Customs Clearance
In the United States
For information about Customs clearance in the context of international trade, click here
Customs Clearance in International Trade
Meaning of Customs Clearance, according to the Dictionary of International Trade (Global Negotiator): The act of complying with the import regulations of an importing country. Generally governments require some sort of import declaration. Depending on the country and the product, additional supporting documentation such as origin certificates, consulate documentation and product relates health and safety certificates may also be required. Payment or agreement to pay any applicable import duty and taxes often accompanies customs clearance. Also called import clearance.
Resources
See Also
Further Reading
- Information about Customs Clearance in the Encyclopedia of World Trade: from Ancient Times to the Present (Cynthia Clark Northrup)