WCO Enhances Georgias Tax Valuation for Modern Administration

WCO Enhances Georgias Tax Valuation for Modern Administration

The World Customs Organization (WCO) conducted a valuation workshop for the Georgian Revenue Service (GRS) to enhance the expertise of customs officials in areas such as royalties, risk analysis, advance rulings, and transfer pricing. By focusing on challenges and sharing the 'WCO Guide to Customs Valuation and Transfer Pricing,' the workshop strengthened cooperation between customs and tax authorities. This initiative supports the modernization of tax administration in Georgia and helps maintain international trade order.

01/07/2026 Customs Knowledge
Read More
US Shippers Warned Accurate HTS Codes Crucial for Ocean Bills

US Shippers Warned Accurate HTS Codes Crucial for Ocean Bills

This article delves into the significance of Customs Codes on US Ocean Bills of Lading. It explains the potentially severe consequences of omitting or incorrectly entering the Customs Code, including fines and delays. The article also provides practical advice on avoiding violations, emphasizing how importers can ensure compliant operations and avoid unnecessary losses. Accurate Customs Code information is crucial for smooth customs clearance and preventing penalties in international trade with the United States.

01/30/2026 Customs Knowledge
Read More
WCO Boosts Global Trade with New Performance Metrics

WCO Boosts Global Trade with New Performance Metrics

The World Customs Organization has launched the second round of its Performance Measurement Mechanism, aiming to empower member customs administrations to improve strategic decision-making and overall effectiveness through a standardized assessment framework. This mechanism covers key areas such as trade facilitation, revenue collection, and security, promoting global customs modernization and contributing to trade facilitation and economic security. A call is made for active participation from all members to jointly build an efficient and secure global customs system. This initiative will help customs administrations enhance their performance and contribute to a safer and more prosperous global trade environment.

01/30/2026 Customs Knowledge
Read More
Inventory Daily Closing The Key to Ensuring Accurate Warehouse Management for Enterprises

Inventory Daily Closing The Key to Ensuring Accurate Warehouse Management for Enterprises

Daily inventory accounting is a crucial activity for businesses, summarizing and reconciling stock at the end of each day. It not only ensures data accuracy amid complex supply chains but also improves management efficiency through technological advancements. This helps companies control operational costs and meet financial and audit requirements. Depending on the nature of different businesses, the frequency of inventory management should be flexibly determined to achieve optimal management results.

11/30/-0001 Warehousing
Read More
Kohls Marketplace Expands Crossborder Sellers Access to North America

Kohls Marketplace Expands Crossborder Sellers Access to North America

Kohl's Existing Account offers a fast track for cross-border e-commerce sellers to enter the North American market. It helps sellers quickly profit and achieve multi-platform synergistic development by saving onboarding time, avoiding audit risks, connecting to platform traffic, adapting to mature supply chains, lowering operational barriers, and diversifying platform risks. Choosing a reliable service provider is crucial to ensure the compliance and security of the existing account.

01/15/2026 Logistics Industry Insights
Read More
Decoding The Role And Importance Of Random Documents In Air Transport

Decoding The Role And Importance Of Random Documents In Air Transport

Random documents accompanying air freight shipments, including packing lists, invoices, and certificates of origin, are crucial for overseas customs clearance and other purposes. Their main function is to facilitate customs clearance at the destination port, aid in cargo sorting at the airport freight station, and prevent delays for clients during the customs process. Timely handling of these random documents is essential to ensure an efficient international logistics flow, avoiding potential delays when clearing goods through customs.

07/21/2025 Logistics Encyclopedia
Read More
WCO Backs Secretariat in Postpandemic Trade Revival

WCO Backs Secretariat in Postpandemic Trade Revival

The World Customs Organization (WCO) Council supported the Secretariat, focusing on key areas like capacity building and trade facilitation. By adopting resolutions such as the HS 2022 Amendments, the WCO COVID-19 Action Plan, and the SAFE Framework 2021, the WCO aims to simplify customs procedures, strengthen international cooperation, and improve customs management. These efforts are designed to contribute to global economic recovery and safeguard trade development in the post-pandemic era by empowering customs administrations around the world.

01/05/2026 Customs Knowledge
Read More
WCO Introduces AI Course for Xray Analysis to Boost Trade Security

WCO Introduces AI Course for Xray Analysis to Boost Trade Security

The World Customs Organization (WCO) has launched a new online course, "Image Data Analysis," aimed at enhancing customs officers' ability to analyze X-ray images using AI technology. The course covers image processing, convolutional neural networks, and other relevant topics. Through practical exercises, participants will learn how to build AI models, contributing to a more efficient and secure customs environment. This program empowers customs officials with the skills to leverage AI for improved detection and risk management.

12/30/2025 Customs Knowledge
Read More
WCO Shifts Focus to Capacity Building Amid Economic Strains

WCO Shifts Focus to Capacity Building Amid Economic Strains

A high-level working group meeting of the World Customs Organization (WCO) explored customs capacity building in the context of the global economic situation. The meeting reviewed project progress and planned the functions of the new committee, aiming to contribute to the development of customs worldwide. Discussions focused on enhancing efficiency and effectiveness of customs administrations to facilitate trade and ensure security, aligning with the WCO's commitment to supporting its members in adapting to evolving global challenges.

12/30/2025 Customs Knowledge
Read More
WCO Enhances Asiapacific IP Protection with Certified Experts

WCO Enhances Asiapacific IP Protection with Certified Experts

The World Customs Organization (WCO) has completed a Technical Operational Advisor (TOA) certification training program in Japan, focusing on Intellectual Property Rights (IPR) in the Asia-Pacific region. This initiative aims to enhance the region's customs capabilities in combating counterfeit and pirated goods. Following rigorous assessment and training, customs officials from various countries will become key WCO resources in the region, providing technical support to member customs administrations and collectively addressing the increasingly complex challenges of intellectual property infringement.

01/05/2026 Customs Knowledge
Read More