
Import/Export Legislation
Import/export legislation includes laws and regulations that govern the cross-border movement of goods and services. These rules ensure safety, protect domestic industries, and prevent illegal activities like smuggling or fraud. They specify requirements such as customs duties, tariffs, licensing, and standards for products. Compliance is mandatory for businesses involved in international trade, and authorities enforce these laws through inspections and documentation. Understanding and adhering to import/export legislation helps companies avoid penalties, facilitates smooth transactions, and supports fair, secure global trade operations.