A customs broker is a member of a company or an individual who acts on behalf of another party. To become a broker an individual must study and pass the examination on customs laws and regulations to obtain a license from the Customs authorities. Importing can be a complex and cumbersome process in terms of procedures and paper work. That is why it is recommended for the importer to meet with a customs broker before attempting to bring in a shipment of goods. This meeting is vitally important because a prudent trader, prior to importation of his merchandise, should have a clear understanding of what entry documentation is to be submitted, how the Customs is going to classify and appraise the goods, how the articles have to be marked to reflect the country of origin, etc. Working as a representative of an importer, a customs broker prepares and files the necessary documentation package, consults the customs to determine the proper rate of tariff, arranges for the payment of duties and helps the trader to secure the release of the shipment. Brokers are required to maintain strict confidence about business and transactions. c) Answer the questions: 1. How can an individual become a customs broker? 2. Why should an importer contact a customs broker before the clearance of imported merchandise? 3. What are the responsibilities of a customs broker? 4. What sort of people may enjoy that job? 5. Would you like to be a customs broker? Why?
1. To become a broker an individual must study and pass the examination on customs laws and regulations to obtain a license from the Customs authorities.
2. Because a prudent trader, prior to importation of his merchandise, should have a clear understanding of what entry documentation is to be submitted, how the Customs is going to classify and appraise the goods, how the articles have to be marked to reflect the country of origin, etc.
3. A customs broker prepares and files the necessary documentation package, consults the customs to determine the proper rate of tariff, arranges for the payment of duties and helps the trader to secure the release of the shipment.
4. People with a high sense of responsibility might enjoy the job.
5. I wouldn't like to be a broker because I freak out under much stress. And this work is a lot of stress because of many factors.