What the Heck is a Routed Export Transaction?
A routed export transaction occurs when a foreign purchaser, or foreign principal party in interest (FPPI) requests to have their merchandise retrieved by a freight forwarder or other agent who has been contracted by the foreign purchaser to export the merchandise from the United States.
Did you know that even though the FPPI is “controlling” the export transaction, the USPPI still has responsibilities? The USPPI is responsible for providing their name, address and all the commodity information to the filing agent.
Share: https://compliance.jas.com/ComplianceBlog/Blog68/Tidbits-January-2016
Share Category "2016 - Q1":
https://compliance.jas.com/ComplianceBlog/BlogCategory44/2016--Q1
Share Category "Tidbits":
https://compliance.jas.com/ComplianceBlog/BlogCategory4/Tidbits