Alashankou Customs Reforms Boost Crossborder Trade Efficiency

Alashankou Customs Reforms Boost Crossborder Trade Efficiency

Alashankou Customs has significantly improved port clearance efficiency, reduced corporate operating costs, and promoted rapid growth in import and export trade by implementing customs clearance facilitation measures such as 'self-declaration and self-payment' and 'aggregate tax payment'. Data shows that the port's cargo volume and total value both achieved significant growth in January and February this year, demonstrating the remarkable effectiveness of customs clearance facilitation reforms.

09/26/2025 Logistics
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Air Waybill (AWB) Payment Guide: Currency and Payment Method Analysis

Air Waybill (AWB) Payment Guide: Currency and Payment Method Analysis

This article provides a detailed analysis of the payment regulations within the Air Waybill (AWB), including definitions of prepaid and collect payments, as well as how to correctly declare the value of goods. It emphasizes the payment methods at both the origin and destination points, along with the flexibility of currency payments. These regulations not only help ensure the efficiency and safety of cargo transportation but also reduce potential financial risks and enhance customer experience.

07/18/2025 Logistics Encyclopedia
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Container Export Customs Clearance Procedure Explained

Container Export Customs Clearance Procedure Explained

The customs clearance process for container exports involves four main steps: declaration, inspection, tax assessment, and release. Shippers must timely declare and prepare relevant documents, ensuring authenticity and accuracy, and complete customs declaration, tax payment, and inspection within the legally specified time. An effective operational process can significantly enhance clearance efficiency, especially in export tax refunds.

07/18/2025 Logistics Encyclopedia
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VAT Promotes Fair Trade in Global Commerce

VAT Promotes Fair Trade in Global Commerce

This article explores how Value Added Tax (VAT) serves as a facilitator of fair competition in international trade, distinguishing it from tariffs. VAT achieves tax neutrality through a multi-stage payment mechanism, providing equal opportunities for all businesses, ensuring that goods are taxed in the consuming country rather than the producing country, thereby promoting growth in international trade.

08/05/2025 Customs Knowledge
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Streamline Global Trade Launches Forex and Export Tax Refund Platform

Streamline Global Trade Launches Forex and Export Tax Refund Platform

This paper introduces the concepts of forward and reverse exchange in foreign exchange receipt and payment, emphasizing the importance of providing one-stop foreign exchange receipt and payment and export tax rebate services for foreign trade enterprises. This service aims to help companies simplify processes, save time and effort, and focus on core business development through a professional team, efficient processes, and compliance guarantees. It streamlines operations and allows businesses to concentrate on growth, ensuring a seamless and compliant experience in international trade.

08/21/2025 International Settlement
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Understanding The Customs Clearance Process

Understanding The Customs Clearance Process

Customs clearance is a crucial step in international trade. The process involves preparing customs documentation, drafting the declaration, data entry, customs review, declaration, tax payment, and release of goods. Businesses must ensure the accuracy of each step to facilitate smooth customs clearance, maintaining the efficiency and security of goods transactions.

07/18/2025 Logistics Encyclopedia
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Blume Global ICTSI Launch Maritime Payment Platform

Blume Global ICTSI Launch Maritime Payment Platform

Blume Global's Appointment Scheduling platform offers a new solution for maritime terminal operators to manage appointments and online payments. ICTSI is the first to implement this technology, significantly enhancing container turnover efficiency and operational transparency, thus advancing the global digitization process of terminals.

08/06/2025 Logistics
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Delayed Payment Fees Impact Import Process Efficiency

Delayed Payment Fees Impact Import Process Efficiency

A late payment fee refers to the charge that freight forwarders or customs brokers impose on customers after paying customs duties and value-added tax on their behalf, typically calculated as a percentage of the amount paid. Understanding this fee can help businesses optimize their import processes, control costs, and enhance market competitiveness.

08/05/2025 Customs Knowledge
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