【EXPERT Q&A】What are the precautions for import and export goods entering and leaving the customs?

October 14, 2024  Source: drugdu 68

Drugdu.com expert's response:

 

When importing and exporting goods through customs, various aspects need to be taken into consideration to ensure smooth customs clearance and compliance with relevant regulations. Here are some key considerations:

Ⅰ. Documentation Preparation

Complete and Accurate Documentation: Import-export enterprises must prepare complete documents, including bills of lading, invoices, packing lists, contracts, import-export licenses (if required), certificates of origin, inspection and quarantine certificates, etc. These documents must be accurate and in line with customs requirements.

Compliant Declaration: Ensure that the declared information for goods is accurate, including commodity names, quantities, values, origins, etc. The declared value should match the actual value to avoid issues arising from over- or under-declaration.

Ⅱ. Commodity Classification and Taxation

Accurate Classification: Accurate classification of goods is crucial, as it directly determines the Harmonized System (HS) code, which further influences tariff rates and regulatory conditions. Misclassification can lead to unnecessary troubles and losses.

Tax Payment: Based on the type and value of goods, enterprises need to pay corresponding tariffs, VAT, and other taxes. These payments must be made as stipulated, and proof of payment should be retained for inspection.

III. Commodity Inspection and Supervision

Commodity Inspection: Customs will inspect imported and exported goods to ensure they comply with relevant standards and quality requirements. Inspections include visual checks, sampling tests, etc. Enterprises should actively cooperate with customs inspections.

Regulatory Requirements: Understand and comply with customs regulations for specific commodities, such as prohibitions and restrictions on imports and exports. Ensure that goods do not pose infringement risks to avoid penalties from customs intellectual property protection mechanisms.

Ⅳ. Time and Process

Monitor Key Time Nodes: There are multiple time nodes to consider during customs clearance, such as declaration time, inspection time, and release time. Enterprises should plan ahead and track progress to ensure timely customs clearance.

Compliant Procedures: Follow customs requirements for declaration, examination, and release to ensure compliant operations. When encountering problems or difficulties during customs clearance, promptly communicate with customs and seek assistance.

Ⅴ. Other Considerations

Packaging and Labeling: Goods should have clear labels and markings on both internal and external packaging, meeting customs requirements. Ensure that packaging is intact to prevent damage or loss during transportation.

Risk Management: Strengthen risk management, keeping abreast of changes in international trade policies and potential risks. Develop contingency plans to address potential customs inspections, detentions, or other emergencies.

Choose Reliable Partners: Partnering with experienced and reputable freight forwarders, customs brokers, etc., can improve customs clearance efficiency and success rates.

In summary, when importing and exporting goods through customs, multiple aspects need to be considered to ensure smooth customs clearance and compliance with relevant regulations. Enterprises should strengthen internal management, improve staff quality, closely monitor changes in customs policies, and ensure safe and compliant business operations.

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