International Trade Law News /title <!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Strict//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd"> <html xmlns="http://www.w3.org/1999/xhtml" xml:lang="en" lang="en"> <meta name="verify-v1" content="6kFGcaEvnPNJ6heBYemQKQasNtyHRZrl1qGh38P0b6M=" /> <head> <title>International Trade Law News

« Home | U.S. Customs and Border Protection Seizes Counterf... » | Comments on Proposed Change to First-Sale Rule Posted » | Kewill and Strasburger to Hold Roundtables for Exp... » | May 8, 2008 NCITD Meeting to Feature Speakers on B... » | EPA Issues TSCA Import Compliance Checklist » | At Trade Show, China's Police Shop for the Latest ... » | U.S.-China Economic and Security Review Commission... » | Commerce Department Unveils "Colombia Tariff Ticker" » | Senate Committee Holds Hearing on Export Licensing... » | Bureau of Industry and Security Announces Commerce... » 

May 04, 2008 

BIS Imposes $31,500 Penalty on California Company For Violating Deemed Export Rule

The Commerce Department's Bureau of Industry and Security (BIS) recently imposed a $31,500 penalty on TFC Manufacturing Inc., a Lakewood, California-based aerospace fabrication facility, for violating the "deemed export" rule.

According to the Settlement Agreement and Proposed Charging Letter, BIS alleged that between March and April 2006, TFC engaged in the unlicensed released in the U.S. of technology for the production of aircraft parts (classified under ECCN 9E991) to an employee who was a national of Iran. Pursuant to the deemed export rule in section 734.2(b)(ii) of the Export Administration Regulations (EAR), the release of technology to a national of Iran is deemed to be the export of the technology to Iran and is prohibited without a license.

This penalty was imposed under the increased penalty provisions of the IEEPA Enhancement Act.

Labels: ,


Editor

Subscribe

Subscribe to our confidential mailing list

Mobile Version

Search Trade Law News

International Trade and Compliance Jobs

Jobs from Indeed

Archives

Categories

Disclaimer

  • This Site is presented for general informational purposes only and does not constitute legal advice. No attorney-client relationship is formed when you use this Site. Do not consider the Site to be a substitute for obtaining legal advice from a qualified attorney. The information on this Site may be changed without notice and is not guaranteed to be complete, correct or up-to-date. While we try to revise this Site on a regular basis, it may not reflect the most current legal developments. The opinions expressed on this Site are the opinions of the individual author.
  • The content on this Site may be reproduced and/or distributed in whole or in part, provided that its source is indicated as "International Trade Law News, www.tradelawnews.com".
  • ©2003-2015. All rights reserved.

Translate This Site


Powered by Blogger