Deferment Fee
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A deferment fee is a charge assessed by a freight forwarder or customs broker. What is the purpose of this fee, and how is it calculated?
Why do freight forwarders or customs brokers charge a deferment fee? What problem does it solve for importers?
Explain the process of deferring payment of Duty and VAT. How does this service benefit importers?
What is the formula or method used to calculate the deferment fee, and is it based on a percentage?
Are importers always required to pay a deferment fee, or are there situations where they can avoid it?
Are there other options for handling Duty and VAT payments, aside from using deferment services?
What factors should importers consider when deciding whether to use deferment services or explore alternative options?
How can importers make an informed decision about deferment fees? What role do freight forwarders or customs brokers play in this process?
Why is it important for importers to discuss their specific import needs with professionals in this field?
Summarize the key points related to deferment fees and their implications for importers.
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