Customs > Importations

Importation process

Imports cover the domestic needs of a country by covering the lack or inadequacy of goods, for their price or quality and to increase competitiveness in the internal market.

12 Dic 2013 -

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Within the European Economic Community, the importation of goods, depending on their characteristics, receive different names such as those of: entrance of goods, insertion and intra communitary adquisicions.

Imports are regulated by a number of measures among which the most important are: customs duties, which are a set of taxes that countries add on to the value of the goods entering their territory from other countries in order to partially protect domestic products from foreign competition. And also trade regulations which are the legal requirements necessary to be able to import goods, depending on their nature, origin, source, etc.. applying the rules needed on a case to case basis.

Obviously, there are other factors or elements necessary to carry out importations such as: transportation, financial institutions, insurance companies, ports, airports, warehouses and agents or operators to ensure the proper execution of the same.

To import goods we basically need to know the type of merchandise or products to be acquired, as well as quantity, weight, volume, value, origin, source and destination of the same.

From the moment the imported goods arrive at customs, and are deposited in the same by the company providing the transport, they have a certain timeline, depending on whether the entrance of the goods were by sea, air or land, to receive a customs destination, being the most normally used: the importation release for free circulation and the export clearance.

Other customs destinations that can receive goods are: Deposit in a Customs warehouse or free zone, re-exportation, destruction and abandonment.