TNETS is often asked about the best approach for businesses to take in maintaining trade compliance. TNETS Director, Neil Johnson, was recently called upon to speak on the same subject at a trade management gathering in Singapore. He took the opportunity to share TNETS’ suggestions as to how best practice in trade compliance is best…
21 September 2021 – A recent export enforcement case describes a common compliance challenge faced by many U.S. companies. In this case,[1] a California company manufactured electronic test and measurement equipment for both commercial and government customers. The company failed to identify that one of its software products was listed on the U.S. Munitions List and…
21 September 2021 – U.S. Customs and Border Protection has found that a group of cabinet importers is evading antidumping and countervailing duty orders on Chinese products by transshipping them through Malaysia. The story begins in April 2020, when the Kitchen Cabinet Manufacturers Association won one of the largest anti-dumping cases ever brought against China. The ITC unanimously found…
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…
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…
10 September 2021 – SINGAPORE A company director has been fined S$50,000 for evading Goods and Services Tax (GST) on shipments of LED flashlights and other accessories, Singapore Customs said on Friday (Sep 10). Kong Ming Jie, 36, incorrectly declared the value of goods in the shipments. He also failed to retain documents relating to the imports,…
1 September 2021 – More than 2,000 hauliers were fined for not having the correct export documentation in the four months following the end of the transition period. The UK completed its departure from the EU’s single market and customs union on New Year’s Eve, meaning exporters had to comply with new rules to continue…
16 August 2021 – A Comprehensive Guide On The Working Process Of Container Shipping In Canada Canadian imports and exports are heavily reliant on container shipping. With this mechanism in place, individuals and businesses that are into eCommerce can move goods from Canada to other countries across the globe, and vice-versa. Venturing into this industry…
05 August 2021 – A new ‘customs procedure code’ will facilitate the faster movement of goods through smaller ports, an international trade and customs expert has said. Customs procedure codes (CPCs) are entered onto customs declarations to identify the customs and/or excise regimes which goods are being entered into and removed from (where this applies).…
03 August 2021 – HM Revenue and Customs (HMRC) has today announced that the Customs Declaration Service (CDS), a system founded on world-leading technology, will serve as the UK’s single customs platform from 31 March 2023. HMRC will be closing its Customs Handling of Import and Export Freight (CHIEF) system on 31 March 2023. Hence, from…
