When importing into the USA, understanding the US’ customs clearance procedure is a must. Customs clearance in the USA is overseen by the United States Customs and Border Protection (CBP), its primary border control organization. It is required to present the CBP with multiple documents and to pay due duties. Is a Customs Broker needed? …
AGRIM (Agricultural Imports) and AGREX (Agricultural Exports) licenses are related to the process of import and export of some agricultural products from or to countries outside the European Union. Both AGRIM and AGREX fall under Common Agricultural Policy (CAP) regulations. AGRIM and AGREX licenses The list of products subject to the AGRIM or AGREX requirements …
The import of goods is closely tied with carrying out customs clearance formalities. If you import goods from a non-European Union country, like Vietnam or China, to an EU Member State, you are an importer by EU’s regulations. You are not an importer if you move goods from one EU country to another. One of …
Imports of goods from outside the European Union’s customs territory to a state member require customs clearance. For customs procedures, it is necessary to submit many documents and to pay customs duties and import sales tax. For the goods to be available legally on the target market, they must go through an authorization procedure. After …
International trade requires filling out many, sometimes quite complicated paperwork. Various documents are required for customs clearance alone. The commercial invoice is one of them. An importer must ensure that the sender issues this type of invoice. Customs cannot clear imported goods without the commercial invoice. Commercial Invoice (CI) A commercial invoice, CI for short, …
Customs bond is an agreement relating to a specific transaction between an importer and a customs office. Under U. S. customs regulations, customs bond is a requirement for export to the U.S. A customs bond is a financial guarantee between the guaranteeing company that submits the declaration, the importer, and Customs Border Protection (CBP). The …
The CMR Convention is an international agreement regarding the carriage of goods by road. It applies to the commercial transport of goods in international relations. Provided that at least one country (shipment or destination country) has acceded to the CMR Convention. It should be noted that it applies only to transport provided under a contract …
The situation in the international market is continuously changing. In connection with the creation of regional free trade areas, the rules of origin of goods have acquired particular significance. Therefore, the EUR 1 Document plays an important role in international commercial transactions. It confirms the origin of the products, and in special circumstances (embargo or …
The customs certificate is used in the European Union as a confirmation in the importing country that the goods have a Community status. The T2L document is issued in each branch of the customs office in the place where the loading and export of the goods took place. This means that importer needs it to …
International trade is flourishing. More and more entrepreneurs want to start trading with other countries. Because of that, we are going to trade fairs around the world, wanting to present our products. The products that we want to show at the stand must go through customs clearance, and for this, we also need proper documents …