Abstract
An essential step before products may be imported or exported abroad is customs clearance. When a cargo is cleared, the shipper must present proof that the necessary customs fees have been paid before the shipment may be processed. Every imported item requires payment of a customs charge. Every imported commodity is subject to customs duty, a type of indirect tax. For instance, last week we imported tractor tyres from Sri Lanka; these tyres included a proportion of a customs duty that we had to pay. Additionally, some items fall under the HS code. When the package has been cleared, the shipper is given a document stating that all customs fees have been paid and that the shipment can continue. The customs clearance procedure is often handled by a goods forwarder, but you can also opt to work with a customs broker. Whether you want to send goods abroad by air or water, customs clearance is a need. Before the shipment may depart the port or airport of origin, the shipper must get the export clearance. Prior to the delivery of the goods to the consignee, import clearance is necessary in the destination nation. Customs tariff: A tariff is a levy imposed on the import or export of commodities by the government of a nation or of a supranational union.
Keywords
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