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Inventory Tracking System(s)

Posted on May 31, 2013

The system(s) utilized for tracking merchandise in and out of zones. It allows for complete accountability of the merchandise received and shipped including adjustments and can be computerized, manual or… Read More

Inventory Tax Exemption

Posted on May 31, 2013

The exemption from taxation by the State granted to tangible personal property reported as “inventory”.

In-Transit Merchandise

Posted on May 31, 2013

The term “in-transit merchandise” includes all foreign merchandise transported into and out of the United States, whether in and out of the same port or across the country to another… Read More

In-Bond Merchandise

Posted on May 31, 2013

Any merchandise, other than explosives and merchandise the importation of which is prohibited, arriving at a port of entry in the United States may be entered, under such rules and… Read More


Posted on May 31, 2013

Foreign merchandise of every description (except articles specifically and absolutely prohibited by statute) entered into Customs territory to become a part of the domestic supply for the purpose of domestic… Read More

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