„Entry Summary“

What does Entry Summary stand for?

(USA) Documentation which is necessary to enable US Customs to collect duties, collect statistics, and determine whether other requirements of law or regulations are met upon importation. In the US, the importer must classify the goods, determine their customs value, and calculate duties, taxes and fees.

Source:

Grainger, L.K., & Callan, J.L. (2015). Exporting & Importing: Practical Aspects of International Trade. United Kingdom: Cambridge Scholars Publishing.

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