Which term describes the declaration used to indicate entry of imported goods into the country?

Which term describes the declaration used to indicate entry of imported goods into the country?

• A. Importation
• B. Goods Declaration
• C. Export Declaration
• D. Freight Forwarder

Answer: (B)

The declaration used to indicate entry of imported goods into the country is a Goods Declaration. This official document or electronic record is submitted to customs with details about the goods—description, value, origin, tariff classification, quantity, and other required information. It starts the customs process: valuation, duty assessment, controls, and release of the goods. It is different from an Export Declaration, which is for goods going out of the country, and from the act of importation itself, which is the physical bringing in of goods. A Freight Forwarder may prepare and lodge this declaration, but the declaration itself is the Goods Declaration.

The declaration used to indicate entry of imported goods into the country is a Goods Declaration. This official document or electronic record is submitted to customs with details about the goods—description, value, origin, tariff classification, quantity, and other required information. It starts the customs process: valuation, duty assessment, controls, and release of the goods. It is different from an Export Declaration, which is for goods going out of the country, and from the act of importation itself, which is the physical bringing in of goods. A Freight Forwarder may prepare and lodge this declaration, but the declaration itself is the Goods Declaration.