Background
The buyer's objective of "the right product at the right price" is
unlikely to be attained in the absence
of customs planning. Any sourcing decision
must take account of the following considerations:
- materials
and components imported for use
in export products may be relieved of
import duty;
- buying materials in the
country to which the products
will be exported may result in the customer
paying less duty;
- it may be possible
to suspend the duty if imported
goods are not available from alternative
sources; and
- low manufacturing costs
overseas may be outweighed by
high duties whilst tariff preferences
may mitigate high prices.
How can we help?
- to make cost-effective
sourcing decisions.
- to obtain duty
relief's and suspensions.
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