importer of record vs consignee
importer of record vs consignee (IOR) and the Consignee are distinct roles in international trade, although they are often related: 1 Importer of Record (IOR) Legal Responsibility: The IOR is the legally responsible entity for imported goods. 2 Key Responsibilities: Ensuring compliance with all import regulations and laws. 3 Accurately completing and submitting all necessary import documents. 4 Paying import duties, taxes, and any other charges imposed by the destination country. 5 Classifying the imported goods. Ensuring compliance with import restrictions and prohibitions. 6 Being prepared for potential audits by customs authorities in the destination country. Consignee Recipient of Goods: The Consignee is the person or entity designated to receive the imported goods at their destination. 7 Responsibilities: Arranging for the transportation of goods from the port or airport of entry to their final destination. Inspecting the goods upon arrival to ensur...