What Is Custom Clearance or Custom Broking Service?

5 Oct

Custom clearing or broking is a significant part of overseas transportation for importer and exporters that ensure hassle free approval from government agencies for both importing and exporting goods from one country to another. The job involves calculation of transportation fees, taxes, duties, and excises for clients. A customer broker communicates with national and international government agencies on behalf of importer and exporter and completes several other formalities to clear the shipment.

There are various custom clearance agencies that specialize in the domain and work for international transportation companies. It requires rich industrial experience and understanding of the entire shipping process to execute the task with flawlessness. Apart from being associated with custom clearance company, a freight forwarder also appoint in-house custom broker so that they can deal with actual custom clearance company efficiently and comprehend the nitty-gritty of custom laws.

Custom broker are not government agents but they need to have a licence from authorized government organization to be in the field. They can work independently or be associated with fright forwarders, traders, importers/exporters and shipping companies.

According to International Federation of Customs Brokers Associations (IFCBA): “Customs brokers bring critical business information together to clear their goods safely, securely and quickly; and manage your business data to ensure your goods meet Customs’ requirements.”

Why do you need an excellent Custom Clearance Service?

Many a time, due to lack of efficient or careless custom practices, your consignments are seized on air or sea ports, which is never a good news for both importer and exporter. Organizing your custom practices you can simply avoid any kind of unpredictable collapse. You not only save on time by regulating your business smoothly but also remain in good books of government agencies.

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