Transit trade does require another customs declaration. Transit trade refers to the business of importing and exporting goods in international trade, which is not directly carried out between the producing country and the consuming country, but through a third country.
When the goods enter the transit country, they need to go through import customs declaration according to the requirements of the customs of the transit country, clearly stating the detailed information of the goods, such as the name, quantity, value, etc. When the goods are exported again to the final destination country, they also need to go through export customs declaration, reporting to the customs the relevant situation of the goods leaving the country.
Compared with general trade customs declaration, transit trade customs declaration involves situations such as warehousing and container changing of the goods in the transit country, and relevant supporting documents need to be provided additionally. General trade is direct import and export, while transit trade has an additional transit link. When going through customs declaration, special attention should be paid to the policies, regulations and relevant requirements of the transit place to ensure the smooth progress of customs declaration.
Professional consultant answers
David LiYears of service:6Customer Rating:5.0
Senior customs declaration consultantConsult
Transit trade does require another customs declaration. Transit trade refers to the business of importing and exporting goods in international trade, which is not directly carried out between the producing country and the consuming country, but through a third country.
When the goods enter the transit country, they need to go through import customs declaration according to the requirements of the customs of the transit country, clearly stating the detailed information of the goods, such as the name, quantity, value, etc. When the goods are exported again to the final destination country, they also need to go through export customs declaration, reporting to the customs the relevant situation of the goods leaving the country.
Compared with general trade customs declaration, transit trade customs declaration involves situations such as warehousing and container changing of the goods in the transit country, and relevant supporting documents need to be provided additionally. General trade is direct import and export, while transit trade has an additional transit link. When going through customs declaration, special attention should be paid to the policies, regulations and relevant requirements of the transit place to ensure the smooth progress of customs declaration.
Joseph ZhouYears of service:10Customer Rating:5.0
Senior foreign trade managerConsult
The main reason why transit trade requires another customs declaration is that the goods are exported again after staying in the transit country, and the customs needs to keep track of the movement of the goods. When going through customs declaration, basic documents such as contracts, invoices, packing lists, etc. should be prepared, and at the same time, transit-related certificates are also very important, such as the warehousing records of the transit warehouse.
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