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…
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…
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…
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…
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…
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…
Stink bug measures in Australia are implemented by authorities to prevent the spread of the brown marmorated stink bug in the country. These bugs see seasonal increases in places like…
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…
Importing in China Some of the factors that determine whether your goods will clear Customs or not include the goods value, their product code, and their description. These factors often…
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…
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,…
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…