19 July 2021 – Thanks to the China-ASEAN Free Trade Agreement (CAFTA), more commodities from ASEAN countries, ranging from agricultural products such as mango, durian and coffee to primary and intermediate products like rubber and paper, have entered the Chinese market. In 2020, China and ASEAN became each other’s largest trading partners for the first…
Details14 July 2021 – The European Union (EU) has introduced new rules governing the value-added tax (VAT) applied to cross-border eCommerce sales. These changes, effective July 1, include the removal of the VAT exemption on imported goods into the EU with a value up to EUR22 (around Dhs95). A special scheme for distance sales of…
Details13 July 2021 – The government is encouraging UK businesses to prepare for rule changes for trade with the EU which will come into effect across the next six months. HMRC has today (12 July) written to more than 160,000 VAT-registered businesses explaining the measures firms must take to continue trading with the counterparts on the continent.…
Details12 July 2021 – Customs broker licence fees waived till 2023 The largest sources of customs and excise revenue were vehicles and machinery (accounting for 43.5 per cent), petroleum and energy (22.8 per cent), construction materials and miscellaneous fees (6.3 per cent) and other products (27.4 per cent), according to the department. Hin Pisei The…
Details08 July 2021 – More people are getting caught breaking the law by trying to smuggle counterfeit items into Guam. Guam Customs and Quarantine Agency gave the media a look at the thousands of knockoff designer items that have been seized and are locked away at the Customs facility in Tiyan. On Tuesday, the agency…
Details07 July 2021 – Pangolins are among the world’s most endangered species Customs agents in southwest China have seized 2.2 tonnes of pangolin scales and busted an endangered wildlife smuggling gang, state media reported. Two suspects were detained in the city of Yulin in Guangxi by customs officers, who also seized two kilograms of pangolin…
Details06 July 2021 – The Federal Communications Commission on June 17, 2021, unanimously approved relaxed rules regarding the importation and marketing of a broad range of radiofrequency devices, such as computer equipment, smartphones, wireless audio equipment, Wi-Fi routers, Internet of Things devices, and more. Traditionally, radiofrequency (RF) device authorization can be completed by one of…
Details04 July 2021 – Certain goods are now allowed to be cleared through customs prior to the completion of the applicable forms, which must be submitted no later than 90 days after receiving the merchandise or registration for customs declaration, whichever occurs first. This is according to a directive issued by the Ministry of Economy…
Details02 July 2021 – Time is running out for UK importers of European goods who deferred their customs declarations as part of a six-month moratorium to soften the impact of Brexit. But many importers are woefully unprepared to meet the rolling deadline for lodging supplementary declarations for goods imported from 1 January. The situation has…
Details28 June 2021 – CAIRO : A new project to establish a dry port and logistics center in the 10th of Ramadan City will be put up for grabs on Tuesday, Finance Minister Mohamed Maait has said. The port and center, to be built over 250 feddans, are meant to maximize the contribution of the…
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