Informed compliance
Also called: shared responsibility
The principle, introduced with the Customs Modernization Act, that CBP and the trade share responsibility for compliance: CBP informs the trade of its obligations through rulings and publications, and importers act with reasonable care. CBP publishes informed compliance guides on topics such as classification and valuation.
In practice
CBP's informed compliance publications are a practical reference when deciding classification or valuation questions.
Applies to: 
USA
Related terms
- Reasonable care
- The legal duty of US importers, introduced by the Customs Modernization Act of 1993, to use reasonable care in declaring classification, value,…
- CROSS ruling
- CROSS is CBP's searchable database of binding rulings on classification, origin, marking and valuation. Rulings are issued on request under 19 CFR…
- CBP
- The US federal agency within the Department of Homeland Security responsible for customs and border control, including collection of duties,…