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Reduced Disputes: Clear communication and understanding of the Valuation process can minimize disputes between customs authorities and importers. |
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Increased Efficiency: Complying with Valuation procedures and requirements can streamline customs clearance process by reducing delays. |
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Voluntary Compliance: When businesses understand the Valuation rules and consequences of non-compliance, they are more likely to provide accurate information and comply with Valuation procedures and requirements. |
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Improved Business Environment: A transparent Valuation system fosters trust and confidence among businesses engaged in international trade. |
