Know your duties
13 September 2012
In the final part of a series on international trade, Catherine Truel navigates the tax regulations on imports and exports
When your overseas order lands in the country, it’s time to stump up duties and tax. At least, it should be, but adopting more efficient customs management can help to reduce or remove the cost. So, how do you access the savings on offer?
The first thing to do is to clarify internal responsibilities for customs duties. By its very nature, this is often a cross-...