Key HS Codes and Export Tax Refunds for Global Trade

Key HS Codes and Export Tax Refunds for Global Trade

This article analyzes the characteristics, measurement units, and export tax rebate rates of goods under 12 categories of HS codes, with a particular emphasis on the significance of plant products intended for human consumption and animal feed. It provides traders with references for compliance and cost control.

New Regulations Issued Firm Measures Against Unreasonable Refusal Of Shipment By Shipping Companies To Protect Shipper Rights

New Regulations Issued Firm Measures Against Unreasonable Refusal Of Shipment By Shipping Companies To Protect Shipper Rights

The U.S. Federal Maritime Commission has issued new regulations prohibiting unreasonable refusal to carry by shipping companies, aimed at protecting cargo owner rights. The new rules clarify the legal provisions regarding refusal actions and require shipping companies to submit confidential export policy documents annually to ensure compliance.

07/26/2024 Logistics
Read More
Da Shun Bonded Warehouse Safeguards Highvalue Art Exhibition

Da Shun Bonded Warehouse Safeguards Highvalue Art Exhibition

In late 2022, Da Shun Regulatory Warehouse successfully resolved an import air cargo detention incident caused by a duplicate air waybill number. Through proactive coordination with customs and the airline, they quickly completed the air waybill number correction and cargo relabeling. Ultimately, the goods were delivered one day ahead of schedule, avoiding significant losses for the client. This demonstrated their professional and efficient service capabilities.

Understanding Bonded Goods: Advantages and Applications

Understanding Bonded Goods: Advantages and Applications

Bonded goods refer to products that enter China with customs approval and are exempt from taxes. These items can be stored or processed in designated regulatory areas with the intention of being re-exported, thus temporarily avoiding tax liabilities. However, if they are not re-exported, taxes must be paid according to regulations. Understanding this rule helps enterprises engage flexibly in international trade and enhance economic benefits.

Data Analytics Boosts Customs Efficiency Enforcement

Data Analytics Boosts Customs Efficiency Enforcement

The "Data Analysis Practical Handbook" aims to guide government departments like customs in leveraging big data and data analysis to enhance regulatory effectiveness and decision-making. The handbook covers aspects such as big data applications, data governance, and commonly used analytical tools. It assists in modernizing government governance capabilities by providing practical guidance on implementing data-driven strategies and improving operational efficiency through effective data analysis techniques.

Major Shippers Commit to Fossilfree Fleets at COP28

Major Shippers Commit to Fossilfree Fleets at COP28

At COP28, major shipping companies issued a joint statement calling for a halt to the construction of new fossil fuel vessels and urging the IMO to develop a regulatory framework for green fuels. The shipping industry's green transition faces multiple challenges, including technology, cost, and regulation. International organizations, governments, shipping companies, and consumers need to work together to accelerate decarbonization and achieve sustainable development.

Carbon Ridge Scorpio Tankers Launch First Shipboard Carbon Capture System

Carbon Ridge Scorpio Tankers Launch First Shipboard Carbon Capture System

Carbon Ridge has partnered with Scorpio Tankers to launch the shipping industry's first centrifugal carbon capture system (OCCS), implemented on the STI SPIGA oil tanker. This technology is modular, cost-effective, and significantly enhances capture efficiency, helping shipping companies gain a competitive edge in environmental sustainability and compliance.

08/07/2025 Logistics
Read More
Commercial Invoices Vital for Global Trade Experts Say

Commercial Invoices Vital for Global Trade Experts Say

A commercial invoice is an essential document in international trade that includes key information such as the country of origin, supplier and consignee details, and product descriptions to ensure compliance with customs requirements. Accurately completing a commercial invoice helps improve customs clearance efficiency and facilitates smooth international transactions.

Global Trade Faces Rising Customs Seizures Over Invoice Errors

Global Trade Faces Rising Customs Seizures Over Invoice Errors

This article provides a detailed analysis of the five main types of commercial invoices used in cross-border logistics and their critical roles. It emphasizes the importance of accurately completing invoices. By addressing common mistakes and offering compliance operational suggestions, it assists businesses in ensuring smooth cross-border transactions.

Global HS Codes for Railway and Tramway Components Explained

Global HS Codes for Railway and Tramway Components Explained

This article provides an in-depth analysis of the HS codes related to 86, covering the classification, measurement methods, and export tax rebate policies for railway and tramway accessories. It aims to assist businesses in understanding compliance details in international trade, optimizing transportation costs, and improving market entry strategies.