What is Import Clearance?
Import Clearance The formal process by which imported goods are authorized for entry into a country after compliance with all customs requirements, payment of duties, and submission of necessary documentation.
Source: Incoterms 2020 (ICC), FIATA, IATA DGR, WCO
How is “Import Clearance” Used in Practice?
Import clearance is required before goods can be delivered to the consignee from the port of entry.
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Who Needs to Know This Term?
- Freight Forwarders
- Supply Chain Managers
- Customs Brokers
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What is Import Clearance?
The formal process by which imported goods are authorized for entry into a country after compliance with all customs requirements, payment of duties, and submission of necessary documentation.
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