Client A is an international logistics company. Its NVOCC was negotiating a service contract with a European carrier under which it sought to obtain an end-of-contract payment from the carrier. Client was concerned about the potential for violation of the anti-rebate clause of the Shipping Act.
Raymond International actions
We researched the applicability of the Shipping Act to transactions not involving U.S. waters, the applicability of the anti-rebate clause to shippers and what payments were permissible by carriers.
We advised the client on permissible terms and clauses to go into their service contract. As a consequence, the client was able to recoup a significant payment without violating the Shipping Act.
Client B changed its purchase terms on its importations but did not change the way it reported value information on its U.S. Customs entries.
Raymond International Actions
We did an internal audit analysis to determine whether the Customs reporting was compliant. Upon concluding that it was not, we advised the client of its options to address the problem. Based upon that advise, we prepared a voluntary prior disclosure covering 50+ entries over a two year span.
Customs accepted the disclosure and issued no penalties, fines or black marks in the database. The Client saved tens of thousands of dollars and its reputation with Customs.