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Glossary

Import Declaration

An import declaration is an official document submitted to customs authorities when goods are imported into a country from abroad. It contains detailed information about the imported goods, such as the description, quantity, value, and origin. This information is vital for facilitating customs clearance processes.

It’s typically submitted electronically before the arrival of the goods at the country’s border or port of entry.

An import declaration is vital for assessing import duties and taxes, as well as ensuring compliance with trade regulations.

Additionally, import declarations play a crucial role in gathering data for trade statistics and security purposes.

Learn more about import declaration here here.

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