Customs Clearance

Customs Clearance

Customs clearance is a crucial part of international trade and involves handling the complex procedures and documentation required for clearing goods through customs. Customs Broker (CB) works to remove customs barriers, streamline the clearance and forwarding processes at the origin and destination port and let you take control of your imports and exports. Further, a CB ensures that a shipment meets all standards and regulations for the import or export of goods. Usually, the service includes:

  • Advisory and hands-on assistance in meeting country-specific custom regulations
  • Tariff classification and duty calculation
  • Complying with allied legal frameworks
  • Processing of Bills of Entry or Shipping Bills or Customs Transit Declaration
  • Obtaining Out of Charge (OoC) or Late Export order (LEO)
  • Arranging storage and dispatch of goods in and from customs bonded warehouse

Modern Trends in Customs Clearance

Increased digitization: Governments are pushing for increased digitization in customs procedures, which led to the development of several online portals and platforms. Consequently, this has made it easier for brokers to submit documents and track the progress of their shipments online, leading to faster and more efficient clearance of goods.

Emphasis on compliance: Customs clearance are done with a focus on ensuring compliance with customs regulations and other allied laws. Digitisation integrated with regulation is helping customs brokers to stay updated and compliant with the latest regulations.

Growing demand for specialized services: With the increasing complexity in global trade procedures, there is a growing demand for specialized customs broking services. Consulting services for logistics and supply chain management are helping businesses navigate through complexities of clearance processes more efficiently.

Post Covid-19, CBs have become more competitive and agile in handling customer needs.

Our Expertise in Customs Clearance

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