IMPORT TARIFFS - LATEST NEWS & UPDATES
The ISF consists of a series of 12 data points shippers, importers, and carriers must submit to CBP when goods are shipped into US ports via ocean freight.
Shippers must provide the following data on the ISF:
Carriers are responsible for submitting their vessel stow plan and Container Status Messages. The ten points required from shippers and two required from carriers give the ISF its more common name, the 10+2 Filing.
The initial filing of the ISF must be completed no fewer than 24 hours prior to the vessel being loaded. Some elements of the filing can be amended while the shipment is in transit, but all updates must be made no later than 24 hours prior to the vessel’s arrival in the US. Inaccurate ISFs, or filings that take place out of the specified time frames, can cost importers up to $5,000 in fines.
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