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Glossary

Customs clearance

Customs clearance is the process of getting goods through customs barriers and gaining approval from customs authorities for their entry or exit from a country.

It involves a series of procedures and documentation to ensure compliance with customs regulations and payment of any applicable duties, taxes, or fees.

Customs clearance is a critical part of international trade, as it ensures that goods can move smoothly across borders while complying with regulations and paying any applicable duties or taxes.

Delays or errors in the customs clearance process can result in disruptions to supply chains and increased costs for businesses.

Therefore, it’s essential for importers and exporters to understand and properly manage customs clearance procedures to facilitate efficient trade operations.

Finalist - "Customs Technology Partner of the Year" by MultiModal Awards