While international trade opens up ample opportunities for an importing company, there are certain unavoidable risks, such as supplier’s failure to provide imported goods that comply with terms of a trade agreement in quantity, quality and other characteristics. One of the efficient solutions is to return the goods to the supplier through a re-export procedure.
Re-export is a customs procedure when previously imported goods or products that underwent certain types of handling, but were not processed, are exported to the same country (direct re-export) or to the third country (indirect re-export).
The advantage of this procedure lies in the possibility of returning the customs duties paid when clearing imports through customs. However, there are certain time restrictions and additional documents required in order to apply the re-export procedure. MainValue offers integrated services for re-exportation of goods and their customs clearance.