The Significance and Detailed Process of Selecting the Correct HS Code for Cross-Border Shipments

AEO, Border Security, cross border, Customs, Customs Brokers, Customs Clearance, Customs Declaration Agents, Customs Declarations, HS codes, Import Export, Tariffs

Introduction   Cross-border trade has witnessed remarkable growth in recent years, with businesses increasingly expanding their operations to international markets. Among the various factors that contribute to successful cross-border shipments, the accurate classification of goods holds paramount importance.   The Harmonized System (HS) code, a universally accepted system for classifying goods, plays a crucial role…

Registration rules revised: FBR expands scope of AEOs

AEO, Customs, Customs Clearance, Digitalisation, Pakistan

4 April 2021 – ISLAMABAD The Federal Board of Revenue (FBR) has allowed integrated operators, warehouses, authorised couriers, ground handling agents, freight forwarders and logistics service providers to register as Authorised Economic Operators (AEOs) for obtaining benefits including trade facilitation, speedy clearance of imports and exports consignments, and timely payment of refunds/duty drawback to the…

How the Brexit deal will affect supply chains

AEO, Brexit, COVID-19, Digitalisation, Europe, European Union, Latest, Supply Chain, Tariffs, Technology, United Kingdom

30 December 2020 – Modern manufacturing depends heavily on fast supply chains offering ‘just in time’ delivery of components, often across multiple borders. The Brexit deal agreed on 24 December will have a significant impact on how goods are manufactured in the UK and the EU. While the EU-UK Trade and Cooperation Agreement (1,245 / 8MB PDF)…

UAE, Indonesia sign AEO Action Plan

AEO, Customs Clearance, Indonesia, United Arab Emirates, WCO

22nd November – 2020 ABU DHABI, (WAM) — Via teleconference, the United Arab Emirates and the Republic of Indonesia signed an Action Plan for a mutual recognition arrangement on the Authorised Economic Operator Program, AEO, in a step to facilitate inter-countries trade, effective and swift implementation of program mutual recognition agreement under the umbrella of…

AEO customs transactions make 61% of Dubai Customs activity in H1, 2020

AEO, Customs, Latest, United Arab Emirates, WCO

4th October 2020 – Figures released by Dubai Customs showed that customs transactions done through the Authorized Economic Operator (AEO) reached 4.4m constituting 61% of the total number of transactions (7.2m) in H1, 2020. The leading program has played an important role during the pandemic in facilitating external trade. Companies, members of the program, boosted…

Trade facilitation: FBR to issue ‘gold’, ‘platinum’, ‘silver’ certificates to AEOs

AEO, All News, Latest, Pakistan

01 Sep 2020 ISLAMABAD: The Federal Board of Revenue (FBR) will issue gold, platinum and silver certificates to the Authorised Economic Operators (AEOs) for providing them a wide range of benefits including trade facilitation, speedy clearance of imports and exports consignments and timely payment of refunds/duty drawback to the holders of such certificates. The FBR…

David Miller, customs and AEO Consultant and co-founder of The Customs People, explains what UK exporters must do now to ensure that their goods move through customs as smoothly as possible in the event of a No Deal Brexit

AEO, All News, Brexit, United Kingdom

Oct 17 2019 / Brexit Analysis This article is the view of the author and not necessarily of Ready for Brexit Despite reassurances that the Government is in negotiations with EU leaders, the prospect of a No Deal exit on 31st October is still very much on the cards. Businesses are running out of time…