What is Custom Clearance?
Custom clearance refers to the process of getting goods through customs authorities in order to import or export them from a country. It involves compliance with various customs regulations, submitting necessary documents, paying relevant taxes, and completing necessary inspections. Custom Clearance A customs broker typically handles custom clearance by submitting the required documents and paying any applicable duties or taxes on behalf of the importer or exporter. The custom broker ensures that the goods comply with the regulations and laws and also verifies the accuracy of the information provided on the declaration form. Advantages It ensures that the importer or exporter complies with the country's regulations and that the imported or exported goods are legal. By paying any applicable duties or taxes, customs clearance helps to ensure that the government is able to collect revenue from the import and export of goods. It will avoid delays in delivery Types of Custom Clearance The process of passing goods through...