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Customs
Beginner
What is customs clearance?
Direct Answer
Customs clearance is the legal process of getting imported or exported goods approved by customs authorities.
Detailed Explanation
Customs clearance involves document verification, cargo inspection, duty assessment, tax payment, and final release approval. Businesses must submit documents like Commercial Invoice, Packing List, Bill of Lading, and HS Code details before customs authorities approve cargo movement across borders.
Related Resources
Knowledge Card
These interactive logistics flashcards are designed to simplify international trade concepts, freight forwarding, customs clearance, and shipping documentation for importers and exporters.
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