New Global Guidelines Clarify Customs Valuation of Franchise Fees

New Global Guidelines Clarify Customs Valuation of Franchise Fees

The World Customs Organization issued a new advisory opinion clarifying that franchise fees should not be included in the customs valuation of imported goods under specific circumstances. Originating from a Mexican case and confirmed by the Technical Committee on Customs Valuation, this opinion aims to reduce import costs for businesses and enhance customs valuation transparency. Companies should study the opinion, assess their franchise agreements, and communicate with customs authorities to ensure valuation compliance and capitalize on trade opportunities. This helps in correctly determining the dutiable value and avoiding potential penalties.

01/26/2026 Customs Knowledge
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Air Freight Costs How to Avoid Dimensional Weight Fees

Air Freight Costs How to Avoid Dimensional Weight Fees

This article provides an in-depth analysis of international air freight pricing rules, focusing on the distinction between 'dimensional weight' and 'actual weight' cargo. It offers practical strategies for optimizing logistics costs. By understanding the calculation methods for both actual gross weight and volumetric weight, businesses can effectively reduce air freight expenses and enhance their cross-border trade competitiveness. Mastering these concepts allows for better cost management and improved profitability in international shipping.

01/26/2026 Logistics Encyclopedia
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Firms Gain 10day Import Advantage with Early Invoice Access

Firms Gain 10day Import Advantage with Early Invoice Access

Obtaining import bills 10 days in advance is crucial for controlling logistics. Easily access bills through your MyFinance account, enabling proactive financial planning and customs clearance. This optimizes cash flow, reduces demurrage charges, and enhances customer satisfaction. Choose efficient services to gain a competitive edge in the market.

09/28/2025 Document Interpretation
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Comprehensive Analysis of Miscellaneous Fees at Major Ports in China

Comprehensive Analysis of Miscellaneous Fees at Major Ports in China

This article analyzes the miscellaneous fee standards at major ports in China, including Dalian, Tianjin, Qingdao, Shanghai, and Ningbo. It provides detailed classifications of port miscellaneous fees, customs fees, quarantine inspection fees, and more for trade enterprises' reference. This information will assist companies in budgeting and cost control, enhancing logistics efficiency and market competitiveness.

07/18/2025 Logistics Encyclopedia
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