Export Compliance Webinar:
EEI filing, Routed & Non-Routed Transactions
10:00 a.m. - 11:00 a.m. EST
Accurate & Timely EEI Filing is important.
It is the responsibility of the U.S. Principal Party in Interest (USPPI), or the individual who benefits the most from the export transaction (usually the exporter or seller), to prepare and file the EEI.
Monetary and criminal penalties can be imposed on exporters who fail to file a complete, true, accurate and timely EEI. Late, incorrect, or non-filing of the EEI is a violation of the Foreign Trade Regulations (FTR) and subject to a fine of $1,100 per day up to a maximum of $10,000.
Topics covered include
Understanding & Applying the Terminology
Roles of the USPPI, FPPI, and Authorized Agent
EEI Compliance & the data required
Routed and Non-Routed Transactions
Setting up ACE reports & Audit programs