duties and vat News

Tiktok Shop to Simplify Thailand Import Taxes for Sellers by 2026

TikTok Shop announced that starting January 21, 2026, the Thailand station will uniformly collect import duties on direct mail orders and provide estimated tariff amounts. The collected taxes and fees will not be included in the platform fee calculation, reducing seller costs. This measure aims to simplify cross-border e-commerce operations and improve seller profitability. By handling import duties, TikTok Shop streamlines the process for sellers, allowing them to focus on sales and marketing, ultimately boosting their earnings within the Thai market.

02/03/2026 Customs Knowledge

US Imposes New Tariffs on Canada Trade Partners

The Trump administration's new tariff policy raises the import duties on Canadian goods to 35% and adjusts the reciprocal tariff structures for approximately 70 trading partners, posing new challenges for the global supply chain.

08/05/2025 Customs Knowledge

Commercial Invoices Key to Global Trade Sellers Often Misunderstand

The commercial invoice is a core document in cross-border transactions, with five common types including formal commercial invoices, sample invoices, and VAT invoices. Sellers must avoid common pitfalls and ensure the invoice content is standardized to effectively secure customs clearance and maintain compliance in their operations.

09/16/2025 Logistics Encyclopedia

HS Code and Tariff Guide for Hexachlorodifluoropropane Released

This article discusses the customs duties and related information of hexachlorodifluoropropane (HS code: 2903455000), analyzing its tax rate status and compliance requirements during import and export processes. It emphasizes the importance of paying attention to policy dynamics to reduce trade risks.

07/09/2025 HS Code Query

ATA Carnet Eases Temporary International Trade Processes

The ATA Carnet is an international customs document that allows goods to be temporarily imported without paying duties, simplifying customs procedures. Accepted by approximately 80 countries and regions, it is applicable to a wide range of products, greatly facilitating international trade.

08/05/2025 Customs Knowledge

First Sale Valuation Cuts Import Tariffs and Costs for Businesses

First Sale Valuation is a rule that helps U.S. importers reduce customs duties. By assessing the value of goods based on the first sale price rather than the final transaction price, qualifying importers can effectively save costs and enhance market competitiveness.

08/05/2025 Customs Knowledge

HS Code 9617001910 Tax Rates for Vacuum Insulated Bottles Clarified

This article elaborates on the HS code 9617001910 and its tax rate information, analyzing its significance as a vacuum thermal insulation bottle in international trade, particularly regarding the imposition of export duties and the differences in most-favored-nation tax rates among countries.

09/16/2025 HS Code Query

HS Codes Tax Rates Detailed for Frozen Pine Nuts Trade

This analysis delves into the HS code 0811909021 for frozen Korean pine nuts and its related tax rates, including export duties, value-added tax, import rates, and regulatory conditions. It aims to provide exporters with comprehensive market insights to facilitate successful international transactions.

08/08/2025 HS Code Query

HS Code 4801009000 Newsprint Tax and Market Impact

The HS code 4801009000 corresponds to sheets and other newsprint, with an export tax rate of 0% and VAT at 13%. When declaring goods, it is important to pay attention to factors such as brand, use, and specifications, with no special regulatory requirements. This code highlights the importance of product classification and tax information in modern trade.

09/16/2025 HS Code Query

ATA Carnet Simplifies International Trade for Businesses

The ATA Carnet serves as a duty-free passport for international trade, allowing businesses to temporarily import goods into over 80 countries and regions without customs duties. By simplifying customs procedures, it helps companies reduce costs and enhance cross-border business efficiency, making it a vital tool for promoting international trade.

08/05/2025 Customs Knowledge

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Tiktok Shop to Simplify Thailand Import Taxes for Sellers by 2026

US Imposes New Tariffs on Canada Trade Partners

Commercial Invoices Key to Global Trade Sellers Often Misunderstand

HS Code and Tariff Guide for Hexachlorodifluoropropane Released

ATA Carnet Eases Temporary International Trade Processes

First Sale Valuation Cuts Import Tariffs and Costs for Businesses

HS Code 9617001910 Tax Rates for Vacuum Insulated Bottles Clarified

HS Codes Tax Rates Detailed for Frozen Pine Nuts Trade

HS Code 4801009000 Newsprint Tax and Market Impact

ATA Carnet Simplifies International Trade for Businesses