Customs Duty Reassessment Rules and Compliance Strategies Explained

Customs Duty Reassessment Rules and Compliance Strategies Explained

This article provides a detailed interpretation of the scope and time limits for supplementary duty payments, including underpaid or missed duties due to classification or valuation errors after goods release, domestic sales transfer of specific duty-free or reduced-duty goods, and illegal smuggling. It clarifies the statute of limitations for customs to recover underpaid or missed taxes and emphasizes the importance of compliant operation for businesses and individuals to mitigate tax risks. Aiming to help enterprises understand the regulations and avoid potential tax liabilities.

09/26/2025 Customs Knowledge
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Global Customs Intensifies Crackdown on Fake COVID Supplies in Southeast Asia

Global Customs Intensifies Crackdown on Fake COVID Supplies in Southeast Asia

The World Customs Organization (WCO) is strengthening cooperation with ASEAN to combat cross-border smuggling of counterfeit and substandard COVID-19 supplies. This collaboration aims to enhance customs control capabilities, strengthen intelligence sharing, and leverage technology to build a new framework for global customs cooperation. The initiative seeks to safeguard global health security by preventing the proliferation of illicit medical products and ensuring the integrity of supply chains. This partnership underscores the importance of international collaboration in addressing transnational threats and protecting public health.

01/05/2026 Customs Knowledge
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Americas Caribbean Boost Crossborder Ecommerce Supply Chains

Americas Caribbean Boost Crossborder Ecommerce Supply Chains

The Americas and Caribbean Customs-Postal Strategy Conference highlighted the crucial role of customs-postal cooperation in fostering cross-border e-commerce. The WCO emphasized data-driven approaches and standardized frameworks, while the UPU and PUASP focused on process optimization and combating smuggling. Participants committed to strengthening collaboration to build a more efficient and secure global postal supply chain, laying the groundwork for the future development of cross-border trade. This includes enhanced data exchange and harmonized procedures to facilitate smoother and safer international transactions.

12/30/2025 Customs Knowledge
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Perfume Industry Warns of Risks in Discounted DDP Shipping

Perfume Industry Warns of Risks in Discounted DDP Shipping

This article delves into the operational mechanism and potential risks of the "DDP" (Delivered Duty Paid) perfume line model. It reveals potential issues such as smuggling, insurance claim denials, hidden fees, false logistics information, and lack of after-sales service. Simultaneously, it provides compliant logistics solutions for cross-border e-commerce sellers, including official DHL dangerous goods channels, European overseas warehouse labeling and transshipment, and niche compliant dedicated lines. These alternatives aim to offer safer and more transparent options for perfume transportation across borders.

01/07/2026 Logistics Industry Insights
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Nigeria Revises Tariffs to Align With Afcfta Trade Pact

Nigeria Revises Tariffs to Align With Afcfta Trade Pact

Nigeria is upgrading its tariff system in collaboration with the WCO and ECOWAS to prepare for the African Continental Free Trade Area (AfCFTA). This modernization aims to improve trade efficiency, combat smuggling, and promote regional integration. The updated system will streamline customs procedures and enhance compliance with international standards, ultimately facilitating smoother trade flows and contributing to Nigeria's economic growth within the AfCFTA framework. This initiative signifies Nigeria's commitment to leveraging the opportunities presented by the AfCFTA and strengthening its position as a key player in African trade.

01/05/2026 Customs Knowledge
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Ecuador Customs Lab Upgraded With WCO Support

Ecuador Customs Lab Upgraded With WCO Support

The World Customs Organization held a workshop in Ecuador to support the modernization of its customs laboratory and enhance its capabilities in commodity classification, tax collection, and combating smuggling. The meeting focused on topics such as the application of the Harmonized System, analytical methodologies, database applications, and green customs. The workshop highlighted the crucial role of a modern customs laboratory in improving customs clearance efficiency, increasing tax revenue, protecting the environment, and promoting international trade. It underscored the importance of investing in laboratory infrastructure and training for sustainable development.

12/30/2025 Customs Knowledge
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Customs Agencies Crack Down on Global Wildlife Trafficking

Customs Agencies Crack Down on Global Wildlife Trafficking

The World Customs Organization (WCO) actively responds to World Environment Day, emphasizing the importance of biodiversity conservation. Customs play a crucial role in sustainable development by combating environmental crimes such as illegal wildlife trade, timber trade, hazardous waste shipments, and IUU fishing. The WCO supports its member customs in addressing environmental challenges through capacity building, intelligence networks, and international cooperation, contributing to the protection of our planet.

12/30/2025 Customs Knowledge
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