licensed customs house broker
A custom house broker with its license is a special entity servicing merchants by dealing with all paperwork and compliance needed in respect of clearance of goods through customs; most notably it prepares necessary permits and pays off taxes on behalf for them. Its main functions include preparing and submitting customs entries, classifying goods for duty and tax purposes, arranging payment of duties and taxes and extracting their refund from government, ensuring conformance to import/export regulations as required by the law or rules laid down on shipping LOGISTICS. Technological attributes of a licensed customs house broker generally consist of a complete operating system in the form of advanced software, Electronic Data Interchange (EDI) capability that can process customs flow requirements with lightning speed, and real-time tracking for import and export shipments. These use-type applications are essential for import and export operators alike, allowing them to manage their global logistics operations live just as soon as business changes occur.