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Set of requirements and formalities related to the entry

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Customs clearance is the set of requirements and formalities related to the entry and exit of goods from a particular national territory, to control and approve this movement. It process is based on the declaration of information related to commercial operations to the customs authority. There are TWO (2) ways of clearance, one at the border and another is at the inland. Identify and discuss the issues in consideration of processing clearance at the border or inland.

Companies or organizations may use benchmarking to compare their procedures and performance with others who are involved in the same or different industries; subsequently they may adapt and implement key practices that make other organizations outstanding. Elaborate FIVE (5) barriers in benchmarking.

Reference no: EM133032638

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