In this lesson we're going to go over the 7501 basics the 7501 is broken into three distinct areas the top part of the screen is for the summary information so as you're doing your invoices and your HCS lines it is accumulating those values, and it will show you the total value the total weight and the total charges as you're doing your work, and then you can see on the right-hand side of the screen it has the HF and MPH checked off as needed the informal fees and all of that is built-in if you did check the ref in the base file entry then it would check here so that you'll always know that you did do, or you set the system up to do a ref entry the middle of the screen is the invoice information and this is where you do enter the invoices separately and then at the bottom of the screen is where you're going to put in your HTS numbers, and we'll go through that right now, so we're going to do a basic entry, and we're going to put number one because this is going to be our first invoice so if you had a second invoice once you're done with the first one you would put a number two there three four so on and so forth if you have seen our other training videos or have used our tool you'll know that whenever you see a down arrow that means there's more information so for the pay type you have your insurance CIF or GDP entries, so you would put in whatever type of entry that you're working on then we're going to enter our commercial invoice number then it takes us down to the currency we default...
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About Cbp Form 7501
CBP Form 7501 is a customs declaration form that is used by individuals or businesses to provide information on goods being imported and/or exported. The form is required by the U.S. Customs and Border Protection (CBP) agency to obtain clearance for goods entering or leaving the United States. The form is needed by anyone who is importing or exporting goods into or out of the United States, including individuals, importers, customs brokers, and freight forwarders. The form is also used by the CBP to assess taxes and duties on imported goods, monitor trade statistics, and enforce trade agreements. It is important to fill out CBP Form 7501 accurately and completely to avoid any delays or penalties in the processing of the goods.
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