Key Takeaways
- A temporary importation under bond, informally known as a temporary import bond (TIB), is an agreement between an importer and the US government
- A temporary import bond lets you bring goods in without duty, as long as they are exported again or destroyed
- Goods can remain in the US for up to one year, with possible TIB extension
- Imported items must qualify under specific Harmonized Tariff Schedule of the United States (HTS) subheadings and cannot be sold or given away
- To prove export, provide acceptable documents including Customs Form 3495 and a certified Bill of Lading
- Incomplete documentation, incorrect valuations, and failure to follow CBP regulations can lead to penalties