WCO Revises Customs Valuation Rules to Reduce Trade Risks

WCO Revises Customs Valuation Rules to Reduce Trade Risks

The World Customs Organization has released updated Customs Valuation tools, focusing on revised advisory opinions regarding royalties and the valuation of private label goods. These new guidelines aim to assist businesses in more accurately understanding and applying customs valuation rules, reducing trade costs, improving customs clearance efficiency, and mitigating potential risks. The updates provide clarity on complex valuation issues, ensuring fair and consistent application of international trade regulations. This will ultimately facilitate smoother cross-border transactions and promote greater trade compliance.

01/26/2026 Customs Knowledge
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WCO IPPC Align Trade Facilitation with Plant Health Rules

WCO IPPC Align Trade Facilitation with Plant Health Rules

The World Customs Organization (WCO) and the International Plant Protection Convention (IPPC) have signed a cooperation agreement to enhance plant health protection while facilitating trade, addressing the challenges of plant pest and disease spread in global trade. The collaboration will focus on areas such as electronic phytosanitary certificates, e-commerce, sea containers, single windows, information exchange, and advocacy. The goal is to build a global community for plant health security, ensuring safer and more efficient international trade while safeguarding plant resources from harmful pests and diseases.

01/26/2026 Customs Knowledge
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Global Air Freight Policies Cancellation and Amendment Rules Explained

Global Air Freight Policies Cancellation and Amendment Rules Explained

This article provides an in-depth analysis of international air freight cancellation and modification policies, differentiating between voluntary and involuntary changes. It details the logic behind calculating cancellation fees and offers practical considerations. The aim is to help cargo owners understand the rules, reduce transportation risks, and protect their rights. It covers key aspects of the refund process and clarifies the conditions under which refunds are applicable, empowering shippers to navigate potential issues effectively and minimize financial losses related to changes in their air freight shipments.

01/26/2026 Logistics Encyclopedia
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Indias GST Rules for Crossborder Trade A Business Guide

Indias GST Rules for Crossborder Trade A Business Guide

This article provides an in-depth analysis of the tax treatment of cross-border transactions under the Indian GST system, breaking away from traditional VAT thinking. It details the tax rules for imported goods, services, OIDAR, and hybrid models. The article emphasizes that businesses should clarify key elements such as tax liabilities, tax base formation, and invoice credit before signing contracts. By optimizing contract, invoicing, and documentation processes, businesses can achieve tax compliance and reduce operational risks.

01/26/2026 Customs Knowledge
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Singapore Tightens Employment Pass Rules for 2026 Business Guide

Singapore Tightens Employment Pass Rules for 2026 Business Guide

Singapore is implementing new EP/S Pass policies in 2026, raising salary thresholds, restricting foreign quotas, and strengthening job approvals. Companies need to focus on the compliance of contract texts, job matching, and supporting documents. Building a sound compliance system and planning ahead are crucial to adapt to the new regulations and smoothly attract talent. Businesses should proactively conduct compliance self-checks to ensure they meet the upcoming requirements and avoid potential penalties. Early preparation is key to navigating the evolving landscape of Singapore's foreign workforce regulations.

01/26/2026 Logistics Industry Insights
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Global Ecommerce Firms Face New Lithium Battery Export Rules

Global Ecommerce Firms Face New Lithium Battery Export Rules

This article provides an in-depth analysis of insulation measures and UN number labeling in the cross-border transportation of lithium batteries. It details the insulation operating procedures for different types of lithium batteries, as well as the format, placement requirements, and supplementary special markings of UN numbers. The aim is to help cross-border e-commerce sellers mitigate risks and ensure the safe and smooth customs clearance of goods. It covers essential aspects of compliant lithium battery shipping for e-commerce businesses.

01/29/2026 Logistics Encyclopedia
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Indonesia Tightens Rules on Cold Medicine Imports for Expats

Indonesia Tightens Rules on Cold Medicine Imports for Expats

This article provides a detailed guide for overseas Chinese in Indonesia on cross-border express delivery of cold medicine. It covers aspects such as choosing a suitable express delivery company, drug declaration procedures, professional packaging requirements, cost and time considerations, and important precautions. The aim is to help readers safely, compliantly, and efficiently send cold medicine to their destination, alleviating the difficulty of obtaining medication in a foreign country. This guide ensures a smooth and legal process for sending essential medicine.

01/26/2026 Logistics
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Mongolia Boosts Customs Efficiency Via HS Rules Advance Rulings

Mongolia Boosts Customs Efficiency Via HS Rules Advance Rulings

With the support of the World Customs Organization, Mongolia successfully hosted a national workshop on the HS Nomenclature and Advance Rulings, aimed at enhancing the commodity classification skills of customs officials and addressing the increasingly complex challenges of international trade. Through international cooperation and experience exchange, Mongolian Customs is committed to improving efficiency, promoting trade facilitation, and contributing to national budget revenue. The workshop emphasized practical application and knowledge sharing to strengthen customs operations.

01/26/2026 Customs Knowledge
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New US Trucking Rules Draw Mixed Reactions From Drivers

New US Trucking Rules Draw Mixed Reactions From Drivers

The US trucking industry is undergoing adjustments to its Hours of Service (HOS) rules, impacting rest periods, sleeper berth provisions, and short-haul operations. These changes aim to enhance safety but may potentially affect driver earnings. Furthermore, the debate surrounding speed limiters is resurfacing. The revised HOS regulations are intended to reduce driver fatigue and improve overall road safety, although concerns remain about the practical implications and potential unintended consequences for drivers and the industry as a whole.

01/26/2026 Logistics Industry Insights
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Trucking Industry Debates Safety Vs Efficiency in Hours Rules

Trucking Industry Debates Safety Vs Efficiency in Hours Rules

The U.S. Hours of Service (HOS) regulations for truck drivers have been controversial since the 2013 revision, particularly the 'restart provision,' sparking debate about safety versus efficiency. Two Senate amendments, representing suspension and maintenance of existing regulations respectively, reflect the industry's differing demands for productivity and safety. This article delves into the key controversies surrounding HOS regulations, analyzes their impact on the industry, and proposes potential solutions combining technology and management, aiming to strike a balance between safety and efficiency.

01/26/2026 Logistics
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