Customs Tax Exemption Nature Codes and Import/export Goods Exemption Explained

Customs Tax Exemption Nature Codes and Import/export Goods Exemption Explained

The Customs Exemption Code System provides systematic support for the management of import and export goods and tax reductions. This article introduces the classification of customs exemptions, the coding structure, and the specific implementation scope and policy implications of various categories. The aim is to enhance transparency through classification, improve the efficiency and fairness of customs management, and thereby promote the healthy development of international trade.

11/30/-0001 Customs Knowledge
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Port Klang Price Hike Shakes Freight Forwarding Industry: How Will Companies Respond?

Port Klang Price Hike Shakes Freight Forwarding Industry: How Will Companies Respond?

Port Klang announced a phased increase in container handling and storage fees starting in 2025, with a maximum rise of 243%. This policy has far-reaching effects on the global freight forwarding industry, squeezing profits for some companies and prompting more customers to turn to alternative ports. In response, freight forwarders are seeking strategies to cope with these changes, adjusting pricing mechanisms while also facing government bailouts.

06/20/2025 Logistics
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Heavy Truck Rental New Models: The Best Choice to Flexibly Respond to Logistics Changes

Heavy Truck Rental New Models: The Best Choice to Flexibly Respond to Logistics Changes

This article explores the strategy of logistics companies choosing heavy truck rental over purchasing during their capacity expansion. By opting for operating leases, companies only pay for usage rights, reducing financial pressure and enhancing flexibility, allowing them to quickly respond to market changes and policy adjustments. As competition intensifies, this new model has become a significant choice for firms to lower risks and improve efficiency.

07/17/2025 Logistics
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NZ Dollar Slumps Against British Pound Amid Yearlong Decline

NZ Dollar Slumps Against British Pound Amid Yearlong Decline

The New Zealand Dollar has depreciated nearly 8% against the British Pound over the past year, experiencing significant volatility. Investors should closely monitor economic data and policy developments and carefully assess the risks involved. Fluctuations have been pronounced, requiring vigilance in managing exposure to this currency pair. Understanding the underlying drivers of these movements is crucial for informed decision-making and mitigating potential losses.

09/01/2025 Exchange Rate Query
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The Future of National IV Truck Drivers The Truth That Does Not Require Panic

The Future of National IV Truck Drivers The Truth That Does Not Require Panic

The anxiety among National IV truck drivers stems from the elimination of National III standards, but National IV trucks are not facing mandatory scrapping. The policy will guide the scrapping process rather than impose a blanket ban. Some regions may implement traffic restrictions, so drivers should prepare in advance. Overall, National IV trucks can still be used, and there is no need to panic in the short term.

07/23/2025 Logistics
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Customs Duty Exemption Nature Code Analysis: A Comprehensive Understanding and Application

Customs Duty Exemption Nature Code Analysis: A Comprehensive Understanding and Application

This article provides an in-depth analysis of the classification and applicability of customs duty exemption codes, including statutory taxation and tax relief. Understanding these codes not only aids in effective declaration and customs clearance but also optimizes policy application in import and export trade. By offering detailed definitions, codes, and applicability for each type, the article aims to provide clear and practical guidance for professionals in the field.

07/21/2025 Customs Knowledge
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Lifting Age Restrictions on A2 Licenses The Truth Behind the Driver Shortage in the Logistics Industry

Lifting Age Restrictions on A2 Licenses The Truth Behind the Driver Shortage in the Logistics Industry

The new policy lowering the age for obtaining an A2 license has drawn attention as it may temporarily alleviate the driver shortage in the logistics industry. However, it does not address the scarcity of skilled drivers. Young people face challenges entering the industry due to high work intensity and low social status. There is a need to explore long-term strategies for effectively cultivating talent in this sector.

07/24/2025 Logistics
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China Unveils 19 Measures to Cut Logistics Costs, Boost Efficiency

China Unveils 19 Measures to Cut Logistics Costs, Boost Efficiency

This article provides an in-depth analysis of the '19 Guidelines for Transportation and Logistics,' focusing on its objectives, content, and significance in promoting cost reduction and efficiency improvement in the logistics industry. It emphasizes the accuracy of policy direction, the clarity of key tasks, and how the proposed measures can assist the industry in addressing pain points and challenges, ultimately leading to optimized resource allocation and healthy economic development.

07/28/2025 Logistics
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Air Cargo Surcharge Under 45kg Reflects Industry Cost Realities

Air Cargo Surcharge Under 45kg Reflects Industry Cost Realities

This article discusses the pricing structure of air freight, particularly the distinction between an additional fee of 50 yuan for goods weighing under 45 kg and the minimum charge (M price). The minimum charge is levied by airlines on shippers, while the additional 50 yuan is set by freight forwarders to ensure their profit margins. This policy ensures that forwarders can maintain operations when handling small shipments while improving cost transparency.

07/28/2025 Logistics Encyclopedia
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Logistics Index Hits June High Despite Supply Chain Strains

Logistics Index Hits June High Despite Supply Chain Strains

The logistics management index in June reached 60.7, showing a significant increase from May and indicating signs of recovery in the logistics sector. Inventory levels and costs continue to rise, while warehousing capacity has entered a contraction phase for the first time, reflecting potential uncertainties in future supply and demand. Changes in trade policy have also had a significant impact on the economy and the outlook for the logistics industry.

07/07/2025 Logistics Industry Insights
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