Some countries have a zero de minimis threshold, meaning all imported goods are subject to duties and taxes regardless of their value. Countries with a zero de minimis threshold include Egypt, Nigeria, and Sri Lanka, among others. Country tariff rates ...
While Shopify does not currently support adding HTS codes to products, the first six digits of an HTS code are the equivalent of an HS code, and can be inputted. This allows you to show international customers an estimate of duties at checkout. Duties are calculated based on a few factors...
Businesses wishing to import and export such goods will need to apply for special licenses from the origin and destination countries. Each country will have separate requirements and rules, and you’ll need to provide a licence for each separate shipment. YourDHL Express expertcan provide ...
Because the algorithm adjusts as it evaluates training data, the process of exposure and calculation around new data trains the algorithm to become better at what it does. The algorithm is the computational part of the project, while the term “model” is a trained algorithm that can be used...
Make sure your partner is well-equipped to scale as your business does, using warehousing technology like:RFID scanners Warehouse management software Collaborative robots, like Chuck “As an integral part of your 3PL partnership, the key thing to look at in an international warehouse—beyond, ...
Skills gap: Data science is a rapidly growing and evolving field. As demand for data analytics increases, so does demand for talent, meaning top candidates are often snatched up immediately and at top dollar. That skills shortage requires companies to get strategic when building out a data scien...
Last October, Nigeria was rocked by the largest protests in decades, as many thousands marched against police brutality, and the infamous Sars police unit. The “EndSars” protests saw abuses by security forces, who beat demonstrators, and used water cannon and teargas on them. More than 50 ...
The Federal Inland Revenue Service considers demurrage asan income chargeable under the CITAwhile shipping companies regard it as part of shipping income earned in respect of inbound operation which should not be taxed, as inbound freight income is not taxable in Nigeria. ...
The Lekki Deep-sea Port in Nigeria has been completed and entered service, becoming a major modern deepwater port in Central and Western Africa. The Silk Road Maritime network has continued to expand. By the end of June 2023, it had reached 117 ports in 43 countries, and more than 300 ...
Dear sir. Does sgs certification for exported goods protect the exporter from rejection of goods by the importer. Thankyou. Murali Bangalore jim kennedy:On 29 January 2022 We are trying to ship note book computers for evaluation purposes to Kenya, Uganda and Nigeria and are being informed that ...