Members: 0 member(s)

Shares ?

0

Clicks ?

0

Viral Lift ?

0%

Business 320 views Mar 06, 2018
The Role of Clearing Agents in Logistics

Logistics is a vital aspect of our daily life. A significant part of the logistics business contributes towards a country’s economy. The process of transporting goods is quite complicated and requires expertise in the field. It is a step-by-step process.

The objective of the clearing agents in Cape Townis primarily to check the insurance of the export and import goods. After collecting the required data about the cargo, they group them into different categories. This determines the export or import fees of the goods. They have to play the role of a coordinator basically. Another task of these clearing agents in Cape Town is to keep the records safely such that a person can refer to them in case of any discrepancy. (Information Credit – http://www.optimainternational.co.za/projects/page/about)

Let’s look at the role of the clearing agents in the logistics department elaborately.

  • As said earlier, the clearing agents have to determine the correct tariff of the goods for the customs duties (if applicable).
  • According to the tax rate of a country, the clearing agents must calculate the import duties and taxes/VAT that must be paid by the interested parties.
  • The clearing agent has to confirm that the information received from the consignee and the shipper is authentic before submitting them to the customs clearance department. If they do not adhere to strict norms of the customs department then, both the logistics company and its customers have to face huge penalties. Therefore the role of the clearing agents is of utmost importance in the logistics business.
  • The clearing agent has to frame the Bill of Entry (BOE). This needs to be given to the customs/SARS via electronic data interchange (EDI).
  • Other duties regarding customs clearance that include port health exams, specific cargo requirements in accordance to the laws should be seen to avoid any penalty or delay.

The duty of the clearing agent does not end with the release of the customs clearance papers. They also need to look at the various modes of transport.

  • Air: The clearing agents have to check the process through which the cargo is transferred from the warehouse of the logistics company or their clients’ own warehouse to the consignee. After this, the cargo will be shipped via air services.
  • Sea: The clearing agents will have to see that all the requirements are met for transport by sea. Then, the goods would be given in care of the consignee that will assign the goods to ships going to different regions according to the goods’ destination.
  • Road: In case of road freight, the limitations of the vehicle have to be taken into consideration. The clearing agent sees that everything is completed smoothly.
  • LCL (less than container load): The cargo is collected from a specialised licensed warehouse first and then delivered.
  • FCL (full container load): The release notice is handed out depending on the shipping line depot agreement and the transport agreement. The container is then handed over to the consignee.

Therefore, the clearing agent in Cape Town plays an essential role when it comes to logistics service.