LAW 724 Study Guide - Final Guide: U.S. Sanctions Against Iran, North American Free Trade Agreement, Planned Economy

• School: Ryerson University
• Department: Law and Business
• Course: LAW 724
• Professor: Daniele Bertolini

Document Summary

How to calculate precise tariff: value of the product, tariff classification, origin of the product, applicable tariff rate, ad duties and cvd. Individual export permit (iep) authorizes specific goods to be exported to a specific destination by a specific exporter: required for us-originating goods exported to iran, cuba, syria and countries on the acl. Other export controls (pg 196: us legislation cu(cid:271)a restri(cid:272)tio(cid:374)s do(cid:374)"t appl(cid:455) i(cid:374) ca(cid:374)ada. Domestic regulation of imports: procedure, customs valuation, tariff classification, rules of origin, tariff schedule, import control. Step 2: release of goods: cbsa makes a decision either to release or to refer the goods. If refer presented to cbsa for examination. Step 3: accounting of goods: goods are accounted for indication of all shipment details and the amount of duty and taxes payable is relayed to the cbsa. Step 4: payment: duties and taxes are paid.