Choose Maersk Global Trade Customs Consulting to navigate various customs landscapes with expertise.
How to prepare your cargo for overseas adventures?
Customs regulations across the Indian subcontinent, the Middle East and Africa are complex and varies significantly from country to country. Understanding the finer nuances of the classifications and processes and predicting a secure journey for your cargo is no easy task in these regions. How to overcome these challenges while expanding your business to global markets?
Expertise is the key in customs. A trusted partner who understands the complexities of your supply chain and local regulations will help make the whole process easier. Maersk Global Trade and Customs Consulting (GTCC) offering can simplify your imports and exports anywhere in the world. We provide visibility and efficiency, a smooth compliance process, and a global network of customs experts to help keep your goods moving round the clock. Additionally, you also get the flexibility of adding customs at the time of booking your ocean shipment or at a later stage.
Maersk Global Trade and Customs Consultation (GTCC) offers your business the customs expertise it needs every step of the way.
With Maersk GTCC, you can enjoy a wide range of customs offerings:
- HS classification
- Trade Compliance Services
- AEO Guru
- Customs Strategy and Optimisation
- Border Management and Consulting
Accurate classification for all-time compliance
Harmonised System (HS) classification is an international commodity nomenclature developed by the World Customs Organisation and is used by countries across the Indian subcontinent, the Middle East and Africa as a basis for customs tariffs.
If your cargo doesn’t meet the right HS Classification requirements, it can lead to unexpected supply chain disruptions, duty overcharges, and hefty penalties. We help you reduce the risk of delays and fines due to non-compliant classifications and identify opportunities for tariff reductions and other savings.
Benefits of Maersk’s HS classification:
- Accurate classification eliminates the possibility of delays and penalties.
- Identifies opportunities for tariff reduction and other cost savings.
- Identifies potential classification issues and recommends corrections.
Trade Compliance Services: Visibility over future risks and opportunities
Trade Compliance Services is an offering under GTCC that helps you reduce trade compliance risks and prepare your business for new regulations. We analyse your supply chain data and compliance procedures to identify risks and support you in fixing them through workshops, training and customs health checks.
Our team will also help you engage with government agencies in appeals and voluntary disclosures as well as prepare for audits. With our assistance, your company can build in-house capability for long-term benefits and stay on top of risks.
The focus areas of Trade Compliance Services include:
- Classification and valuation
- Export controls and sanctions
- Customs regimes such as warehousing and inward processing
- Engagement with government agencies in appeals and voluntary disclosures
AEO Guru: Bringing predictability to your supply chain
Acquiring an AEO (Authorised Economic Operator) status can make your export business more streamlined and efficient. The certification implies a relationship between customs and the applicant/AEO based on mutual transparency, fairness and responsibility.
Maersk AEO Guru is an advanced advisory and consulting service that helps you with analysis, preparation, implementation and application to achieve and maintain the AEO/Trusted status. We will support you in building a strong internal compliance system within your company.
Moreover, our AEO Management Software will simplify and digitise compliance for you with a real-time view of current compliance levels across your organisation.
Focus areas of Maersk AEO Guru:
- AEO awareness
- AEO gap analysis & impact assessment
- AEO implementation
- AEO maintenance
- AEO audit & review
Customs Strategy and Border Management Consulting: Building competence in your compliance procedures
Strengthen your business in compliance and security matters with Maersk GTCC Customs Strategy and Optimisation. And in turn, make your cargo ready for predictable and efficient international journeys.
In addition, Maersk GTCC offers Border Management Consulting to support governments in reforming, modernising and transforming customs in line with international standards. The expertise covers key areas like Authorised Economic Trader (AEO), risk management, border management, digitisation and trade facilitation.
Key offerings of GTCC Customs Strategy and Optimisation:
- Workshops and trainings on Free Trade Agreements, recovery of overpaid duties, VAT recovery on exports, bonded warehousing and more
- Analysis of article registries to quantify available savings
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