Guide to Export Tax Refunds for Businesses

Guide to Export Tax Refunds for Businesses

This article provides a detailed interpretation of the export tax rebate process for foreign trade, covering five key steps: online application for verification and write-off forms, IC card acquisition, verification and write-off form filing, customs declaration, and the tax rebate process itself. Furthermore, it introduces the calculation methods for export tax rebate amounts under various circumstances and lists the necessary business documents required, aiming to help foreign trade enterprises successfully obtain their tax rebates.

08/21/2025 Customs Knowledge
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Export Risks Rise Over Minor LC Discrepancies

Export Risks Rise Over Minor LC Discrepancies

This paper explores compliance risks in export trade under letters of credit, stemming from issues such as incorrect cargo descriptions and inconsistencies in bill of lading (B/L) information. It emphasizes the importance of documentary consistency and provides recommendations for B/L operations under US sanctions against Iran. Export companies should pay attention to detail and strengthen risk management practices to avoid discrepancies and ensure compliance with international regulations and sanctions. Careful scrutiny of documents is crucial for mitigating potential financial and legal repercussions.

08/22/2025 Document Interpretation
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Export Clearance Challenges Highlight Unconventional Trade Practices

Export Clearance Challenges Highlight Unconventional Trade Practices

This paper delves into the operational modes and potential risks of grey operations in export trade, such as buying customs declarations, commercial inspection clearance, 'package container', 'package warehouse', and 'green channel'. It aims to help companies understand industry secrets, avoid risks, and achieve compliant operations. The analysis provides insights into these practices, highlighting the vulnerabilities and legal implications associated with them, ultimately advocating for ethical and transparent trade practices to mitigate potential financial and reputational damage.

08/22/2025 Customs Knowledge
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Xiamen Export Guide for New Freight Forwarders

Xiamen Export Guide for New Freight Forwarders

Kinkiqi7's profile, though limited in information, highlights common pain points for novice freight forwarders through questions about Xiamen export processes and heavy container transport fleet cooperation. By examining these issues, newcomers to freight forwarding can gain insights into industry demands, learn from experience, and enhance their competitiveness. The questions reflect the challenges faced by new freight forwarders in understanding practical aspects of export and logistics.

08/22/2025 Logistics Encyclopedia
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Exporters Urged to Optimize Container Booking to Ease Port Congestion

Exporters Urged to Optimize Container Booking to Ease Port Congestion

This article focuses on the container release process in foreign trade export. It details how to rationally schedule container release time based on factors such as the validity period of the shipping company's equipment interchange receipt, container loading time, and shipping schedule to avoid the risk of exceeding storage capacity. It also explains the container release operation process and precautions, and answers frequently asked questions. The aim is to help foreign trade practitioners efficiently arrange container release and ensure the smooth shipment of goods.

08/22/2025 Logistics Encyclopedia
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Essential Guide to Completing Air Cargo Export Customs Declarations in Beijing

Essential Guide to Completing Air Cargo Export Customs Declarations in Beijing

This article outlines the requirements for filling out the customs declaration form for air export goods from Beijing, including key items such as pre-entry number, export port, filing number, and transportation method. Typically, the owner does not need to worry about dates and numbers, focusing instead on the consistency between the operating unit and the shipping unit, as well as the provision of necessary documents. For trade methods and settlement methods, the owner can fill out according to actual circumstances. The article aims to assist owners in smoothly navigating customs declarations.

07/28/2025 Customs Knowledge
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Shipping Giants Merger Triggers Market Restructuring: Future Trends of Global Shipping Alliances

Shipping Giants Merger Triggers Market Restructuring: Future Trends of Global Shipping Alliances

The merger between global shipping giants China COSCO Shipping Group and China Shipping is gaining approval and may reshape the shipping market landscape. Meanwhile, France's CMA CGM is planning to acquire Neptune Orient Lines, seeking regulatory approval. As the dynamics among the four major shipping alliances change, market competition is expected to intensify, especially on Asia-Europe routes. Overall, the shipping industry remains in a downturn, and the outlook is not optimistic.

07/21/2025 Logistics
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Merger of Container Shipping Giants: Future Prospects of COSCO and China Shipping

Merger of Container Shipping Giants: Future Prospects of COSCO and China Shipping

COSCO Shipping and China Shipping are expected to receive merger approval by January, officially forming "China Ocean Shipping Group Co., Ltd." This merger will create the world's fourth-largest container shipping company. The complexity of the merger involves integrating overlapping departments and maintaining employee stability, with a total deal value potentially exceeding $20 billion. This merger will reshape the shipping markets of China and the world.

07/21/2025 Logistics Industry Insights
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Bill of Lading Confirmation: A Critical Step in Ocean Freight Export Procedures

Bill of Lading Confirmation: A Critical Step in Ocean Freight Export Procedures

Ocean bill of lading confirmation is a critical legal procedure in export shipments, requiring strict adherence to timelines by shippers. Carriers typically mandate BL details (consignee/shipper/container info) be confirmed 4-5 days pre-sailing. Unconfirmed data by deadlines requires immediate container number designation to prevent shipping disruptions. Timely and accurate BL confirmation ensures smooth maritime operations.

07/16/2025 Logistics Encyclopedia
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