Shipment of goods through carrier

Duty optimization involves strategically managing tariffs, taxes, and customs duties to minimize costs associated with importing and exporting goods. PGL helps its customers by analysing product classifications, trade agreements, and duty drawback opportunities to reduce payable duties. Through expert guidance and efficient processes, PGL ensures cost savings, compliance, and improved profitability in global trade operations.

Included Services

Tariff Classification and Reclassification

PGL assists customers in accurately classifying goods under the correct Harmonized System (HS) codes. Proper classification ensures that shipments are subject to the lowest applicable duties and taxes, reducing overall import costs. PGL’s expertise helps prevent costly misclassifications that could lead to fines or delays.

Utilization of Free Trade Agreements (FTAs)

PGL helps customers leverage applicable FTAs by verifying eligibility and preparing necessary certificates of origin. This service enables businesses to benefit from reduced or zero tariffs on qualifying goods, lowering import/export expenses while ensuring compliance with international trade rules.

Duty Drawback and Refund Management

PGL supports customers in recovering duties paid on imported goods that are later exported or destroyed. By managing the duty drawback process efficiently, PGL helps businesses recoup costs, improving cash flow and overall supply chain cost-effectiveness.

Customs Valuation Optimization

PGL advises on accurate customs valuation methods to minimize dutiable value without violating regulations. This service ensures customers pay the lowest legitimate duties by correctly declaring the value of goods, thereby optimizing import costs and maintaining compliance with customs authorities.

Common Questions

How can we reduce the amount of customs duties and taxes paid on imported goods?

PGL analyzes product classifications and applicable trade agreements to ensure goods are correctly categorized, helping customers benefit from lower tariff rates and reduce overall duty expenses.

Can Petrocom help us take advantage of Free Trade Agreements to minimize import/export duties?

Yes, PGL verifies eligibility for FTAs and prepares all required documentation, such as certificates of origin, enabling customers to access reduced or zero tariff benefits and optimize their duty costs.

What solutions does Petrocom offer for recovering duties on goods that are re-exported or unused?

PGL manages duty drawback and refund processes, helping customers reclaim duties paid on goods that are later exported or destroyed, thereby improving cash flow and reducing logistics costs.

How does Petrocom ensure accurate customs valuation to avoid overpayment of duties?

PGL provides expert guidance on customs valuation methods, ensuring customers declare the correct value of goods. This minimizes the dutiable value legally, helping avoid overpayment while maintaining compliance with customs regulations.

Quality & Performance at the right price

Reliable

Our commitment to precision and reliability in global shipping logistics, ensuring your cargo arrives safely and on time, every time.

Fast Delivery

Our streamlined logistics guarantee swift and efficient deliveries, ensuring your goods reach their destination in no time.

Global Network

We seamlessly connect your shipments across borders, ensuring a smooth and efficient global logistics experience.

24/7 Support

We offer 24/7 communication with our team of logistics professionals and real time updates