Customs risk management strategies

Customs risk management has a key presence in the logistics process of your cargo; is the process by which companies identify, assess and mitigate the risks associated with compliance with customs regulations and payment of tariffs. Today we share with you several important points that we put into practice in our daily operation:

– The correct tariff classification of products means reducing the applicable tariffs, so it is important to know the harmonized system that governs the entry and exit of your goods through customs.

– The personnel in charge of the customs and nationalization process must be in constant training of the advances in import and export matters.

– Being at the forefront of changes and modifications to the laws governing trade and customs legislation, will avoid falling into possible penalties and / or violations.

– Advances in technology and artificial intelligence must be immersed and considered in every logistics process. It offers us ways to automate and reduce risks.

Proper management of these risks not only prevents costly penalties and delays in the delivery of goods, but also optimizes the operational and fiscal efficiency of organizations.

 

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