Introduction –
Many people who are into exports or do exports are aware of the ITN number. ITN is also known as an “internal transaction number.” It is a 14-digit number that agrees with or resembles an export transaction in the AES system, i.e., the Automated Export System. The ITN number can also be seen as proof that the person exporting has met or fulfilled their legal duties to inform the government of the USA about the information of the export shipment. For all the shipments that are of high value and overseas and which is more than $2500, the ITN number should be obtained. Also, in some other circumstances, an ITN number is required. Besides that, you can think of an ITN number as similar to a receipt number that you get from the AES or a confirmation number. Apart from that, the government agencies and the regulars in the industry most of the time refer to it as “proof of filing citation.”
Who Makes Use of the ITN Number?
On submission, the ITN number is on its own or automatically generated by the AES. This number is used by agencies like the Census Bureau and the CBP (Customs and Border Protection), as well as indirectly by other firms. The Census Bureau will total each shipment identified by the ITN into US export statistics. To look up the particulars of outbound shipments, the CBP will use the ITN and also make sure that all is in compliance with the regulations. If the exporter or the sender doesn’t get an ITN for any shipment that is valued at more than $2500 and sent through the postal service of the USA, then the CBP may return the item and impose a fine. So, if you are sending something out of the US that is more than the value mentioned above or exporting an auto, make sure to file for the ITN to make sure that the passage is secure for export.
Legal Liabilities When Filing an Export in AES:
As per the foreign trade regulations of the US, both the exporter [ in legal terms, the USPPI, i.e., United States Principal Party of Interest] and the authorised agent have certain liabilities when they file an export in the AES (Automated Export System). If you receive an AES ITN through the simplified trade solutions, then they are your authorised agent.
Liabilities of the Authorized Agent and Exporter
- to file an accurate and complete report.
- to file details or information in time and give them a business day prior to the deadline.
- Reply to any kind of major error, warning, or verification, and to reminder messages and alerts of compliance created by the AES.
- Give the exporting carrier the needed proof of filing citations or exemption legends.
- In time, file the cancellations or corrections to your electronic export information as needed.
- Retain all needed and appropriate documentation related to export transactions. The time frame for this is commonly 5 years, as stated.
USPPI (Exporter) Liability:
- The exporter can file the EEI by themselves or authorize an agent to do the same, like to make and file the export in AES on their behalf.
- Give the authorised agent the accurate and on-time export information needed to file the EEI, or electronic export information.
- Give the authorised agent the power of attorney or written authorization to file in AES.
- collecting documents to support the details or information provided to the authorised agent.
