Comprehensive Analysis of Customs Duty Exemption Codes and Their Application

Comprehensive Analysis of Customs Duty Exemption Codes and Their Application

The customs exemption and taxation code is used for classifying and managing the taxation of import and export goods, covering statutory taxation, tax reductions, exemptions, and special policies. This article provides a detailed analysis of the definitions and applicable scope of various tax exemption types, including general taxation, gratuitous aid, imported materials for specific regions, and goods for scientific research and technology transformation. This information is significant for optimizing customs declarations and reducing costs.

07/21/2025 Customs Knowledge
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Understanding Shanghai Customs Source and Destination Codes

Understanding Shanghai Customs Source and Destination Codes

This article provides a detailed analysis of the source and destination codes for customs in the Shanghai area, highlighting the economic characteristics of different regions and the composition of special economic zones. It showcases Shanghai's economic vitality and administrative adjustments. The article also introduces various special areas, giving readers a clearer understanding of Shanghai's significant role and functions in import and export activities, thereby aiding in the further development and management of the economy.

07/28/2025 Customs Knowledge
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Bangladesh Enhances Trade Efficiency Via Time Release Study

Bangladesh Enhances Trade Efficiency Via Time Release Study

GTFP assists Bangladesh's NBR in enhancing its Time Release Study (TRS) capabilities. The project aims to optimize processes, promote trade facilitation, and boost competitiveness. By streamlining procedures and reducing delays, the initiative seeks to attract investment and contribute to sustainable development in Bangladesh. The TRS improvement will provide valuable data for identifying bottlenecks in the import/export process, enabling targeted interventions and ultimately leading to a more efficient and competitive trade environment.

01/06/2026 Customs Knowledge
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China Boosts Crossborder Ecommerce with New Policies

China Boosts Crossborder Ecommerce with New Policies

China's Ministry of Commerce is intensifying efforts to stabilize foreign trade by boosting cross-border e-commerce, expanding demonstration zones, introducing supportive policies, and fostering market players. As a major foreign trade province, Shenzhen should seize this opportunity, leverage its geographical advantages, improve its industrial chain, strengthen policy innovation, cultivate talent, and support the export of competitive products. This will enable Shenzhen to make a greater contribution to stabilizing and growing national foreign trade.

01/16/2026 Logistics Industry Insights
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Global Trade Guide HS Code Chapter 15 for Fats and Oils

Global Trade Guide HS Code Chapter 15 for Fats and Oils

This paper provides an in-depth interpretation of Chapter 15 of the Harmonized System (HS) code, detailing the classification standards and import/export regulations for animal, vegetable, and microbial fats and oils. It covers the specific categorization of products such as lard, tallow, fish oil, vegetable oil, margarine, and various waxes. The aim is to assist related businesses in compliant operation and understanding market trends within the international trade of fats and oils.

01/19/2026 HS Code Query
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Dongguanhong Kong Airport Boosts Greater Bay Area Trade

Dongguanhong Kong Airport Boosts Greater Bay Area Trade

The Dongguan-Hong Kong Airport Logistics Park experienced a significant surge in import and export value in 2025, increasing by 90.32% to reach RMB 29.721 billion. This growth positions it as a core hub for cross-border logistics within the Greater Bay Area. The park facilitates businesses in expanding their reach into overseas markets by providing efficient and integrated logistics solutions, contributing significantly to the region's economic development and international trade capabilities.

01/19/2026 Logistics
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Ecommerce Exports Boom at Chinas Hainan Sanya Airport

Ecommerce Exports Boom at Chinas Hainan Sanya Airport

Sanya Airport's cross-border e-commerce export business has experienced explosive growth, with a value exceeding 80 million yuan in four months. Benefiting from route advantages, policy support, and market demand, Hainan's cross-border e-commerce has achieved faster logistics, reduced costs, and improved efficiency, bringing tangible benefits to businesses. In the future, Hainan needs to further expand routes and optimize operations to address challenges and consolidate its advantages in cross-border e-commerce development.

01/06/2026 Logistics Industry Insights
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Cbps New Regulations Reshape US Tariff Policies Imports

Cbps New Regulations Reshape US Tariff Policies Imports

On May 15, CBP updated the terms regarding reverse tariffs under IEEPA, stating that tariff eligibility is determined by the final loading date of the shipping vessel. Goods loaded after the deadline will no longer qualify for duty exemption or the 10% reverse tariff, increasing the burden on importers. This change necessitates that importers promptly adjust their declarations and strategies to address the challenges posed by the new policy.

05/20/2025 Customs Knowledge
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Zhengzhoubogot Air Cargo Costs Analyzed

Zhengzhoubogot Air Cargo Costs Analyzed

Air freight services from Zhengzhou to Bogotá have been launched, with Turkish Airlines offering efficient solutions at a standard cargo cost of 145 RMB. The journey includes a route from Zhengzhou to Almaty, then transferring from Almaty to Istanbul before reaching Bogotá. Please note that prices are for reference and must be confirmed with customer service, excluding customs fees and other charges. Proper shipping arrangements will ensure a smooth transportation process.

08/06/2025 Logistics
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Freight Forwarding Challenges Weight Limits Deadlines Hidden Costs

Freight Forwarding Challenges Weight Limits Deadlines Hidden Costs

This article provides an in-depth analysis of common issues in freight forwarding, including US highway weight restrictions, cut-off times for customs and port, trucking fees, drop-off locations, destination port requirements, and the impact of Hanjin Shipping's bankruptcy. It aims to help shippers mitigate risks, reduce costs, and improve freight forwarding efficiency by addressing these critical aspects of the shipping process and providing practical insights for navigating potential challenges.

08/23/2025 Logistics Encyclopedia
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