Topic
Customs Compliance
Regulations & Compliance Man Pleads Guilty in $1.7M Scheme Selling 6.5 Million Counterfeit Stamps from China
Kevin Douglas Padgett, 48, pleaded guilty to money laundering for his role in a scheme to sell 6.5 million counterfeit U.S. postage stamps imported from China, generating at least $1.7 million. The case highlights ongoing customs fraud risks for trade compliance professionals.
Regulations & Compliance Plastic-bag manufacturer settles allegations of customs fraud for $7.3M
New York-based RediBagUSA and its CEO Jeffrey Rabiea agreed to pay $7.3 million to settle a customs fraud investigation. The U.S. Department of Justice alleged the company misrepresented the country of origin of plastic bags imported from China as Hong Kong to evade a 77.5% antidumping duty. The settlement resolves a whistleblower lawsuit, with the whistleblower receiving over $1.3 million.
Regulations & Compliance EU's CBAM Poses Major Compliance Challenge for Indian MSMEs; Experts Seek Urgent Government Support
The EU's Carbon Border Adjustment Mechanism (CBAM) presents significant compliance hurdles for Indian MSMEs, who lack the financial and technical capacity to meet reporting requirements. Experts at the PHDCCI Carbon Shift India 2026 conference urged government support, including monitoring technologies and export diversification to Africa and other regions.
Regulations & Compliance CORCA heads to Senate amid heated cargo theft data debate
The Combating Organized Retail Crime Act (CORCA) passed the House 348-60 and awaits Senate action. Supporters and critics debate whether cargo theft data justifies expanding federal role. The bill would create an Organized Retail and Supply Chain Crime Coordination Center within Homeland Security Investigations.
Regulations & Compliance Firm Moved to a New GST Jurisdiction? CBIC Clarifies How Pending Cases Will Be Handled
The Central Board of Indirect Taxes and Customs (CBIC) has issued a circular clarifying that when a registered taxpayer moves to a new GST jurisdiction, the new jurisdictional authority will take over and complete all ongoing proceedings—including investigations, audits, show cause notices, and adjudications—from the stage at which they were transferred. This removes ambiguity that previously caused jurisdictional objections and delays.
Regulations & Compliance FRAI Urges Indian Government to Intensify Crackdown on Counterfeit Goods and Illicit Trade
The Federation of Retailers Association of India (FRAI) has urged the Indian government to strengthen enforcement measures against illicit trade and counterfeit products, citing risks to consumer safety and harm to millions of small retailers. The call came during a seminar titled 'Confronting Illicit Trade in Modern Markets' held in New Delhi.
Trade Montgomery Ruling, Cargo Fraud Dominate Texas Cross-Border Trade Summit
The 9th Annual Modernization of Cross-Border Trade conference in Laredo, Texas, focused on the U.S. Supreme Court's Montgomery v. Caribe Transport II ruling, cargo fraud, and preparations for USMCA 2.0. Hosted by Reliance Partners and Borderless Coverage, the event drew over 500 industry leaders. Panelists highlighted rising legal liability for brokers, evolving carrier-vetting standards, and cargo security risks.
Regulations & Compliance Brazil's Biofouling Rules: $9M Fines Loom for Non-Compliance
Effective June 17, 2026, Brazil's new biofouling regulations mandate commercial vessels over 24m to comply with strict management plans and inspections, with fines up to $9M for violations. Full enforcement begins January 10, 2028.
Regulations & Compliance US Treasury urges banks to monitor migrant transactions
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Regulations & Compliance DACA recipient petitions FMCSA in CDL dispute
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Regulations & Compliance Mehta Challenges SEBI Order on Inflated Revenue
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Regulations & Compliance Govt Updates Immigration and Foreigners Rules 2025
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Regulations & Compliance Tax Relief on Inherited Flat Without Gift Deed
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Regulations & Compliance DHS Clarifies Green Card Process for US Residents
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