Customs Clearance is a professional work and without proper knowledge about the current laws and regulations, the clearance may get done with delay. Not knowing the regulations of Customs clearance also can waste your time and money.
Any commodity that is going to be exported, regardless of the price that is specified for it by a contract and generally regardless of the price of that merchandise in other countries, has a price that is already been specified by an official governmental organization and is available as a list of export prices for the Customs Administration, banks and other related organizations. Therefore the exporters don’t have access to the prices.
• Responsibility of Commodity Maintenance
The one who does the clearance should respect Work and Social Security law and regulations like insuring his work force and paying taxes.
After the clearance is done, He is required to hand over the customs green paper and all the receipts and generally all the papers about the commodity to the owner of the consignment in 7 days. In case of postponement, the owner has the right to reduce the clearance workers wage by 3 percent for each day in addition to his right to make a lawsuit in court.
It is the clearance workers responsibility to maintain the commodity and to fix possible bugs, he is responsible for any damage that is done to the merchandise unless he can prove that the damage was done because of the bad quality of the merchandise itself.
• Clause number 5 of the Obligations of the Parties
Having a Commodity Clearance contract has some commitments for both the owner and the clearance worker and all the contract clauses should be by both parties agreement. According the clause number 5 of the Obligations of the Parties, the owner should pay all the customs duties and all the costs of license obtaining from legal authorities and the transportation fees. The remaining costs should be paid by the clearance worker.
Bill of Lading Details
• Description of goods
• Carrier ship name
• Mention the phrase that the goods are on the ship
• Loading and unloading ports
• Carrier Name
• Recipient’s name
• Name and address of the one who gets notified when the goods are unloaded
• Original Bills of Lading
• Issue date