International shipments have to go through the customs clearance process before they can enter into the United States. This process relies heavily on accurate documentation, including various calculations related to the goods. Even a small miscalculation can lead to a delay in the customs clearance. Those delays, even if they don’t seem major, can cause significant supply chain disruptions.
It’s critical that every shipment that goes through customs contains accurate information. This is especially important if the goods are perishable because those goods could spoil due to the delay.
What can cause a miscalculation of goods?
Miscalculation of goods can happen in a variety of ways. This can include any aspect of the product details for the shipment. Underreporting the value of goods is one of the most common miscalculations that can occur. If customs officials believe that the goods are underreported, they can hold the entire shipment for inspection.
Another issue is misclassification of the goods under the wrong Harmonized Tariff Schedule code. This can lead to disputes about what duties are owed and in what amount, which can significantly delay the release.
The issue of goods miscalculations in customs can have other consequences for businesses. In some cases, these situations lead to legal issues, particularly if there are elements of fraud or intentional misrepresentation. This could spark civil and legal cases that can be costly and time-consuming for the business.
It’s critical that any company facing issues with miscalculations of goods in a customs situation understands its obligations and rights. These matters can be complex, so working with someone who understands these matters is critical.