Customs Clearance Process - Guide On Clearing Goods Through Customs
The customs clearance process is vital to the successful execution of any cross-border trade transaction. While established businesses have dedicated departments and professionals to handle this complex process, small businesses and startups may find it difficult to deal with customs clearance.
Although the process for procuring import and export customs clearance is almost similar, importing involves an assessment of the merchandise, as well as, the payment of duties and import taxes. In this blog, we will focus on the customs clearance process while importing in the US.
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What is Customs Clearance?
Customs clearance is the process of preparing and submitting a specific set of documents required to obtain permission from relevant authorities to facilitate the import of goods. It is mandatory to avail import clearance before any consignment enters the country.
The following two steps can be taken to get import clearance:-
- Preparing the necessary documents to import the product
- Paying the duty/tariffs as applicable
In the US, the Customs and Border Protection (CBP) facilitates the import clearance process.
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