Guide to EXW Trade Terms in Global Shipping

Guide to EXW Trade Terms in Global Shipping

This article provides an in-depth analysis of the EXW (Ex Works) Incoterm, detailing its meaning, the responsibilities and risks for both buyers and sellers, and relevant regulations regarding export tax rebates. By comparing EXW with other Incoterms, this aims to empower readers to make more informed decisions in international trade transactions. It covers the obligations of each party under EXW and highlights the potential benefits and drawbacks for both the exporter and importer, ultimately guiding businesses towards optimal trade strategies.

02/02/2026 Customs Knowledge
Read More
Guide Indonesian Visa Rules for Chinese Travelers

Guide Indonesian Visa Rules for Chinese Travelers

This article provides a detailed interpretation of the visa policies for Chinese citizens traveling to Indonesia. It compares and analyzes the advantages and disadvantages, as well as the application procedures, for both Visa on Arrival (VOA) and sticker visas. Furthermore, it offers answers to frequently asked questions, aiming to help readers choose the most suitable visa option for their needs and easily plan their Indonesian trip. The guide covers essential information for a smooth and hassle-free visa application process.

02/02/2026 Customs Knowledge
Read More
Global Logistics Firms Urge Accurate Commodity Declarations to Cut Risks

Global Logistics Firms Urge Accurate Commodity Declarations to Cut Risks

This article delves into the importance, principles, common pitfalls, and corresponding strategies of goods description declaration in international logistics. It provides detailed declaration points and precautions for different types of goods, such as electronic products, textiles, and food. The aim is to help enterprises reduce logistics risks and improve customs clearance efficiency, ensuring smoother international trade operations.

02/02/2026 Customs Knowledge
Read More
Global Express Shipping Faces Customs Hurdles Experts Say

Global Express Shipping Faces Customs Hurdles Experts Say

This article provides an in-depth analysis of the customs clearance process within international express door-to-door services. It covers declaration methods, procedures, responsible parties, cost components, and solutions to common problems. It aims to help you understand all aspects of international express customs clearance, choose the right express company, and achieve a worry-free and efficient cross-border logistics experience. The article aims to provide insights into navigating the complexities of international shipping and ensuring smooth and timely delivery.

02/02/2026 Customs Knowledge
Read More
Exploring DDU and Better Options in Global Trade

Exploring DDU and Better Options in Global Trade

This article delves into the meaning, risks, and alternatives of the DDU (Delivered Duty Unpaid) Incoterm. It analyzes the advantages and disadvantages of DDU, DDP, CIF, FOB, and introduces DAP (Delivered at Place) and DAT (Delivered at Terminal) as new alternative terms in Incoterms 2010. The article emphasizes that when choosing trade terms, both buyers and sellers should comprehensively consider their own circumstances to mitigate trade risks and facilitate the smooth flow of international trade. Careful selection is crucial for optimal risk management and successful transactions.

02/02/2026 Customs Knowledge
Read More
Guide to Streamlining International Express Customs Clearance

Guide to Streamlining International Express Customs Clearance

This article provides an in-depth analysis of the international express customs clearance process, covering preparation, cargo tracking, detailed procedures, and common problem solutions. It helps you avoid risks and navigate global trade smoothly. Master the art of customs clearance to improve efficiency, reduce costs, and enjoy the convenience of international trade. Learn how to prepare your documents, track your shipment, and understand the regulations to ensure a seamless experience. The guide offers practical tips for overcoming potential hurdles and achieving trade compliance.

02/02/2026 Customs Knowledge
Read More
Singaporemalaysia Border Crossing Essential Travel Guide

Singaporemalaysia Border Crossing Essential Travel Guide

This article provides a detailed guide on crossing the Singapore-Malaysia border, covering pre-departure preparations, Singapore departure procedures, Malaysia entry procedures, and frequently asked questions. It aims to help readers navigate the border crossing efficiently and smoothly, allowing them to begin their journey without hassle. The guide offers practical tips and essential information for a seamless transition between the two countries, ensuring a convenient and enjoyable travel experience.

02/02/2026 Customs Knowledge
Read More
WCO Issues Guidance on Customs Valuation and Transfer Pricing

WCO Issues Guidance on Customs Valuation and Transfer Pricing

The World Customs Organization (WCO) guide aims to harmonize customs valuation and transfer pricing, addressing the challenges posed by related-party transactions. It draws on practical experiences from various countries. The guide seeks to provide clarity and promote consistent application of valuation principles in the context of international trade, especially when dealing with multinational enterprises and their internal pricing policies. This harmonization effort is crucial for ensuring fair revenue collection and preventing trade distortions arising from discrepancies between customs valuation and transfer pricing methodologies.

02/02/2026 Customs Knowledge
Read More
WTO Moves to Standardize Global Customs Valuation Rules

WTO Moves to Standardize Global Customs Valuation Rules

The 1983 Customs Valuation Committee Decision clarified that the English term "undertaken" in the Customs Valuation Agreement should be interpreted as "carried out." This aims to standardize international trade terminology, enhance the accuracy and consistency of customs valuation, reduce the risk of trade disputes, and facilitate international trade. The French and Spanish versions of the term remain unchanged. This clarification ensures a more uniform application of the agreement across different language versions, promoting fairness and predictability in international trade transactions.

02/02/2026 Customs Knowledge
Read More
Customs Valuation of Software Carriers Analyzed in DECISION 41 Study

Customs Valuation of Software Carriers Analyzed in DECISION 41 Study

This article interprets the Customs Valuation Committee DECISION 4.1 resolution, addressing the valuation challenges of software carriers. It elaborates on two valuation methods, special circumstances considerations, and corresponding corporate strategies. The aim is to provide clarity and guidance on how to properly value software carriers for customs purposes, ensuring compliance and minimizing potential disputes in international trade. The article offers practical insights for businesses involved in the import and export of software-related products.

02/02/2026 Customs Knowledge
Read More