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Form CB7 CUSTOMS EAST AFRICAN COMMUNITY BOND FOR.GOODS TO BE SHIPPED PRIOR TO ENTRY I /We. of and. of. hereby acknowledge that I am/ we are bound to the Commissioner in the sum of dollars to be paid to the Commissioner for which payment I / we bind myself / ourselves jointly and severally and also to my / our heirs executors administrators and assigns and every of them firmly by these presents. Dated this day of. 20. I am/We are permitted to ship on board the aircraft / vessel. for certain packages containing. hereinafter called the goods marked all numbered. whereupon the export duties have not been paid and I am/we are required to enter the goods and pay the export duties thereon within ninety six hours after departure of the aircraft / vessel or within such further period as the proper officer may allow. I/We understand that a condition of this obligation is that I/We shall enter the goods and pay to the Customs the full duties thereon within the prescribed time. That I/we further u....

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You can obtain a U.S. Customs and Border Protection bond through a surety licensed by the U.S. Department of the Treasury. Please visit the Bureau of the Fiscal Service for a list of sureties. Many Customs brokers sell bonds and are also agents for sureties.

ing to U.S. Customs and Border Protection (CBP), importers wondering how to get a customs bond can obtain one from a surety licensed by the U.S. Department of the Treasury. It generally takes between 2-5 days to secure a bond. A Licensed Customs Broker can help obtain a customs bond for you on your behalf.

A single entry bond is generally in an amount not less than the total entered value, plus any duties, taxes and fees. The amount of any CBP bond must not be less than $100, except when the law or regulation expressly provides that a lesser amount may be taken.

What is a Customs Bond? A legal contract, usually issued through a licensed Customs broker, between an importer, a Surety company, and US Customs and Border Protection (CBP) that guarantees that the importer complies with Customs regulations.

In most cases, the amount of the bond must be at least 10% of the total duties and taxes paid to CBP annually at a minimum of $50,000....More videos on YouTube. Total Duties & TaxesBond Size$0 - $499,999$50,000$500,000 to $599,999$60,000$600,000 to $699,999$70,000$700,000 to $799,999$80,00011 more rows

The calculation for a Continuous Bond amount is the estimated total duties, taxes, and fees for the previous or next 12 months (whichever is greater), multiplied by 10%. Round up to the nearest $10,000 to get the total bond amount. The minimum Continuous Bond amount for import bonds is $50,000.

Single-entry bonds are generally set at the full value of the goods to be imported, including duties, fees and taxes, and will be set at a minimum of $100. Continuous bonds are usually set at 10% of the value of the various fees paid for importing in the business's previous year of operation.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232