Trade Compliance Services
From trade compliance assessments, trading analysis, consultative research and solutions, to tactical representation during an audit Global Sky Logistics’ expertise ensures Customs compliance and leverages regulatory changes to your advantage.
Trade compliance refers to importers and exporters meeting all of the requirements governing the movement of commercial goods into and from the country they are doing business in.
To be trade compliant is to ensure that the tariff classification, origin and valuation of goods are all accurately declared in accordance with legislative requirements and that the appropriate duties and taxes are paid. But this is only part of the scope. There is a clear obligation under the Customs Act to provide true, accurate and complete trade information, including a proper description of the goods, and to correct wrong information regardless of dutiable status. Furthermore, an essential part of trade compliance is to ensure that all import requirements are met, such as having the appropriate import permit. If not all import requirements are met, this violates the control measures that are in place to protect the economy, the environment and the health of the country they are doing business with.