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Incoterms on these forms define the shipment and customs declaration. A Harmonized System Code (Hs code or harmonized code) might be required to define the type of goods and their associated tax rate. The importer is usually required to provide information about the goods' country of origin and the certificate of origin. Errors on the forms can ...
Customs clearance can be conducted at any one of the many customs offices in China. A commercial invoice, packing list and the CIF (cost, insurance and freight) must be provided for the shipment. It is also important to make sure that all documentation shows the complete country name as “ People’s Republic of China .”
A consular invoice is a document, often in triplicate, submitted to the consul or embassy of a country to which goods are to be exported before the goods are sent abroad. [1] The completed documents then travel with the goods and enable the customs officials in the destination country to verify the quantity, value and nature of the goods on ...
The customs officer may need to check the authenticity of the certificate at hand by comparing the reference number thereof and examining the signature and stamp on it surface. He also needs to check to make sure all the fields in the certificate have been duly filled and the information in the certificate is consistent with that in other trade ...
Failure to provide this document, or presenting an incorrect version, could lead to significant fines and prevent cargo from being cleared through customs. [2] African countries require the ECTN from shippers to ensure effective oversight, supervision, and management of import/export traffic. It facilitates advance knowledge of cargo specifics ...
Make international trade operations more flexible, Use Documentary Collection in cases when the seller does not want to deliver goods to the buyer on "open account" basis, but due to a long-term stable business relationship between the parties there is no need for security provided by a Letter of Credit or payment guarantee, Documentary collection is suitable to the seller: if the seller has ...
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