Introduction A clearing agent is simply an agent who is responsible for the business's customs clearance. Each country has its own set of regulatory requirements for customs. However, many countries share one condition that the clearing agent or customs broker (as they are referred to in a few countries) must be accredited with the [...]
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Introduction A customs guarantee is an agreement to pay for customs debt that has already occurred, referred to as actual debt, or that will occur as a result of certain customs special processes, referred to as potential debt. When duty is not paid at the time of import or export, a customs guarantee is [...]
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