CARM: What all importers need to know about CARM

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How to cut import duties and taxes paid on freight deliveries

Make sure you insist that freight charges are shown on your Supplier’s Commercial Invoices.  That’s important because freight charges can be deducted from the invoice value used for customs clearance purposes, resulting in less import duties and taxes paid (depending on Incoterms).    

Quick Tip #36
Report Lost and Damaged Cargo to your Forwarder, Carrier and Insurer as soon as possible

Any loss or damage to cargo should be reported immediately to the company or the company’s nearest settling agent.

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