Background
Customs planning can reduce the price
of a product to an overseas customer at no cost to the exporter.
Competitive pricing is dependent not
just on the amount your customer pays
you but on his total landed cost. Amongst the steps that you can
take to reduce that cost are:
- Designing the products to be customs-effective;
- Separate invoicing
of different types of goods and
of services;
- Distinguishing charges for
interest, for the installation
of machinery and for the right to reproduce
or re-sell imported goods; and
- Providing
accurate and timely documentation,
especially certificates of origin.
For
the exporter, a transaction which
results in payment difficulties or
a dispute over liabilities is
likely to be totally unprofitable
and probably damaging to customer
relations. Careful attention to
the conditions of sale, correct use
of Incoterms and the close
control of letter of credit and other
payment procedures are therefore
essential elements of Customs
planning for exports.
We can help you
- To determine and
achieve the optimum customs treatment
for your products
in export markets.
- To conclude customs-effective
contracts with your export customers.
- To avoid disputes and unnecessary
costs and to ensure receipt of
full and timely payments.
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