Digital Customs Adjustment

Customs is the system of laws, administrative procedures and organizational bodies governing the cross-border movement of goods, including the assessm...

Adjustment of assessed customs duties and charges following a post-clearance audit, or correction of data in a customs declaration, resulting in a cha...

The adjustment of customs duties refers to corrections or adjustments to the duties assessed on an import or export transaction, made to reflect chang...

Customs value adjustment refers to adjusting the customs value of goods or a shipment to reflect updated or corrected price or valuation parameters, s...

A statute that governs customs duties, tariff classification, border controls, and procedures for import and export, including declarations, inspectio...

A contractual provision that allows the buyer and/or seller to adjust the price, payment terms, or delivery terms in response to changes in customs du...