Customs, processing & supply chain
For processing, export-production and export-processing enterprises whose customs, warehouse and accounting records must tell one story – to customs, to the auditor and to the tax authority.
The import-export team and the accounting team keep different records of the same goods
Each record can be correct on its own and still disagree with the other. Unreconciled differences can trigger further examination and, where the applicable conditions are met, a customs tax assessment and penalties.
- 01 The customs finalisation report does not reconcile to the stock ledger, and differences roll forward from earlier years.
- 02 Actual consumption has diverged from the BOM after product or engineering changes.
- 03 A post-clearance audit notice has arrived and the supporting records sit in three departments.
- 04 A transfer-pricing adjustment changes the price of goods that cleared customs months earlier.
- 05 Goods were sold locally or transferred without the matching customs procedure.
Four pieces of work, one set of facts
Four-way reconciliation
Customs declarations, BOM, physical stock and ERP inventory and cost accounts, item by item.
Customs finalisation report
Annual reports for export-processing, processing and export-production regimes, reconciled before filing.
Customs value & HS review
Customs value, assists, royalty additions and HS classification reviewed before a customs audit.
Post-clearance review support
Records assembled, positions documented and explanations prepared.
From data request to a position you can defend
- 01 Scope and data request. One list for both teams: declarations, actual consumption norms, BOM, stock movements, invoices and intercompany agreements.
- 02 Reconcile. A single item master with HS code, customs unit, ERP unit and conversion factor.
- 03 Explain and quantify. Each difference classified – timing, units, scrap, error, or goods outside the regime – with its duty and tax effect.
- 04 Fix and file. Corrections, supplementary declarations where needed, and a monthly routine so the gap does not reopen.
- Customs finalisation dossier
- Four-way customs-to-accounting reconciliation matrix
- Scrap-rate and inventory discrepancy file
- HS and customs-value health-check memo
The form of each deliverable depends on the agreed scope, available data and supporting evidence.
Preparing a customs finalisation report or facing a post-clearance audit?
Send a short description. We reply with the information we need and a proposed scope.
