When
customs clearance is associated with imported goods, it is known as import
customs clearance. The process involves examination, evaluation, and
appraisal of goods that aid the custom authorities to determine how much duty
is to be charged and also assess the goods against any illicit import. Let’s
take a closer look at major intervention points of the import customs clearance
process.
Bill
of Entry - The bill of entry is the first major step in the entire import customs clearance
process flow. It is also termed as Shipping Bill. It is a statement that is
prepared by the shipper mentioning the nature and value of goods that are to be
imported. This document is presented to the Customs House and is supposed to be
filed by the importer in four copies namely original and duplicate which are
meant for customs, third copy for the importer himself, and the fourth copy for
the bank for making remittances, if any. In the EDI way, no Bill of Entry is to
be filed as the system generates it. However, the importer needs to file a
cargo declaration with particulars essential to process the entry of the goods
for customs clearance.
To know more: https://jeena.com/blog-read.php?slug=import-customs-clearance-explained
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