As highlighted in recent Goods Compliance Reports and media releases, the Australian Border Force (ABF) compliance focus is escalating - add to the mix rising global trade tension, the risks and complexity of providing customs and logistics services have never been greater.
At the same time, competition continues to create constant pricing pressures. This means that licensed customs brokers are often accepting high levels of risks for relatively low returns. If you cannot increase the returns, you can at least take steps to reduce the risks.
An important part of a customs broker's risk management strategy are its terms and conditions of trade. The T&Cs set out the rights and obligations of each party. They can be a shield against claims by your customers and also create important indemnity rights. |
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