Is CBP Clamping Down On Shein and Temu?

“Homeland Security cracking down on customs brokers used by Shein, Temu“ Is this true? If not, what’s really happening? One might assume that the US Government has decided to target Chinese origin e-commerce players in a sudden protectionist onslaught, reading some recent headlines. The reality is a little more complex. Entry under Section 321 of…

Reducing Logistics Costs

Reducing Logistics Costs: Smart Strategies for International Businesses

Welcome to the “Customs Insights” section of TNETS Global! In today’s global marketplace, businesses face constant challenges to optimize their international logistics operations while minimizing costs. As a leading provider of customs technology and services, we understand the significance of managing logistics expenses efficiently. In this article, we will explore various ways companies can reduce…

Customs Data

UNLOCKİNG THE POWER OF CUSTOMS DATA IN THE GLOBAL SUPPLY CHAİN

Introduction to Customs Data In today’s globalized world, where trade barriers continue to diminish, efficient customs management has become crucial for companies seeking to expand their international operations. In this era of complex supply chains and evolving trade regulations, customs data plays a pivotal role in streamlining processes, ensuring compliance, and identifying untapped opportunities. Capturing…

Single customs broker model

USİNG TNETS GLOBAL AS YOUR SİNGLE INDEPENDENT CUSTOMS BROKER

Introduction to the Single Customs Broker Model: Efficient customs processing is critical for businesses engaged in international trade. Customs declarations, documentation, and compliance requirements can be complex and time-consuming. Many businesses traditionally rely on multiple freight forwarders to handle their customs declarations, which can lead to fragmented processes and increased risk of errors or delays.…

tariff classification

SELECTİNG THE CORRECT HS CODE FOR CROSS-BORDER SHİPMENTS

Introduction to HS Code Selection 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 using the correct HS code holds paramount importance.   The Harmonized System (HS) code, a universally accepted…

CUSTOMS CHARGES: ARE COURIERS REALLY HIDING FEES?

We take a look at the accusation against DHL of imposing ‘hidden customs charges’. “Calgary Mom” challenging DHL’s charging and communications practices has been trending in recent days, and this has generated quite a bit of media coverage in an area close to our hearts, i.e. Hidden Customs Charges Michelle Sinclair says she found out…

WHAT IS CUSTOMS COMPLIANCE

30 April 2021 – Understanding the mechanism of customs compliance is vital. Often, this aspect of your business has been overlooked and causing ramifications to your company. The customs penalty for compliance failure is an unnecessary financial burden. The impact of non-compliance records could position your company under scrutiny by the authorities. In short, customs…

CUSTOMS TARIFFS ON LOW-VALUE GOODS

19 April 2021 – More customs jurisdictions are dropping or removing duty and / or GST threshold What this means is that more imports will: A.  Have to be declared to customs B. Attract payment of duty and / or import tax than is currently the case. With the growth of e-commerce there are more…

SINGLE CUSTOMS BROKER SOLUTIONS FOR SHIPPERS

Moving to a single customs broker: why wrestle with the risks and complexities of multiple freight forwarders performing customs clearance on your behalf? TNETS’ Single Customs Broker Solution delivers: In-House National Customs Approved Customs Declaration Technology Means No Licences To Buy Or Expensive Software And Hardware To Maintain Preserves And Enhances Existing Shipper / Freight…