Customs Tax Exemption Nature Codes and Import/export Goods Exemption Explained

Customs Tax Exemption Nature Codes and Import/export Goods Exemption Explained

The Customs Exemption Code System provides systematic support for the management of import and export goods and tax reductions. This article introduces the classification of customs exemptions, the coding structure, and the specific implementation scope and policy implications of various categories. The aim is to enhance transparency through classification, improve the efficiency and fairness of customs management, and thereby promote the healthy development of international trade.

11/30/-0001 Customs Knowledge
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WCO Launches Scholarships for Small Island Economies Capacity Building

WCO Launches Scholarships for Small Island Economies Capacity Building

The World Customs Organization (WCO) launched a scholarship program for Small Island Economies (SIEs) to enhance the capacity building of customs officials in these regions. The program provides training in areas such as international economics, trade regulations, data analysis, and risk management to SIEs customs officials through needs assessments, curriculum design, and expert instruction. It aims to help them improve customs management and promote sustainable economic development.

01/05/2026 Customs Knowledge
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Firms Transform Pandemic Inventory Glut into Strategic Advantage

Firms Transform Pandemic Inventory Glut into Strategic Advantage

In the post-pandemic era, inventory pile-up has become a new challenge for supply chains. A reader survey by *Logistics Management* reveals that companies face the dual dilemma of high and low inventory levels. Diversified procurement, enhanced communication, and accurate forecasting are key to resolving the inventory crisis. Lean inventory management will help companies improve supply chain resilience and embrace the new market normal.

01/20/2026 Logistics Industry Insights
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Retailers Weigh Perpetual Vs Periodic Inventory Systems for Efficiency

Retailers Weigh Perpetual Vs Periodic Inventory Systems for Efficiency

This article provides an accessible introduction to two primary inventory management methods: perpetual inventory systems and periodic inventory systems. It compares their advantages, disadvantages, and suitable application scenarios. Furthermore, it explores the core functionalities of inventory control systems, the differences between barcode and RFID technologies, and four common inventory types. The aim is to assist businesses in selecting appropriate inventory management solutions to enhance operational efficiency.

01/20/2026 Logistics Encyclopedia
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E2open Expands Supply Chain Tech with Logistyx Buy

E2open Expands Supply Chain Tech with Logistyx Buy

E2open acquired Logistyx Technologies for $185 million to strengthen its end-to-end supply chain management capabilities, particularly in global parcel and e-commerce transportation. This acquisition will integrate Logistyx's multi-carrier parcel management solution, enhancing E2open's service offerings and competitiveness. The deal aims to provide more comprehensive and efficient logistics solutions for businesses navigating the complexities of modern supply chains and growing e-commerce demands.

01/21/2026 Logistics
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WCO Enhances Philippine Customs with Data Training Program

WCO Enhances Philippine Customs with Data Training Program

The World Customs Organization (WCO) conducted a Leadership and Management Development Workshop for the Bureau of Customs of the Philippines. This workshop aimed to enhance the leadership and management skills of senior officials and optimize the leadership culture within the customs administration. Through diverse teaching methodologies, the workshop helped participants understand themselves, manage themselves, understand others, and positively influence others, ultimately achieving personal and organizational improvement.

02/12/2026 Customs Knowledge
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Universal Solution Simplifies B2B Data Permissions

Universal Solution Simplifies B2B Data Permissions

This article delves into B-end data permission management, covering fundamental concepts to advanced applications. It introduces various permission models and solutions for special scenarios like permission overrides, team members, sharing rules, and job hierarchies. Furthermore, it shares a page-level data permission control architecture. The goal is to assist enterprises in building a flexible and scalable data permission management system to address complex business needs.

02/12/2026 Logistics Encyclopedia
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Colombia Overhauls Customs with WCO Backing

Colombia Overhauls Customs with WCO Backing

The WCO assisted Colombia's DIAN in enhancing its strategic planning and project management capabilities. This collaboration resulted in a draft implementation plan for a management system, supporting the modernization and transformation of the Customs administration. The initiative aims to improve efficiency and effectiveness through better strategic alignment and project execution. The focus was on building internal capacity and developing a sustainable framework for future development.

02/02/2026 Customs Knowledge
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Gambia Tax Authority Adopts Dashboards to Improve Revenue Collection

Gambia Tax Authority Adopts Dashboards to Improve Revenue Collection

With funding from Sweden and support from the World Customs Organization, the Gambia Revenue Authority is actively developing a strategic dashboard. This initiative aims to enhance performance in key areas such as tax collection, trade facilitation, compliance management, reform modernization, and human resource management through data-driven decision-making. The ultimate goal is to comprehensively upgrade and ensure the sustainable development of tax administration in Gambia.

02/03/2026 Customs Knowledge
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Bolivia Customs Boosts Staff Resilience Via WCOSECO Program

Bolivia Customs Boosts Staff Resilience Via WCOSECO Program

The WCO-SECO GTFP project assisted Bolivian Customs in enhancing stress management skills and team cohesion among its officers. This support helped them navigate the challenges posed by the COVID-19 pandemic. The project recommended establishing a permanent mechanism for stress management and resilience building within the customs administration to ensure continued well-being and effectiveness of customs officers in the face of ongoing and future pressures.

02/03/2026 Customs Knowledge
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