Customs declaration and clearance are both key elements in international trade as they ensure that the importing and exporting countries’ requirements are met, which in this case are their laws. These processes include the filing of documents, assessing and paying duties and taxes, as well as fulfilling other legal requirements. This article discusses the various classifications of customs declaration and clearance while also stating the main difference of each classification.
There exists two types of customs declaration: formal and informal. Informal customs declaration is used for small shipments including personal effects, which means the process is simpler and faster. However, for large scale commercial imports and exports, formal customs declaration is used with greater detail and all documentation on the goods is accounted for.
On the one hand, customs clearance is the obtaining of permission granted to a specific importer or exporter by the appropriate customs authority to allow them to bring the goods across the borders. This includes presenting documents such as invoices as well as packing lists and certificates of origin while paying any due duties and taxes.
The aspects that set Customs Declaration and Clearance include the depth of the process, their order, the resources and time required alongside the risks involved not just for the logistics providers but also for the importer or exporter. Customs clearance traces the process of getting goods in and out of the country whilst declaration includes a document that basically serves as a notice to customs that a shipment is prepared to be contacted. These processes tend to find themselves interlinked with declaration being mandatory for clearance to be done.
Here at Fengjin, we are accustomed to muddy waters of customs seafaring and tailor make our services in order to make the processes as seamless and stress free for our clients as possible. Our experts strive to comply with the regulations of respective countries and in turn provide customs solutions in an effective and legal manner.
Our service packages include among others customs clearance and customs declaration so that you do not have to wait for long for your merchandise. We do everything from taking care of multipage documentation to duty calculations and astounding customs procedures because we believe in partnering with you.
To sum up, Customs Declaration and Clearance clearance are very important activities in international trade and responsibility. At Fengjin, we aim to provide full-fledged customs solutions that streamline these activities enabling our clients to concentrate on their main line of business. Trust us to be the professionals in customs.
