Customs
Customs Clearance
The process of obtaining permission from customs authorities to import or export goods. Involves document submission, declaration, inspection if required, and payment of duties and taxes.
In depth
Clearance is the formal process of declaring goods to customs, paying duties/taxes, and obtaining release. It includes document check, risk assessment, possible inspection, and bond/ deferment arrangements. Delays here trigger storage, demurrage, and supply chain disruption.
Key points
- Requires accurate invoice, transport doc, and classification
- Licensed customs broker often files on behalf of importer
- Prior disclosure and compliance programmes reduce penalty risk
- AEO/status programmes can speed border processing