Is foreign trade customs declaration too complicated? Stepping into any of these 5 traps could lead to bankruptcy
"Mr. Zhang, your goods have been detained by the customs again!" A late - night phone call instantly woke up Mr. Zhang, who is in the foreign trade business. This is already the third time this month that the goods have been delayed due to customs declaration problems, and each loss is calculated in ten thousands of yuan. Foreign trade exports may seem glamorous, but the "hidden reefs" in the customs declaration link have caused countless enterprises to stumble. Today, we are going to uncover the ins and outs of foreign trade export customs declaration agents and help you avoid these "invisible traps".
Ms. Li's clothing factory once had an entire container of goods destroyed at the port of destination due to a wrong HS code entry. Customs declaration may seem like a simple form - filling operation, but it actually contains hidden mysteries:
- Wrong commodity classification: For the same product, different materials and uses may correspond to completely different tax rates and regulatory conditions
- Incomplete documents: Certificate of origin, quality inspection report, dangerous goods certificate, etc. are all indispensable
- Dispute over declared value: The customs will initiate a valuation procedure for declarations that are "significantly lower than the market price"
Choosing a professional customs declaration agent is by no means just "running errands" for you:
- Pre - classification service: Determine the product's HS code in advance to avoid "blind - box - like" declarations
- Policy radar: Most enterprises don't know how to use the tariff preferences under free trade agreements such as RCEP
- Emergency channel: When goods are detained, regular agents can be given priority through "Customs AEO certification"
Some agents in the market offer quotes as low as 200 yuan per ticket, but there are hidden risks:
- Vague declarations in the name of "container - package", and subsequent tax supplements and fines may reach 50% of the goods' value
- Lack of liability insurance protection, and they will simply "go missing" when problems occur
- Using the enterprise's name for declaration without permission, triggering the risk of customs inspection
Before the next cooperation, you might as well ask them these questions:
- Can they provide the customs declaration records of the same category in the recent three months?
- Is the compensation plan in case of declaration errors written into the contract?
- Do they have the Customs AEO advanced certification qualification?
Now, use this guide to review your customs declaration process! If you have ever fallen into traps in the customs declaration link, you are welcome to share your experiences in the comment section. The story with the most likes will receive an electronic version of the Manual of Common Mistakes in Customs Declaration. After all, every penny of profit of foreign trade people should not be wasted on "the wrong path".
- Further Reading
- Shocking! The Secrets Behind the Prices of Export Customs Declaration Companies
- Customs Declaration for Entrepot Trade? Everything You Want to Know Is Here!
- Do You Really Understand Equipment Import Customs Declaration?
- Is a customs declaration agent a tax - saving magic weapon?
- Taiwan Export Agency Declaration, Do You Really Understand It?
- Shenzhen Import and Export Customs Declaration Agency, Do You Really Understand It?
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