About Landed Cost Estimation on a Trade Transaction or a Declaration

Oracle Global Trade Management (GTM) helps companies that require the calculation of landed cost on trade transactions/declarations.

The Landed Cost Estimation process helps you to improve productivity by:

• Automating the process of calculating the taxable base amount for customs duty
• Automating the process to estimate duty and taxes on a transaction or a declaration
• Automating the process to calculate landed cost on a transaction or a declaration

You can:

• Setup an external duty/tax service
• Assign values related to the calculation of duty and taxes automatically
• Calculate values related to the calculation of duty and taxes automatically
• Make a call to an external service to get the estimated duty and taxes
• Allocate values such as charges and/or taxes automatically
• Calculate landed cost automatically