The Bureau of Customs has stepped up inspection of sugar warehouses amid the shortage of the commodity which some sectors allege is a consequence of smuggling.
The inspections are part of the government's campaign to bring down the price of sugar, and looking back, we have some similar issues on rice, gasoline, and medical paraphernalia arising from the COVID-19 pandemic.
So what causes the soaring costs of imported products?
The strict reinforcement of protocols needs to be met by a competent logistics company, from its booking and documentation, coordination of shipping schedules, payment of taxes and other arrangements to ensure the timely delivery of shipments. The processes involved can contribute to the retail price of a product so therefore, if you have a dependable logistics provider, you can reduce cost and set a very competitive pricing in the market.
Why Use a Customs Broker?
If you're an importer or exporter, not only that you need to deal with port operations, counter parts in foreign countries, you also need to deal with Philippine Customs. This will require you to work with a dependable, and reliable customs brokerage company that can help you do the painstaking task of working with the nitty gritty of import and/or export processing such as:.
When importing, it is important for importers and business owners to make a vital decision, either to import or source locally in the Philippines. A dependable, reliable, and legitimate Customs Brokerage Firm will help you run your cost analysis smoothly by computing near accurate Customs Duties and Taxes based on your cargoes’ information such as classification, value, weight, among others.
Equally important in the process of import or export are stakeholders particularly, Shipping Companies, Port Operators, Trucking Companies, or in some cases, other Regulatory Bodies. A dependable, and reliable Customs Brokerage Firm will process or facilitate other requirements that are required by these stakeholders in order to run a smooth clearing process, that is timely and free from unexpected impediments.
Ernest Logistics Corporation has been a key-player in the logistics industry for over a decade, and customs brokerage with respect to import or export is one of its most sought-after, popular or in-demand services because of the significant benefits it gives to its importer clients.The rise of e-commerce provided more opportunities to entrepreneurs and importation is critical in their business for them to remain competitive by availing more affordable materials at a faster time of delivery.
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