What is a forwarder?
Freight forwarders are defined as related experts in the supply chain, focused on the physical transport and delivery of goods. They are in contact with any entity in the export process that deals with cargo, ship, aircraft or its group, or knows it. As per the expert of Rule 6 exam, Freight forwarders are responsible for collecting and filling out various documents and presentations.
Devers explains that the freight forwarder is a “travel agent for cargo” an external organization that creates the trip and then simplifies the trip for a certain amount, including paperwork and documents. In addition to organizing freight transport, shippers can also provide services that include:
- Customs clearance at the customs entry
- Trade Documents
- Service Insurance
- Supply Chain Management
When choosing a forwarder, make sure that you clearly understand what he provides for the services and how much they cost for them.
Who is a customs broker?
Customs agencies are experts in international trade who are responsible for drawing up and approving the customs declaration when the goods arrive at the port of entry. Customs brokers are more specialized while your shipment lands on Indian territory, they manage the customs clearance process of your goods, including all the aspects of paperwork, documentation, taxes, import duties, and other items. As per the expert of Rule 6 exam, It is a time consuming and complex process that is best left to professionals. Do you also think that you can be present in the ports at the time of shipment? The customs broker will receive the shipment through customs on your behalf. In addition to the tasks listed above as per the Regulation 6 examination, customs brokers can help:
- Customs Coordination
- Duty drawbacks and reconciliation
- Customs bonds
- Advice and guidance with government audits.
Also, there are many custom brokers who offer freight forwarding services so they store their goods.
Are shippers and customs agents the same?
Often the role of a forwarder and a customs broker can coincide and be interchangeable. It is important for the importer or exporter to understand the role of the actor selected in:
- Who will control the necessary import documents
- Freight Negotiation
- Control shipping time
- Vehicles
- Customs clearance procedure with the competent customs agency
For more details about custom broker, freight forwarders and related examination such as Regulation 6 examination you can chat with the experts on info@jbsacademy.com
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