The customs department of almost every country would have already defined different regulations based on different classifications. When you include the incorrect code, there might be a risk of unintendedduties and taxes, higher restrictions on importing, or in the worst-case scenario, rejection of ...
According to the Chinese customs, imports from China by the European Union dropped by 8.9% year-on-year in the first 7 months. However, statistics from the U.S. Department of Commerce showed that imports from the United States by the European Union increased by 7.9% in the first half of ...
Customs protection is divided into active protection and passive protection. These two modes of protection are quite different. Under normal circumstances, customs has the right to investigate and deal with goods suspected of infringing intellectual property rights registered in the General Administration o...
The Waybill is usually accompanied by the Commercial Invoice which acts as a supporting document for the value of the goods declared on the Waybill. If the values don’t match, the shipment could be held up at customs. The Waybill is attached to the exterior of the sh...
I am He Chao, a senior student in the Power Department. Here, I'd like to share my experience with you. Since I came to the university, I have always been monitor of my class. I have done a very good job for my classmates, and in turn have received a good praise from both my ...
The U.S. Customs and Border Protection Agency, a federal law-enforcement agency of the U.S. Department of Homeland Security, oversees the regulation of international trade, collecting customs, and enforcing U.S. trade regulations. Within the United States, the three forms of quotas are absolute...
Offshore trade refers to the trade of goods between residents and non residents in China where goods do not actually enter or exit China's frontline customs territory and are not included in China's customs statistics. 离岸贸易是转口贸易主要构成业态之一,即国际订单的撮合与结算。
Since 1980, the Department of Commerce has conducted 14 Section 232 investigations.9 How Do Section 232 Investigations Impact NAFTA? Under NAFTA, Canada and Mexico were granted exemptions from the steel and aluminum tariffs, although those countries faced tariffs on other goods and materials. ...
No, they are invalid. The reason is HSN is a mandatory requirement for claiming input tax credits and ensuring compliance. 9. Are HSN codes the same across all countries? Yes, they are identical in all the countries that are under the World Customs Organisation (WCO), which is over 200 ...
The latter is equally important for raising your firm's valuation and assets under management, or AUM. Financial planning is often seen as a loss leader for many financial advisors so they can gather AUM. However, done well, it is often the catalyst for a long and enduring relationship ...