Do you know exactly what a Customs Broker can do when facilitating the shipment and delivery of your goods across borders? Will your holiday products cross the border and reach its destination safely and in time? These are questions you should be able to answer with an emphatic YES! If not, read on…
A customs broker expedites international trade. Seems simple enough but unfortunately it’s not. Customs regulations and laws regarding import and export of goods are constantly changing from country to country and sometimes from day to day. A good customs broker knows this and is one step ahead when moving goods for clients.
Imports and Exports
There is no legal requirement for you to hire a Customs Broker to clear your goods. However, many importers and exporters choose to do so for the convenience. Customs Brokers are licensed by U.S. Customs and Border Protection to conduct CBP business on behalf of importers. They take the burden of filling out paperwork and obtaining a CBP bond off of you, the importer – they are the middleman between companies (or individuals) importing merchandise and the government. They also make sure the imported merchandise is classified correctly under the Harmonized Tariff Schedule of the US (HTSUS). The importer is ultimately responsible for knowing CBP requirements and for ensuring their importation complies with all federal rules and regulations, but using a Customs Broker can avoid costly mistakes.
You can also use a Customs Broker to export your goods. For example, exactly what does it take to get your shipment of 1,000 toy trains from the US to another country?
- Custom brokers obtain and fill out all the paperwork needed to give to government agencies for your shipment of goods.
- They also calculate and ensure duties and tariffs are paid.
- They obtain and make insurance claims, and track cargo.
- They have a good relationship with customs officials – their successful day to day interaction is crucial. One snafu and your 1,000 toy trains will veer off track.
Besides all the paperwork, payments and customs interaction, a Custom Broker can also advise clients as to what markets are beneficial and which are not. With their understanding of tariffs – which is important especially now with tariff rates so volatile – they can help your company venture into new markets to expand its trading possibilities. A Custom Broker allows you and your company to do what you do best – produce products – without worrying about breaking trade laws or not paying the correct amount of duties or tariffs.
Hiring the correct Customs Broker obviously can help your company avoid any problems with clearance of your valuable cargo. Correct documentation and timeliness are critical to your shipment being cleared at the border. A good relationship with custom officials is imperative for successful global trade – a reliable customs broker understands this.
In need of a dependable and experienced Customs Broker? Visit Seldat’s Custom Brokerage for precise and timely service.