Customs Settlement Methods Code Explanation and Class Analysis

Customs Settlement Methods Code Explanation and Class Analysis

This article provides a detailed analysis of customs settlement method codes, focusing on common methods such as letters of credit, telegraphic transfers, checks, and collections. It categorizes the advantages and disadvantages of each settlement method and discusses their applicable scenarios. Additionally, the article explores customs definitions of settlement methods and their application in international trade. The diversity of settlement methods caters to different trade needs, ensuring transaction security and flexibility.

07/21/2025 International Settlement
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Customs Declaration Form Filling Norms for Import and Export Goods

Customs Declaration Form Filling Norms for Import and Export Goods

This guideline aims to standardize the customs declaration for import and export goods, clarifying the filling requirements to enhance data quality. It includes requirements for pre-entry numbers, customs numbers, consignee and consignor information, and filling requirements for ports of entry and exit, ensuring compliance and transparency. Specific requirements for special circumstances are also included, with the intention of improving the efficiency and accuracy of import and export customs declarations.

07/21/2025 Customs Knowledge
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ATA Carnet Validity Period and Renewal Process Guide

ATA Carnet Validity Period and Renewal Process Guide

The validity of an ATA Carnet is one year and cannot be extended, but renewal can be applied for within the validity period. Due to the impact of the pandemic, a maximum extension of six months is permitted. Understanding these regulations helps businesses to manage their import and export tasks properly and safeguard their rights.

07/15/2025 Logistics Encyclopedia
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Overview of the Operational Process for Dangerous Goods Consolidated Shipping to Singapore

Overview of the Operational Process for Dangerous Goods Consolidated Shipping to Singapore

This article outlines the operational process of consolidating dangerous goods for sea freight export to Singapore. It emphasizes the importance of confirming shipping schedules, preparing necessary documentation, and adhering to safety regulations. Required documents include Material Safety Data Sheets, Dangerous Goods Declarations, and shipping instructions, alongside compliance with dangerous goods classification standards for proper consolidation.

07/18/2025 Logistics Encyclopedia
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Oversized Freight: Unique Challenges and Considerations in the Logistics Industry

Oversized Freight: Unique Challenges and Considerations in the Logistics Industry

Heavy cargo transport in logistics involves oversized, overweight, or extra-long equipment that requires special planning and handling. Shippers must assess the equipment and obtain necessary permits and approvals to ensure successful transport. Developing the best transportation plan and adhering to laws and regulations are crucial for ensuring the safe arrival of the equipment.

07/17/2025 Logistics Encyclopedia
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Customs Declaration Requirements and Process for Repair Items

Customs Declaration Requirements and Process for Repair Items

This article provides a detailed interpretation of the customs declaration requirements and processes for repairing items, covering the declaration points for outbound and inbound repair services. Enterprises must accurately fill out export and import customs declarations, submit necessary materials, and comply with customs regulations to ensure smooth declarations and avoid unnecessary liabilities and costs.

07/18/2025 Logistics Encyclopedia
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Dangerous Goods Pickup Process Overview at Beijing Capital Airport

Dangerous Goods Pickup Process Overview at Beijing Capital Airport

This article outlines the regulations for the pickup of dangerous goods at Beijing Capital International Airport. The safety management system categorizes pickup requirements based on different types of dangerous goods, such as explosives, toxic substances, and radioactive materials. The pickup process for each type emphasizes safety assurance, requiring relevant certifications and compliant transportation means.

07/18/2025 Logistics Encyclopedia
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Supply Chain Transformation Challenges and Directions Forward

Supply Chain Transformation Challenges and Directions Forward

Today’s supply chain management faces various challenges and transformation opportunities. Companies need to focus on visibility, flexibility, and sustainability, increasing technology investments to build a collaborative matrix supply chain that operates efficiently in an increasingly complex environment. By actively responding to regulations, geopolitical issues, and market changes, businesses can meet the challenges of the future.

07/23/2025 Logistics
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Global Container Shipping Rates Surge Amid Rising Demand

Global Container Shipping Rates Surge Amid Rising Demand

GRI (General Rate Increase) is a pricing adjustment mechanism used by ocean shipping companies that must be announced 30 days in advance according to U.S. regulations. The amount and implementation of GRI vary with market changes, significantly impacting transportation costs for businesses. Understanding the GRI mechanism can help companies better manage their shipping expenses.

08/05/2025 Logistics Encyclopedia
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China Launches Logistics Reforms to Cut Business Costs

China Launches Logistics Reforms to Cut Business Costs

China aims to reduce the total social logistics cost ratio from 4.9% to 4.4% within three years. This initiative will be implemented through several measures, including the revision of toll road management regulations and the rectification of arbitrary charging practices. The goal is to lower logistics costs for enterprises and promote high-quality economic development.

07/28/2025 Logistics
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