What is an Abandoned Shipment in Customs?
What is Abandonment in Customs? Abandonment is the term used to describe the act of abandoning an entire shipment with the intent of not taking the risk of the shipment…
What is Abandonment in Customs? Abandonment is the term used to describe the act of abandoning an entire shipment with the intent of not taking the risk of the shipment…
When it comes to understanding letters of credit, you have to also understand the term UCP600. UCP stands for the "Uniform Customs and Practice for Documentary Credits". This is a…
HS code engineering or tariff engineering is the term used to describe a broad set of activities undertaken to change the way a product is classified under WCO's harmonized system…
The ASEAN Single Window refers to the enterprise platform that integrates all the National Single Windows (NSWs) of member states. This network allows for the flow of information via electronic…
HS Traders must provide HS codes to Customs authorities when they want to import or export products into a country. This information is usually declared on the import declaration. These…
Delivered Duty Paid or DDP, is the only Incoterm that requires the seller to act as the importer of record in the buyer's country. Buyer's typically opt to trade on…
This article will deal with several types of Customs declarations that you may need to make to Customs. Traditional Commercial Imports Most countries will require for all commercial imports to…
A General Guide for Singapore Exporters The Customs Act deals with regulations concerning exports from Singapore. Other important legislations that impact export activities from Singapore are the Strategic Goods (Control)…
In most countries, a Customs broker can be loosely defined as a person or entity that is authorized by the Customs authority to make import or export declarations on a…
What does importation into Singapore mean? Importation refers to the process of bringing goods; either from an FTZ (Free Trade Zone) or any other entry point into a Customs territory,…
Thailand's HS tariff book is structured to hold an 11 digit HS code. This 11 digit HSN number must be declared to Thai Customs for all imports and exports. As…
On the 21st of April 2020, the Royal Malaysian Customs released a circular that instructed traders to re-appoint their Forwarding Agents through the uCustoms portal. This is in line with…