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 …
Bill of Lading, or sea waybill, is one of the most important documents in international transport. On its basis, we can pick up the cargo at the destination port. In the previous article, we also described types of bills of lading and what records must contain such a document. When importing from China, people often …
Correctly filled transport documents are essential for the implementation of any international transport. Furthermore, each of the transport branches has its own pattern of the bill of landing. Maritime law distinguishes charter part, a note of booking or bill of lading. The last one is one of the most important in the case of international …