Customs Broker
- The complexities and dynamics of international trade are such that an importer will find it extremely advantageous to obtain the services of a customs broker in order to facilitate the importation of goods.
- Every country has a myriad of customs regulations and thousands of tariff items to consider.
- A customs broker acts as an agent for the importer by conducting customs business on their behalf.
- A customs broker represents the importer in custody matters.
- A customs broker prepares and files the necessary customs forms.
- Is responsible for the classification of imported goods.
- Arranges payment for the duties found due.
- Calculates the taxes due.
- Takes steps to effect the release of the goods from customs.
- A customs broker charges a brokerage fee for each shipment, which is usually based on the value of the shipment.
- The actual amount can vary depending on the type of goods.
© 2004 John Michael Pierobon
Notes