Broker Customs

Broker Customs -

Tax Law Term “Broker Customs“

A broker licensed by the Customs Service to engage in customs work. An agent who acts as an intermediary for the import or export of goods. A broker differs from a factor since a broker usually does not have possession of the property. Importers are usually assisted by customs brokers who are experienced in filing customs forms and documents.

Customs brokers in the United States prepare and submit documentation to notify or obtain clearance from government agencies such as the U.S. Food and Drug Administration, the U.S. Department of Agriculture, and the Fish and Wildlife Service. They also arrange the transshipment (i.e., local delivery) of merchandise via trucking companies. Many customs brokers specialize in certain goods like apparel, perishables, or clearing the crew and manifest of large cargo vessels. Customs brokers can be located at inland ports to clear merchandise sent “in bond”, but most are located at major airports and harbors with international traffic. Wikipedia

According to the Department of Homeland Security, a customs broker is defined as a private individual, partnership, association or corporation licensed, regulated and empowered by U.S. Customs and Border Protection (CBP) to assist importers and exporters in meeting U.S. government requirements governing imports and exports.  Shipping Solutions

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