In modern trade, a Customs Revenue Benchmarking Database seems to be the Holy Grail that several nations seek. Disproportionate treatments and product classifications across various countries lead to different applicable duties on products in each country. Therefore the decision to export or import is one that is fraught...
Companies usually hire customs brokers and freight forwarders to manage the actual process of importing goods. This is because the requirements of the process involve complex logistical considerations, management of documentation and specialized expertise needed to handle customs, carriers and international suppliers....