varies based on the nature of the cargo and the carrier.
  • Jurisdiction: U.S. Customs and Border Protection.
  • Possible penalties: Fines for non-compliance can be significant.

Key takeaways

Frequently asked questions

Failure to comply can result in fines and delays in cargo processing.