Customs Duty Exemption Codes Explained

Customs Duty Exemption Codes Explained

This article provides a detailed overview of the classification and structure of customs duty exemption codes, including regulations for general taxation, gratuitous aid, statutory exemptions, and specific regional goods. By defining each code and outlining its applicability, it aids logistics professionals in understanding customs procedures, ensuring compliance and efficiency in trade.

Amazon Tightens Feedback Rules for Crossborder Sellers

Amazon Tightens Feedback Rules for Crossborder Sellers

Amazon will implement new feedback regulations on August 4, 2025, aimed at simplifying the buyer feedback process and lowering the evaluation threshold. Sellers should effectively respond to the new rules by enhancing service quality, guiding customer reviews, and mastering the appeal process to maintain their competitive edge in the market.

07/31/2025 Logistics
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SWIFT Navigates Challenges As Global Payments Evolve

SWIFT Navigates Challenges As Global Payments Evolve

SWIFT payments are facing challenges from emerging competitors, urging financial institutions to be more efficient and compliant in cross-border transactions. Heightened KYC regulations complicate the flow of funds, necessitating vigilance from businesses regarding the potential of new payment systems. Wise decision-making will be crucial in the competitive market.

Key Types and Concepts of Bulk Cargo Transportation Explained

Key Types and Concepts of Bulk Cargo Transportation Explained

Bulk cargo transport is a critical aspect of global trade, encompassing both liquids and dry goods. This article explores the definition and classification of bulk cargo, the various transport methods, and compares them with breakbulk cargo. It also analyzes key considerations during the transportation process and the impact of international regulations.

BTI Streamlines Product Classification for Compliance

BTI Streamlines Product Classification for Compliance

BTI (Binding Tariff Information) is the legal basis for product classification provided by EU customs to enterprises. Valid for three years, it helps businesses ensure accurate classification of goods and reduce tariff risks. With BTI, companies can not only comply with regulations but also enhance their competitiveness in the international market.

New HS Code and Tax Rules for Difluorochloropropane Take Effect

New HS Code and Tax Rules for Difluorochloropropane Take Effect

This article presents the coding information and tax rate details of dichlorofluoropropane (HS Code 2903491051), analyzing its significance in international trade. It highlights that there are no applicable tax rate regulations for this commodity in both export and import scenarios, providing compliance and risk management references for import and export enterprises.