How to Know about Export Custom Clearance Document

1. How to Know about Export Custom Clearance Document postingtree.com/how-to-know-about-export-custom-clearance-document Export customs clearance document is a legal procedure undertaken when importing or exporting goods from one country to another. Customs clearance involves checking, examining, and determining the origin of the goods being imported or exported. This can be done by the customs authorities or by the commercial transporter. The latter is usually referred to as the exporter. If you need any information about Export Custom Clearance Document you can visit greaterbirminghamchambers.com . Export Custom Clearance Document Licence : The document sought to be obtained when doing a business online is the export license. This is a must-have for any international transaction that requires customs clearance. Such transactions could involve the purchase of machinery or equipment or the shipment of petroleum substances. An important detail to note about this document is that it is needed for any international transaction involving the transportation of goods or materials to or from a foreign country. The exporters also use it to determine whether their goods are subject to the local taxes applicable in the country of destination. The document must indicate the items that will be shipped along with their destination country. This includes the country of residence of the exporter. These include the name and address of the exporter. The exporter must also indicate the kind and quantity of the goods. This makes things easier for the customs and tax authorities in the destination country. The list is usually longer than the list for the imported goods. Export with all Details : The exporter must comply with all the requirements of the customs. He/she should also inform the exporter of the place of delivery along with its address and the tax paid. The customs have the right to examine the goods and check the quantity of the items being transported. If the exporter fails to provide the necessary information, penalties may be imposed and additional duties or charges levied on export. One must understand that the exporter is responsible for providing the required documentation on time. Failure to do so may lead to penalties. The exporter should keep records of all such transactions. He/She should forward copies of all receipts to the concerned government department. If the required documents are not available, he/she should request them. Customs then keep the records of these transactions, and they are required to supply relevant information to the customs in due course of time. 1/2

2. In case of goods that have been prohibited from entry into another country, it is necessary for the exporter to export these goods by using special containers called the particular container known as the customs ware. These containers usually are marked with the customs seal. Importers of such articles are required to pay a heavy duty on imports. The duty on such items can be paid every month or every year. Some importers prefer to pay in bulk. This means that the entire payment should be made in one go, and the balance amount can be paid when the item is received at the other end. The importer should make sure that the local laws do not prohibit the goods being transported. The exporter is liable to pay the tax and duty on these goods even after shipping. Also, an additional tax is known as a customs levy that needs to be paid on imported goods. There is a 10% tax on the items that have been imported and another 10% tax on the items that have been exported. Again, the exporter is liable to pay the tax on the goods transported if the shipment is not paid for. The exporter is required by the law to export goods with the help of proper documentation. The documentation can be in the form of letterhead or invoice. If it is not possible to provide such proof, the exporter should contact the customs office directly. The exporter is also responsible for ensuring that the goods arrive at their destination customs free of any mistake. The exporter pays the shipping costs. Exporter needs to note that all charges are paid upon receipt of the destination’s goods. 2/2