BROKERAGE

Tip of the Month

External agencies such as Trade, TTBS, Food and Drugs, Plant Quarantine, Pesticides & Toxic Chemicals, Valuations, Entry Processing Unit( C84 declaration to be allowed) holds can only be granted after the customs entry have been paid.

Let's Learn About Brokerage

Some people at times when they hear the word; ‘Brokerage / Broker’ they think they are responsible for individuals or Companies being BROKE as they take the word in its literal sense.

 

Odoo • Text and Image

Some even think that; ‘Brokerage / Broker’ is a room filled with arrogant dudes on their phones selling Stocks as seen on the Movies.

 

Odoo • Text and Image

However, a “CUSTOMS BROKER” means an independent person who undertakes or holds himself out as willing to undertake for remuneration, fee or reward to act on behalf of any other person or persons generally, or who in fact so acts in connection with the entering and clearing of goods or other transactions under the customs laws.