Customs Duty Compliance

At Samrat Consultancy, we offer comprehensive solutions for all your Customs Duty Compliance needs. Whether you are importing or exporting goods, we ensure that your business meets all the regulatory requirements, minimizing delays and avoiding penalties.

What is Customs Duty Compliance?

Customs duty is a tax imposed on goods when transported across international borders. Compliance with customs duty regulations is critical for businesses involved in the import or export of goods to avoid legal issues and ensure the smooth movement of products.

Our Customs Duty Compliance Services
Why is Customs Duty Compliance Important?

We provide end-to-end support for businesses dealing with cross-border trade, ensuring smooth customs clearance and compliance with all regulations.

1. Customs Duty Calculation

Overview: We assist in calculating the appropriate customs duties, taking into account product classification, tariffs, and applicable exemptions.
Why It’s Important: Accurate duty calculation avoids overpayment and ensures correct compliance with tax regulations.

2. Import/Export Documentation

Overview: We help businesses prepare and file all necessary import/export documents, including bills of entry, shipping bills, and certificates of origin.
Why It’s Important: Correct documentation speeds up customs clearance and reduces the risk of delays or rejections.

3. Tariff Classification (HS Code)

Overview: We assist in classifying goods under the correct Harmonized System (HS) codes for accurate duty calculation.
Why It’s Important: Correct classification ensures proper duty payments and minimizes disputes with customs authorities.

4. Handling Special Import/Export Licenses

Overview: We help businesses apply for and manage special licenses required for certain products, such as restricted or controlled items.
Why It’s Important: Some goods require specific permissions from government authorities before being imported or exported.

5. Post-Clearance Audit Support

Overview: We offer support in dealing with customs audits, ensuring that your business remains compliant and audit-ready.
Why It’s Important: Customs authorities may audit your import/export activities, and we help prepare all necessary documentation and responses.

6. Duty Drawback & Refunds

Overview: We assist businesses in claiming duty drawbacks and refunds where eligible, ensuring they don’t miss out on reclaiming excess customs duties.
Why It’s Important: This can significantly reduce costs and improve the bottom line for businesses involved in frequent trade.

Avoid Legal Penalties: Non-compliance with customs regulations can result in hefty fines, delays, or even seizure of goods.
Efficient Import/Export Operations: Proper customs compliance ensures that your goods clear customs without unnecessary delays, saving time and costs.
Accurate Duty Payments: We help you calculate the correct customs duties and taxes, avoiding overpayment or underpayment.

Documents Required for Customs Duty Compliance

To ensure smooth customs duty compliance, you’ll need:

1. Bill of Entry:

1. Bill of Entry: For imports.

2.Shipping Bill:

2. Shipping Bill: For exports.

3. Invoice & Packing List:

3. Invoice & Packing List: Providing details of goods and their value.

4.Certificate of Origin:

4. Certificate of Origin: Verifies the country where the goods are manufactured.

5.Import/Export License:

5. Import/Export License: Special licenses for restricted goods.

Why Choose Samrat Consultancy?

Expert Guidance: Our team of customs experts ensures that you meet all regulatory requirements and avoid penalties.
Timely Clearance: We help speed up customs processes, ensuring minimal delays.
Comprehensive Solutions: From documentation to duty calculation, we provide a full suite of customs services tailored to your business needs.