customs clearance
It is the organized procedures applied by the customs authorities in each country on goods entering or leaving its territory.
Benefits of effective customs clearance:-
- Avoid delays and penalties:
- Ensuring the smooth flow of the import or export process without obstacles.
- Avoid paying late fines or penalty fees.
- Obtaining correct customs documents:
- Necessary to prove ownership of goods and the legitimacy of trade.
- Facilitating tracking the movement of goods: through electronic customs systems
- Comply with laws and regulations: Avoid legal violations and criminal penalties.
Apple Trading Company provides import and export services through a team specialized in consulting and does the following: -
There is some information you need to complete customs clearance:
- Tax information for the importer or exporter
- Origin and destination of import or export
- Company name, country and means of transportation
- Gross and net weight and description of the goods
- Paying taxes due
There are some documents that must be available to complete customs clearance operations, which are:
- Commercial Invoice: It bears witness to the process of trading goods. The financial data, description of the goods, and all information related to the shipment and its purchase must be recorded in the invoice.
- Shipment Dimensions and Bill of Lading: Information must detail the dimensions and size of the shipment including number of packages, weights, and total volume.
- In addition to clarifying the means of transportation and the customs agent should have original copies of this document, you may be asked to provide additional documents depending on the type of goods or the country of destination.
Responsible for customs clearance:
Responsibility for customs clearance in Egypt is borne by two main parties:
1. Importer or exporter:
He is the primary party in the customs clearance process, and must:
Submit all documents required by the customs authorities, such as: commercial invoice, certificate of origin, bill of lading, detailed list of goods, and others.
Pay customs duties and taxes due on the goods.
Ensure that imported goods comply with the specifications and standards approved in Egypt.
2. Customs agent:
He is an expert accredited by the Egyptian customs authorities. The importer or exporter entrusts him with the task of customs clearance on his behalf.
The customs agent represents his client before the customs authorities, and undertakes all procedures related to customs clearance, including:
Submitting and auditing customs documents.
Calculate customs duties and taxes due.
Negotiating with customs authorities to resolve any problems that may arise.
Issuing customs clearance documents necessary for the delivery of goods.
Providing advice to the importer or exporter on customs regulations and procedures.
