Understanding Delivery Terms in International Trade — Incoterms®

Understanding Delivery Terms in International Trade — Incoterms®

Incoterms® are essential delivery terms in international commerce that clarify the rights and obligations of buyers and sellers. Developed by the International Chamber of Commerce, they help businesses avoid misunderstandings during the delivery of goods. The current version, revised in 2019, includes 11 terms applicable to various modes of transport. Understanding these terms is crucial for ensuring the smooth operation of international trade.

Special Requirements for Shipping Bills of Lading to Brazil

Special Requirements for Shipping Bills of Lading to Brazil

This article outlines the special requirements for ocean bills of lading when exporting to Brazil, including the display of shipping fees, the necessity of the NCM Code for goods, the CNPJ numbers for the consignee and notify party, and restrictions on the form of the bill of lading. These requirements are crucial for smooth customs clearance and risk mitigation.

International Freight Forwarding: The Core Role in Foreign Trade Transportation

International Freight Forwarding: The Core Role in Foreign Trade Transportation

International freight forwarding mainly refers to freight agents, who assist in export transportation by cooperating with carriers to ensure the safe and timely delivery of goods. Freight forwarding companies handle various services such as booking, trucking, and customs clearance, making them indispensable partners for foreign trade enterprises. Their role effectively simplifies foreign trade operations, making the entire transportation process smoother.

Customs Classification Analysis of Electric Fireplaces

Customs Classification Analysis of Electric Fireplaces

This article discusses the classification issue of customs codes for electric fireplaces, clarifying that they should be classified under 8516609000 (other electric heaters) instead of 8516299000 (electric space heaters). Electric fireplaces are primarily used for home and indoor heating, with distinct heating methods compared to industrial electric space heaters. It is recommended to follow this classification during customs clearance to ensure a smooth passage through customs.

Classification of Whale Oil Customs Codes

Classification of Whale Oil Customs Codes

The classification of the customs code for whale oil is crucial, as it distinguishes between endangered and non-endangered species. According to the customs import-export tariff, whale oil is coded as 1504300010 (endangered marine mammals) or 1504300090 (non-endangered marine mammals). As whales are mammals, they cannot be classified as fish oil. Selecting the accurate code requires determining the whale species or consulting professionals to comply with customs regulations.