Customs Duty Exemption Nature Codes Explained

Customs Duty Exemption Nature Codes Explained

This article delves into the nature codes for customs exemptions and their classification, definitions, and applicable scope, aiming to help readers understand the tax measures related to exemptions and reductions in international trade. It thoroughly covers statutory taxation, advanced exemption policies, and imports from specific regions, providing businesses with guidance for compliant and smooth import and export operations. Mastering this knowledge will enhance operational efficiency.

07/21/2025 Customs Knowledge
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Ocean Freight Forwarding Gains Importance in Global Trade Expansion

Ocean Freight Forwarding Gains Importance in Global Trade Expansion

This guide outlines the core services of international freight forwarding, including full-container, less-than-container, ocean import/export, and bulk cargo transportation. It details the pricing inquiry and transport solution selection process, emphasizing the provision of dollar-denominated quotes to enhance transport efficiency and ensure cargo safety. Regardless of customers' experience levels, our team is dedicated to providing professional and customized logistics support.

07/29/2025 Logistics Encyclopedia
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New HS Code Rules Affect Importers and Exporters of Key Food Products

New HS Code Rules Affect Importers and Exporters of Key Food Products

The Harmonized System Committee of the World Customs Organization has revised the correlation table of commodities under subheadings 1605.54 and 1605.59 in the 2012 and 2017 editions of the Harmonized System. Enterprises involved in the import and export of relevant aquatic invertebrate products should pay attention to and adjust their commodity code declarations to ensure trade compliance and avoid losses caused by incorrect coding.

01/07/2026 HS Code Query
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Bangladeshs Cargo System Enhances Global Trade Efficiency

Bangladeshs Cargo System Enhances Global Trade Efficiency

To improve international trade efficiency, Bangladesh has implemented an Advance Manifest system, requiring carriers to submit manifests 24 hours before vessel departure. This initiative aims to enhance customs clearance efficiency, reduce trade costs, and strengthen security controls through pre-processing. Shippers are required to cooperate by submitting accurate shipping instructions. This system is expected to significantly contribute to trade facilitation and streamline the import/export process for Bangladesh.

09/28/2025 Logistics
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New Challenges and Measures for US and UK Ports Facing Mandatory Container Weight Verification

New Challenges and Measures for US and UK Ports Facing Mandatory Container Weight Verification

The mandatory weighing of containers is being implemented in various countries, presenting new challenges for supply chains. Port operators in the UK and the US are taking measures to address these issues by establishing weighing facilities and requiring shippers to submit information in advance to ensure smooth export processes. Despite the diverse challenges faced, ports are dedicated to optimizing workflows to guarantee the safe loading of containers and seamless logistics.

07/18/2025 Logistics
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8 Practical Tips to Improve Freight Forwarding Sales Efficiency

8 Practical Tips to Improve Freight Forwarding Sales Efficiency

This article outlines 8 practical tips to enhance cargo solicitation efficiency in the freight forwarding industry. These include sincerity and enthusiasm, competitive pricing, consistent client care, strong customs relationships, document handling skills, collaboration with shipping companies, support for manufacturers without import/export rights, and partnerships with insurance companies. Implementing these strategies will help freight forwarders build strong client relationships, improve service competitiveness, and achieve sustainable business growth.

07/21/2025 Logistics
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Freight Forwarding Guide Covers Fees Docs and Customs Hurdles

Freight Forwarding Guide Covers Fees Docs and Customs Hurdles

This article provides detailed analysis and practical advice on common issues in freight forwarding, such as Telex Release fees, MSDS, and customs clearance. It covers Telex Release fee collection strategies, MSDS preparation, customs clearance route selection, cargo damage handling, interpretation of trade terms, export certification requirements, and fumigation & qualification procedures. The aim is to help freight forwarders mitigate risks and improve efficiency in their operations.

08/22/2025 Logistics Encyclopedia
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Tunisias La Goulette Port Boosts North African Trade

Tunisias La Goulette Port Boosts North African Trade

La Goulette Port, located in northeastern Tunisia, is a vital port connecting the capital city to the Mediterranean Sea. Capable of handling various types of vessels, the port boasts a significant annual throughput, making it an ideal choice for North African trade. It provides traders with efficient, convenient, and secure services, ensuring smooth and reliable operations for import and export activities in the region.

09/29/2025 Port Encyclopedia
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Asiaeurope Freight Volumes Affected by Supply Chain Shifts

Asiaeurope Freight Volumes Affected by Supply Chain Shifts

Asia-Europe freight volume is influenced by various factors, including trade policies (tariffs, agreements, import/export regulations), economic environment (growth, exchange rates), logistics (costs, efficiency), industrial supply chains (relocation, integration), geopolitics (conflicts, diplomacy), and market demand (consumption, innovation). These elements collectively shape the Asia-Europe freight landscape. Understanding them is crucial for grasping the dynamics of international logistics and its responses to global changes.

11/03/2025 Logistics Encyclopedia
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Understanding the Release and Handover Process of International Shipping Containers

Understanding the Release and Handover Process of International Shipping Containers

This article provides a detailed analysis of container release and handover procedures in international shipping, emphasizing the basis for handover, division of responsibilities, and specific formalities for import, export, and empty containers. Through comprehensive explanations of processes for container agents, cargo parties, and carriers, it aims to give readers a thorough understanding of the importance and operational requirements of container operations in international shipping.

07/15/2025 Logistics Encyclopedia
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