This means that you need to know how to overcome certain challenges and approach them in a way that won’t compromise your operations in the future. Here is some advice on how to do this. Use the HTS Site to Find the Right Code The Harmonized Tariff Schedule is a document that you ...
What is HS Code? HS Code Explained 29 Aug 2022 7 min read More Customs Freight Forwarding HSN Codes Explained (Harmonized System Nomenclature) 29 Aug 2022 4 min read More Customs Freight Forwarding What Are HTS (Harmonized Tariff Schedule) Codes? 29 Aug 2022 6 min read More ...
As seen in the image above, the HTS code for this particular product is simply ‘0000’. This means that there is 0% in customs duty to pay as an importer, regardless of the product’s country of origin. But there is a 20% value-added tax (VAT) to pay, again, regardless of the...
The easiest way to do so is to know the Harmonized Tariff Schedule (HTS code) of the product. It is a 10-digit code which is used for imports coming into America. Moreover, the first 6 digits are recognized all over the world. After you obtain this code, you can ask your freight...
What is a digital document? A digital document is one that is paperless in its original form, like an invoice that’s sent as a PDF file (via email). Digital document solutions allow both the sender and the recipient to easily access whatever insights are being shared, which means it’s...
The U.S. Foreign Trade Regulations (FTR) require that the Electronic Export Information (EEI) should be filed when the value of the goods in the export shipment is more than $2,500 per Schedule B or HTS commodity classification code. A Routed Export Shipment A routed export shipment is a...
If there are unpaid taxes and duties, the customs will ask them to pay. There are two options for payment, one is DDU (Delivered without Delivery) and the other is DDP (Delivered with Delivery). If the goods are marked as DDP, it means that taxes and duties have already been paid. ...
there’s no way to distinguish between used and unused areas. This means using more machine time to image the whole drive instead of just the parts with data on them. That in itself isn’t such a big deal for our engineers, because machine time is much less valuable than a living engin...
HS, HTS and Schedule B. By making sure your product is classified correctly, you’ll be protecting the U.S. from threats abroad and protecting yourself from severe fines, penalties and even jail time. Export License Determination There are several reasons the U.S. government prevents certain ...
We cannot tolerate that mystification pollutes the minds of the people with outright lies, no less by the seductive means of an exhibition.” The reply by the General Secretary of Maxxi, Pietro Barrera is firm: “This vulgar provocation by FN, which fortunately did not cause any damage, ...