Welcome to the New Freight Forwarding Epitome
Posted by retcustoms on April 21st, 2021
If you are into import-export business, your trade relies on international industrial policies. You need to work with a Cargo Shipping Service Company to get your goods out of the country or inside your local place on time. RET Customs Brokerage includes the industry’s best professionals and trade managers. We are licensed through the Philippine Customs department and well-versed with customs laws and import-export policies. With our experience, we foresee and avoid potential obstacles to customs clearance.
Customs Brokerage Services include:
If you are trading in international business, it is highly advisable to work with a customs brokerage house to ensure that your goods are successfully reached or arrived at your desired destination without damage and overcharged in duties or taxes.
• Customs Bonds – If your company goods are valued beyond a specific amount, you need a customs bond to guarantee taxes and other applicable fees to be paid to the government. We complete this process to eliminate a potential barricade in the shipping process.
• Binding Ruling – With this, you make sure that your cargo will be ruled as a specific tariff classification and the same duty rates are applicable for any port of entry you use. It determines long-term costs and relaxes you as our agent will complete this complicated process on your behalf.
• Remote Location Filing – This permits to qualify for remote location filing. We can file the date from the place on specific merchandising, despite the imported goods port of entry. This will streamline the import process.
• Duty Refund – If you export the goods you import as a part of your business, you may be eligible for a refund on the duties depending upon the type of goods. We can help you get the eligible refund by completing the required paperwork.
• Online Tracking – We have an online portal that tracks your shipment 24/7. This will keep you updated as your shipment transits and reach its final destination.
We have continued work to streamline the international shipping process to make your life fuss-free while keeping you informed every step of the way.
A lot has been changed the way shipment industry works during the Covid pandemic. Freight Forwarding Process is no exception. The overall process includes the following steps.
• Procure – First, you need to purchase goods with an international supplier. Buyer and seller will then agree upon terms of sale.
• Order Initiated – Once the order is confirmed, the buyer will issue a purchase order to the seller.
• Date of Completion – Both the parties will agree upon a mutual date of order completion.
• Packing List – Once the goods are manufactured, the supplier will send a copy of the packing list.
• Cargo Ready to Export – Once the shipment is ready, the supplier creates a commercial invoice and prepares the required document like Certificate of Insurance, Export Declaration, and Permit.
• Supplier contact Freight Forwarder – Supplier, would reach out to buyer or freight forwarder. Freight Forwarder will then arrange merchandising transportation.
• Cargo Ready for Shipment – Cargo is loaded in the respective mode of transportation as agreed or as per the need and begins its journey to the importing country.
• Submitting Necessary Documents – Customs Broker will then submit all the required documents to the customs department, including commercial and customs invoices, copy of bill, certificate of origin, and more.
• Intimation and Final Delivery – Customs Broker gets shipment arrival information, and shipment is released for final delivery. Before the cargo is released for final delivery, the customs broker completes the final lag of documentation that includes – Receiving and Inventory Report, Payment Completion, and Customs Compliance Check.
About the Authorretcustoms
Joined: May 8th, 2019
Articles Posted: 7
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