Glossary of Terms
CBP - U.S. Customs and Border Protection - the unified border agency within theDepartment of Homeland Security (DHS). CBP combined the inspectional workforces
and broad border authorities of U.S. Customs, U.S. Immigration, Animal and Plant
Health Inspection Service and the entire U.S. Border Patrol
Dangerous/Hazardous Goods Statement - a statement by the shipper required by theUS Department of Transportation when hazardous material is shipped
Foreign Shipper’s Declaration - a statement by the overseas person shipping back aUS made product as to when they were shipped to them and that they were notadvanced in value overseas
GSP - General System of Preferences, an arrangement whereby the US and otherdeveloped countries give preferable treatment to certain products of specificunderdeveloped countries
Importer’s Declaration - a statement by the US importer that the Foreign Shipper’s
Declaration is true, the goods were made by a specific company in the US and that they
were shipped without benefit of drawback
INCOTERMS – also referred to as Terms of Sale and are standardized trade definitions.
Most commonly used in international contracts, thus reflected on the sales invoice.
Ensure buyers and sellers understand each other’s expectations and responsibilities.
Were created by the ICC (International Chamber of Commerce, and are protected byICC copyright. Are reviewed every 10 years and regularly updated to keep pace withthe ever-changing world of international trade. Latest edition is the Incoterms 2000.
(Appendix C)
Invoice Value - the total price shown on a sale document for the goods that wereshipped
NAFTA - North American Free Trade Agreement, an arrangement among Canada, theUS and Mexico to afford favorable treatment to each others’ productsNon-dutiable Charges - amounts that can be legally deducted from the invoice value
for Customs purposesPower of Attorney - A Power of Attorney is a legal instrument that is used to delegate
legal authority to another. The person who signs(executes)a Power of Attorney is called
the Principal. The power of Attorney gives legal authority to another person(called anAgent or Attorney-in-Fact) to make property, financial and other legal decisions for thePrincipal.
These instructions are to be used as a general guideline for Exporting/Importing. This information isprovided to assist GRACE suppliers when Exporting/Importing to GRACE. These procedures cannot beinterpreted as a substitute for compliance to applicable governmental regulations. If your company isdesignated as the Exporter/Importer of Record, it is your legal responsibility to understand and comply
with Export/Import Regulations of the appropriate counties.
Rev. 4/19/07

SAP - Systems, Applications and Products, a software product used by Grace fororders, sales, payments, inventory and production
Textile Declaration - a statement required for entry of textile products stating thecountries and processes through which the goods passed before they arrived at the US.
TSCA – Congress enacted the Toxic Substances Control Act (TSCA; the Act) in 1976.
[Public Law 94-469, October 11, 1976] Under TSCA, EPA is given broad authority toissue regulations designed to gather health/safety and exposure information on, require
testing of, and control exposure to individual chemical substances, chemical mixtures,and articles. If the chemicals are in a class excluded from TSCA you make a negative
TSCA statement, and if they are in a class included in TSCA jurisdiction you make apositive TSCA statement.

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