👉 Customs computing refers to the process of managing and calculating duties, taxes, and other fees associated with the import and export of goods across international borders. It involves adhering to the specific regulations and documentation requirements set by customs authorities in each country. Customs brokers or agents play a crucial role in this process, ensuring that all necessary paperwork is accurately prepared and submitted to avoid delays or penalties. This includes calculating the correct value of goods, determining applicable tariffs and duties based on the Harmonized System (HS) codes, and ensuring compliance with trade agreements or preferential treatment. Effective customs computing is essential for businesses to streamline their supply chain operations, minimize costs, and maintain smooth international trade flows.
