Globalior - Page 4 of 16 - International Trade Compliance, Supply Chain & Logistics

GST vs VAT

GST and VAT are terms used almost interchangeably by many businesses. In many ways these terms refer to the same type of tax. Countries do not usually have both GST…

ODM is short for Original Design Manufacturing and OEM is short for Original Equipment Manufacturing. They may sound similar and many professionals use the terms interchangeably. However, these are two…

Export General Manifest (India)

EGM, or the Export General Manifest has to be filed with the Custom authorities before the freight forwarder's transport (carrying cargo for delivery to other countries) departs from India or…

7 Ways To Avoid Getting Scammed When Buying Online

Recent events have given the e-commerce industry a steroid induced growth spurt that online scammers all over the world are rushing to take advantage of. Sophisticated fraudsters are now offering…

US export controls on fundamental research

What is fundamental research? Before we look at US export controls on fundamental research, let us first define what it is. Fundamental research can also be called basic research. This…

UK Export controls on software

Export control regulations in the UK cover controls on software and technology. If the software is of a controlled nature, you may need a license to export it out of…

Export Controls in Singapore

Singapore defines export controls on strategic goods that are related to the development, manufacture and utilization of nuclear, biological and chemical weapons. The export controls also cover missiles that have…

Are export controls and sanctions the same thing?

What are Export Controls? More and more countries all over the world have started to implement export control laws to enforce restrictions on certain exports, brokering and transshipment, sale and…

What are Export Controls?

Export controls define the rules surrounding the release of certain types of data, information, products, technology, services and funds from a country. Export control regulations are written to prevent the…

Who will provide HS code for import?

HS Traders must provide HS codes to Customs authorities when they want to import or export products into a country. This information is usually declared on the import declaration. These…

Incoterms: When does title of goods pass from seller to buyer?

Incoterms deals with several aspects of trade such as : General obligations Transfer of risks Delivery Carriage Insurance Delivery and transportation documents Export clearance Import clearance Cost allocation between buyer…

Can Incoterms be used for domestic shipments?

Since most businesses already refer to Incoterms when they do cross border trade, they also include them by default when doing domestic shipments. This is perfectly fine in most cases,…