customs risk

Risk arising from customs procedures that can lead to additional costs, delays, or penalties due to non-compliance with regulations, incorrect tariff ...

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

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

A customs code, also known as a tariff code or HS code, is an internationally standardized numeric classification system used for the identification a...

A structured, quantitative or semi-quantitative tool used to assess and prioritize risks associated with customs procedures, border controls, and impo...

IT risk in logistics and supply chain refers to the potential of information technology threats or failures to disrupt operations, compromising the co...