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| | C. A. Shea & Company, Inc. |
 | | The 301 Bond Form is a multi-purpose document used for a range of activities from importing or operating a bonded warehouse to serving as a bonded truckmen or operating an international shipping fleet or airline. |
 | | Single Transaction - Bond is usually completed for either an amount equal to the value of the merchandise plus the duty and other fees and taxes or, for certain merchandise as determined by U.S. Customs, an amount equal to three (3) times the value of the merchandise. |
 | | Continuous - Bond amount is usually equal to 10% of the duty and other import taxes paid in the previous year, in multiples of $10,000 if the duties are less than $1,000,000 or multiples of $100,000 if the duties are over $1,000,000. |
| www.cashea.com /custom_over.php (844 words) |
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