Looking for a fulfilment centre in Australia? Latest tips to improve Aussie ecommerce logistics See All Cost of Goods Sold: What Is COGS and What’s Included? Shipping Documents: Essential Import & Export Docs (2025) Misshipments: Why They Happen and How to Reduce Them...
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Customs and regulations are the complex web of rules, procedures, and legal requirements that govern the movement of goods across international borders. They include import/export laws, tariffs, duties, quotas, and national and international standards compliance. Customs duties and tariffs directly aff...
However, while a commercial invoice verifies a sale, it does not prove ownership of the goods. That role belongs to the Bill of Lading, which acts as the title document for shipments. Without a properly completed commercial invoice, export shipments can face delays, penalties, or even rej...
This high threshold facilitates trade by allowing goods valued at USD $800 or less to enter the country without incurring duties or taxes, which significantly benefits both businesses and consumers by reducing costs and simplifying the import process Australia: Australia also has a high de minim...
If you’re looking to import goods from China and send payment in CNY, it will be beneficial to open a CNY-denominated bank account with a bank that offers international services. This facilitates receiving and sending payments in CNY. You can also look into fintech platforms that specialise ...
The seller includes the cost of goods, delivery to the port of destination, and all export requirements. The buyer accepts the risk once the cargo is aboard the ship. FOB pricing will always include a seaport where the seller agrees to export. Anytime a quotation includes FOB, it means the...
What is the meaning of recommerce? Recommerce simply means selling goods that have previously been owned by someone else. Also known as a resale program, some retailers buy back items they’ve already sold and repackage them to sell again. ...
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