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…

Customs steps up to ensure quick clearance of imports

Asia, Border Security, China, COVID-19, cross border, Customs, Customs Clearance, trade

Imported supplies such as vegetables, fruit, milk, milk powder and beef have been quickly cleared and transferred during the ongoing COVID-19 resurgence in Shanghai, according to Shanghai Customs. A cargo of pumpkins from New Zealand, weighing 25.6 tons, passed through customs smoothly at Waigaoqiao port area after quarantine inspection on March 29. In addition, the…

Trading firm director convicted of illegally importing 1,787 elephant tusks into Singapore.

All News, Asean, Asia, cross border, Custom Fines, Customs, Customs Clearance, Singapore

Dao Thi Boi, 40, was found guilty of importing a scheduled species without a permit She had not taken all reasonable precautions or exercised all due diligence before helping her client with his shipment in 2018, a judge found The shipment was found to contain almost 1,800 pieces of elephant ivory She will return to…

UK exchequer may have lost up to £30bn of VAT via non-declarations

Brexit, cross border, Customs, Customs Clearance, Customs Declarations, Import Export, trade, United Kingdom

There could be upwards of 100 million customs declarations not made post-implementation, according to head of international trade and customs at Fujitsu, Frank Dunsmuir. Fujitsu hosts the CHIEF customs declaration system. He told The Loadstar that “easily around £30bn” of VAT had been lost due to HMRC’s six-month (175-day) delay on declarations for goods imported between 1…

Using Animal Health Regulation Export Health Certificates from 15 January 2022

Brexit, cross border, Customs, Customs Clearance, Uncategorized

Businesses now need to use the Animal Health Regulation (AHR) Export Health Certificates (EHCs) for goods exported from Great Britain (GB) to the EU or moved to Northern Ireland (NI) if an EHC is required. EHCs used by Authorised Traders to move prohibited and restricted (P&R) goods to Northern Ireland are unaffected by these changes.…

Director of freight company fined S$105,000 for offences, including evading GST

Asean, Custom Fines, Customs, Customs Clearance, Customs Declarations, Singapore

  SINGAPORE: A freight forwarding company director was fined S$105,000 last week for fraudulently evading the payment of Goods and Services Tax (GST), as well as for abetting a consignee to furnish false information to Singapore Customs. Tang Yong Hoe, 43, is the sole director of I-Do Logistics, Singapore Customs said in a news release…

The 2022 edition of the Harmonized System Nomenclature is now available online. What’s new?

All News, Customs Brokers, Customs Clearance, Customs Declaration Agents, Customs Declarations, HS codes, Tariffs

As of 18 November 2021, the online version of the 2022 edition of the Harmonized System Nomenclature is available through the WCO Website to all HS users.  The HS 2022 edition, as the world’s global standard for classifying goods in international trade, will enter into force on 1 January 2022. Used by over 200 countries and…

Too may approvals for customs clearance a barrier to trade

All News, Asia, Customs Clearance, Customs Declaration Agents, Customs Declarations

‘Too many approvals for customs clearance a barrier to trade’ According to country’s first Bangladesh Business Climate Index Approvals from some 39 government agencies are required for customs clearance of any product at Chattogram port, which is a major barrier to trade, according to the Bangladesh Business Climate Index (BBX). And the port faces severe…

How to import from China to UK

All News, Brexit, China, Customs, Customs Brokers, Customs Clearance, Customs Declaration Agents, Customs Declarations, Import Export, International Business, Latest, Logistics, Tariffs, United Kingdom

20 September 2021 – China is the joint number one territory that Britain imports from, accounting for 12% of imports. Here is what you need to do if you want to import from China For the UK, the desire to import goods from China is vast. China was the joint-first biggest single country that the…

UK government to blame for Brexit delays, says logistics sector

Brexit, COVID-19, Customs, Customs Brokers, Customs Circulars, Customs Clearance, Customs Declaration Agents, Customs Declarations, European Union, Freight Forwarders, Import Export, International Business, Latest, Logistics, Pandemic, Tariffs, United Kingdom

20 September 2021 – It is UK government “unreadiness” that is the source of further delays to Brexit customs procedure implementation, while associations, brokers, forwarders, ports, and retailers are “ready”. Last week the UK government announced that it would further delay the implementation of export health certificates, phytosanitary (SPS) certificates and safety and security declarations…