Risks of using DAP Incoterm
DAP Incoterm is a term used to describe a buy-sell arrangement where goods are delivered to a specific location, also known as the "named place". DAP is an acronym for…
Can I outsource HS classification?
What is HS classification? HS Classification refers to the process of assigning a tariff code to a product. This is a series of alphanumeric characters that describe a product to…
20 frequently asked questions about HS Codes
1. Is the use of HS codes international? HS codes are used almost globally to identify goods that are imported and exported from countries. All countries that are members of…
Changing container in transshipment port?
Containerization is one of the most common methods of transporting goods today. It involves moving the products from one point to another using shipping containers that come in a variety…
Routed Export Transactions
Routed export transactions International trade comes with a whole lot of abbreviations and terms. Among all that, is the routed export transaction. What does a routed export transaction mean? Well,…
Export General Manifest India
EGM, or the Export General Manifest has to be filed with the Custom authorities before the freight forwarder's transport (carrying cargo for delivery to other countries) departs from India or…
FCA vs EXW
FCA and EXW form part of Incoterms® 2020. Both these terms are very similar. Both of these terms can be used for any mode of transport. However, there are some…
How to export from Singapore?
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)…
What is a deemed export?
Traditional exports involve cross border movement of items, products or services. However, when it comes to technology and information - an export, or deemed export can occur without anything crossing…
Food and Drug Administration: What do they do?
How is the Food and Drug Administration authority's role defined? The FDA or equivalent authority in any country is usually responsible for establishing and enforcing policies relating to efficacy and…
What is a Customs broker?
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…
Rules of Origin
The rules of origin determine quotas, preferential tariff rates, and many similar cross border trade-related concerns. While it may be easy to understand what is meant by referring to the…
