Inspection Fee
A charge applied when authorities or customs agencies inspect a shipment to ensure compliance with trade regulations safety standards or security measures.
Definition
A charge applied when authorities or customs agencies inspect a shipment to ensure compliance with trade regulations safety standards or security measures. Inspections may occur randomly or as part of a targeted review based on risk assessment
Related Terms
IATA (International Air Transport Association)
A global trade association for airlines that sets industry standards for air transportation.
IBC (Intermediate Bulk Container)
A durable reusable container designed to transport or store bulk liquids chemicals or powders.
Import Declaration
A document filed with customs authorities that provides detailed information about imported goods.
Import Duty
A tax imposed on goods imported into a country.
Importer Security Filing (ISF)
The Importer Security Filing (ISF) commonly referred to as \10+2\" is a mandatory filing required by U.S. Customs and Border Protection (CBP) for shipments entering the United States by ocean freight."
In-Bond Shipment
A type of shipment that moves under customs bond before the import duties and taxes are paid.
Ready to unblock your supply chain?
Join the fastest growing businesses shipping with Cubic.