Trade Compliance

The Customs Modernization Act of 1993 (Mod Act) fundamentally altered the relationship between importers and the Customs Service. The Mod Act shifted the legal responsibility to the importer for declaring the value, classification and other information necessary to assess the correct duty rate applicable to entered merchandise. The Mod Act also required importers to use reasonable care to assure the Customs Services is provided accurate and timely data. Finally the Mod Act increased the maximum civil and criminal penalties for negligent or fraudulent failure to comply with Customs.

Purpose

The purpose of this policy is to ensure that Trimble Navigation meets its responsibility to comply with the import and export laws and regulations of the United States and all other countries where it conducts business. This responsibility is a matter of U.S. law, and failure to meet it exposes the company to shipment delays, monetary penalties, loss of import/export privileges or even criminal prosecution of individual company employees.

Strategies for Success

• Directed Internal Controls
• Risk Assessment
• Management Visibility
• Assessment per Commodity/Product
• Strategic Partner Alliances
• Communication
• Training - Internal/External
• Ongoing Assessment