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Glossary

Deferment Fee

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This is the cost for having your freight forwarder/customs broker pay the Duty and VAT to the customs authorities on your behalf, before billing it to you directly.

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This is the cost for having your freight forwarder/customs broker pay the Duty and VAT to the customs authorities on your behalf, before billing it to you directly. It is often calculated as a percentage of the amount of Duty and VAT paid.

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