Customs compliance is the practice of following all regulations on imports and exports. As companies grow into the international market this is an important aspect to know about, but one that many pushes aside. With a growing industry, customs have to evolve in order to keep up the market all while complying with government requirements. As the technology of the world evolves, the regulations and laws around customs will have to change as well. Companies must do research on the importation/exportation of their product in the countries they are planning to import to and export from.
The History of Customs
According to W2C, customs originally began in the 1990’s and were manually created on paper. They then went through a checking and verification process. The documents were given to a customs officer to go through. As the world evolved, this process become inefficient. Therefore, it had to go through changes to match up with the modern economy. With the changes, there had to be incentives to encourage companies to comply with certain standards. In 2002 the Administrative Monetary Penalty System became implemented. This system imposed monetary penalties if any violation of the Customs Act occurred. There’s a large importance on the importer to keep up with and check custom declarations before shipping out goods to foreign countries. Beforehand, importers must check product classification, anti-dumping duties, taxes, and government restrictions on their shipments. They must then provide their customs broker with all of the information. Unilogic works diligently to keep up with all customs information both foreign and domestic.
Unilogic offers services to companies both domestic and international. For this reason, they remain to stay up to date on all rules and regulations both in the United States and overseas. They offer storage, transloading, fulfillment, cross dock, assembly and kitting, and transportation. In terms of transloading and transportation, the Unilogic team must stay up to date on all custom compliances. Due to their expertise in these areas, Unilogic creates modern solutions for their clients supply chain and logistics needs.
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