Customs Exemption Codes Explained: Tax Classification of Import and Export Goods

Customs Exemption Codes Explained: Tax Classification of Import and Export Goods

This article analyzes the classification and importance of customs exemption nature codes. The exemption types include statutory taxation, statutory reduction, and specific exemptions, providing detailed meanings and examples for each category, with special emphasis on the uniqueness of gratuitous aid materials. These codes assist customs in effectively managing and statisticalizing the taxes on import and export goods, thereby promoting the development of international trade.

07/21/2025 Logistics
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Gwangju Airport Enhances Air Cargo Efficiency with Updated Codes and Customs

Gwangju Airport Enhances Air Cargo Efficiency with Updated Codes and Customs

This article provides detailed air freight information for Gwangju Airport (KWJ), including its airport code, geographical location, time zone, and its status as a non-customs airport. It also introduces the West Coast Cargo's three-letter code query system, which contains global airport information and offers features such as customs clearance requirements lookup. The system aims to provide air freight operators with a convenient and authoritative tool for their operations.

09/29/2025 Airport Codes
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Guide to Container Weight Compliance for Shipping Industry

Guide to Container Weight Compliance for Shipping Industry

This article explains the key weight markings on container doors, including gross weight, tare weight, payload, and cubic capacity. It highlights the Shipper's responsibilities under the new VGM regulations, emphasizing the accurate declaration of weight, assuming liability, and timely provision of VGM. Customers are advised to photograph the weight markings during container loading to ensure smooth shipment. This practice helps verify declared weights and avoid potential delays or penalties related to inaccurate weight declarations as mandated by VGM regulations.

09/26/2025 Logistics Encyclopedia
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Streamlining VGM Compliance for Safer Container Shipping

Streamlining VGM Compliance for Safer Container Shipping

This article provides a detailed guide on declaring VGM (Verified Gross Mass) via the Maersk platform, covering declaration steps, responsible parties, key considerations, and non-compliance risks. It emphasizes the importance of VGM declaration in ensuring the safety of container transportation and explores the future trends of digital VGM solutions. The aim is to help readers efficiently and compliantly complete VGM declarations. This guide is crucial for anyone involved in container shipping and seeking to understand and adhere to VGM regulations.

09/28/2025 Logistics Encyclopedia
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Maersk VGM Declarations A Guide for Compliant Shipping

Maersk VGM Declarations A Guide for Compliant Shipping

This article provides a detailed guide on declaring Verified Gross Mass (VGM) through the Maersk platform. It covers the definition and importance of VGM, the declaration steps, authorized personnel for declaration, weighing methods, and frequently asked questions. The aim is to help users ensure their cargo complies with the International Maritime Organization's SOLAS convention, avoiding delays or legal liabilities arising from VGM issues. It outlines the process to properly submit VGM information via Maersk to ensure smooth and compliant cargo transportation.

09/28/2025 Logistics Encyclopedia
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Global Firms Streamline Contract Distribution Models

Global Firms Streamline Contract Distribution Models

This article examines the ICC's 'Short Form Contract for Agency and Distribution', highlighting its advantages in simplifying contracts within international trade. The short form contract provides concise and clear terms, facilitating quick market relationships for businesses. It also elucidates the key differences between agency and distribution models, offering practical solutions for companies aiming to engage in international business flexibly.

08/05/2025 Logistics Encyclopedia
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Amazon Expands Sameday Delivery to 20 European Regions

Amazon Expands Sameday Delivery to 20 European Regions

Amazon is developing a new energy logistics network in Europe, planning to add same-day delivery services in 20 more regions over the next year, covering multiple countries and cities. Additionally, Amazon Global Logistics is optimizing customs clearance processes and route configurations to enhance the efficiency of sellers' cross-border supply chains.

08/07/2025 Logistics
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Harmonized System Crucial for Global Trade Efficiency

Harmonized System Crucial for Global Trade Efficiency

The Harmonized System (HS) is a crucial tool in international trade that enhances trade efficiency through standardized product classification. Developed by the World Customs Organization, it encompasses over 5,000 product categories, providing a framework for standardized data analysis and customs management. The HS ensures a universal language for global trade, effectively supporting the standardization of customs procedures and trade statistics across countries.

08/07/2025 Customs Knowledge
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