Nippon Express has announced that it will sequentially end advance payment of customs duties, consumption tax, and other taxes for import customs clearance operations at its locations nationwide by September, shifting to a system of “direct tax payment” by customers.
Until now, it has been common practice for customs brokers to temporarily advance customs duties, consumption tax, and other taxes at the time of import customs clearance. However, in light of the spread of electronic tax payments promoted by the Japanese authorities and a broader movement within Japan’s logistics industry to ensure fair and appropriate transactions, the company has decided to transition to the new method in order to contribute, as an Authorized Economic Operator (AEO), to the creation of a proper trading environment.
As alternatives to advance payment, Nippon Express recommends switching to one of the following methods: “real-time account transfer (direct payment),” in which customs automatically withdraws taxes from a designated bank account at the time of declaration; “electronic payment via the multi-payment network,” which uses internet banking or ATMs in Japan; or the “tax payment due date extension system,” which allows the payment deadline to be extended by up to three months by providing collateral (generally not required for certified special importers).
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