{"@context":"https://schema.org","@type":"DefinedTerm","name":"Customs credit","description":"Importers with high and regular duty volumes apply for a customs credit facility to defer payment of duties, import VAT, and other entry charges beyond the standard clearance date, within a period approved by the customs authority. The arrangement is typically secured by a bank guarantee or equivalent financial security, protecting the authority against default. For the importing business, it functions as a liquidity buffer: large duty amounts do not need to be funded on the exact day of clearan","inDefinedTermSet":{"@type":"DefinedTermSet","name":"Frachtportal Logistics Glossary","url":"https://www.freight-academy.com/en/glossary"},"url":"https://www.freight-academy.com/en/glossary/customs-credit","inLanguage":"en","dateModified":"2026-06-22T17:12:35.603206","citation":"https://www.zoll.de","markdownMirror":"https://www.freight-academy.com/api/md/glossary/en/customs-credit","provider":{"@type":"Organization","name":"Frachtportal","url":"https://www.freight-academy.com"},"quickSummary":"Customs credit · Importers with high and regular duty volumes apply for a customs credit facility to defer payment of duties, import VAT, and other entry charges beyond the standard clearance date, within a period approved by the customs authority. · Quelle: https://www.zoll.de"}