Tariffs, duties, and taxes are terms, often used interchangeably, used to denote the fees levied by governments on the value of imported goods. The rates for tariffs, duties, and taxes differ as per the customs rules and regulations of different countries. Apart from the standard duties, there can be several additional charges levied upon products as decided by individual countries.
Trademo Compliance provides real-time updated information on tariffs, duties, and taxes for over 31 countries. This enables users to minimize manual efforts while determining the relevant duties and tariffs for their goods and ensuring adherence to regulatory compliance.
Our Landed Cost calculator tool helps users identify FTAs or Free Trade Agreements in specific trade lanes. With an automated process of finding FTAs, the tool presents users with all opportunities of reducing duties and taxes wherever possible and lowering the landed cost for their goods.
Trademo Compliance is integrated with a notification engine that generates email alerts for users on each transaction made. The alerts notify the users about any kind of update in the duties, taxes, HS codes, FTA rates, product descriptions, etc. Users can set alerts on specific transactions for which they want to track changes.
Trademo Compliance incorporates a vast library of HS codes presented in the tree view format. Users can browse through the HS codes to classify their products correctly and get information on all the relevant tariffs, duties, and taxes applicable to them.