CBP Form 301 Customs Bond

CBP Form 301 Customs Bond

What Is CBP Form 301?

CBP Form 301, Customs Bond , is filled out as a guarantee of the payment of fees, taxes, and duties as well as compliance with the law applicable to goods or activities. It is an agreement between a principal, obligee, and surety. In this case, Customs and Border Protection (CBP) is an obligee, importer, or another party that takes an obligation to pay taxes or perform duties is a principal. An insurance company that guarantees the principal will fulfill its obligations is called a surety. The surety takes over the said obligations in cases when the principal cannot fulfill them.

Alternate Name:

  • CBP Customs Bond.

The CBP 301 allows you to obtain two types of CBP customs bonds:

  1. A "Single Transaction Bond," used for one-time import at a specific port.
  2. A "Continuous Customs Bond," used if you need to use it multiple times and at more than one port.

The latest version of the CBP 301 Form was released on December 1, 2022 , and is available for download below. The document is related to the CBP Form 301A (Addendum to CBP Form 301), a form used as an addition to the customs bond. Complete it when you need to register more than two co-principals.

ADVERTISEMENT

CBP Form 301 Instructions

Fill out the CPB 301 Form when the total cost of the goods you import exceeds $2,500. Additionally, you need to complete this form when importing potentially hazardous objects, like firearms. Filing instructions are as follows:

  1. Indicate a number that identifies you as the filer of the bond in "Broker Filer Code."
  2. Enter the 9-digit self-generated number in "Surety Reference Number." The surety may choose to submit the SRN instead of the SSN.
  3. Provide the date when the last surety or principal representative signed the form in "Execution Date." For continuous bonds, this date must coincide with or precede the effective date. For single transaction bonds, the date will concur with or forego the transaction date.
  4. Choose between a single transaction or a continuous bond in Section I. For single transaction bonds, enter the identification of transaction (e.g., seizure number or entry number), transaction date, and the 4-digit port code. Enter an effective date if you have chosen a continuous bond.
  5. Choose the activity code in Section II. You are allowed to check two boxes only if you choose code 3 or 3a. All other cases require checking a single box. This form is not applicable for codes 12, 14, 15, and 17 unit further notice.
  6. Enter the amount of the bond next to the chosen code in the "Limit of Liability" column. Indicate full name, legal description, physical address (P.O. Box is not applicable), and state of incorporation.
  7. Enter the CBP identification number; include both a two-digit suffix code and an eleven-digit number if you use the Internal Revenue Service Employer Identification Number.
  8. Provide a signature, name, and title of a party that has authority to bind the principal to this bond.
  9. Check the box if the seal is required by state law and affixed or electronically submitted to the CBP.
  10. Indicate email address for receiving notice of service. Provide the name, legal description, physical address, the three-digit identification code of the surety, and the ID number of an agent.
  11. Provide the signature, name, and title of the individual that is authorized to bind the surety to this bond and check the appropriate box if a seal is required under state law.

Page 2 is entirely optional. It is used to list co-principal, co-surety, trade names, and unincorporated divisions permitted to use this bond.

Other Revisions

Download CBP Form 301 Customs Bond

4.6 of 5 (119 votes)
  • CBP Form 301 Customs Bond

    1

  • CBP Form 301 Customs Bond, Page 2

    2

  • CBP Form 301 Customs Bond, Page 3

    3

  • CBP Form 301 Customs Bond, Page 4

    4

  • CBP Form 301 Customs Bond, Page 5

    5

  • CBP Form 301 Customs Bond, Page 1
  • CBP Form 301 Customs Bond, Page 2
  • CBP Form 301 Customs Bond, Page 3
  • CBP Form 301 Customs Bond, Page 4
  • CBP Form 301 Customs Bond, Page 5
Prev 1 2 3 4 5 Next
ADVERTISEMENT