BIS Orders $250,000 Fine Over Attempted Shipment to China
The Bureau of Industry and Security ordered Fulfill Your Packages (FYP) to pay a $250,000 civil penalty, $190,000 of which will be suspended for two years as long as FYP doesn’t violate the Arms Export Control Act, BIS said (here).…
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
The agency claims that FYP tried to evade the Export Administration Regulations in connection with the attempted 2014 export of a thermal imaging camera to China without a required Commerce export license, using a U.S. Postal Service shipping label and customs declaration falsifying the items as “metal parts” valued at $255, even though BIS estimates the camera’s value at $2,617. BIS’ Office of Export Enforcement on stopped the export, BIS said.