Getting the Best Value from Your Customs Broker
“Customs brokers in the United States prepare and submit documentation to notify or obtain clearance from government agencies such as the U.S. Food and Drug Administration, the U.S. Department of Agriculture, and the Fish and Wildlife Service. They also arrange the transshipment (i.e., local delivery) of merchandise via trucking companies. Many customs brokers specialize in certain goods like apparel, perishables, or clearing the crew and manifest of large cargo vessels. Customs brokers can be located at inland ports to clear merchandise sent “in bond”, but most are located at major airports and harbors with international traffic.” [Wikipedia]
Global economies are directly linked to the strength, functionality, and existence of international trade. Trade, on a very basic level, can only function under strict procedural governing bodies. These regulations and compliance requirements can only be facilitated with extensive knowledge and a comprehensive understanding of trade legislature. Continued familiarity is something your Customs Broker must maintain in order to ensure the path of least resistance throughout the process of importing your shipments.
A viable Customs Broker must work to keep a business’s logistics movements ahead of trade legislation and regulatory compliance. Oftentimes, excessive fees can be avoided with proper precaution and strategic forward thinking on a Brokers behalf.
The following services can be expected in a general offerings list from a Customs Broker:
Classification of Tariffs
Harmonized System (HS) Code Ruling Requests
The complexity of international trade elicits the immediate use of a capable Customs Broker, and in some regional instances, utilizing a broker is mandated. A broker can streamline a customs evaluation by securing passage allowing for efficiency and a lowered risk of lost or damaged goods.
The values of a Customs Broker can positively impact your business in a multitude of notable areas. Appeals, legal disputes, duty drawbacks, applicable refunds, tax implications, seized shipments, bonded warehouse legalities, documentation, and purchased insurance to name a few. The business of international trade requires no small feat. Realizing this complex nature through a customs broker will effectively secure business and allow that model to be scaled in a progressing and appropriate manner.
Do you have more questions?
If you are looking for more information about the value a Customs Broker can bring to your business, or if you have questions regarding your current supply chain, reach out to us HERE.