Who pays for abandoned cargo?
Cargo abandonment can happen due to several reasons such as the consignee only finding out that he/she is not able to import the product only after the shipment has landed…
Customs Invoice
One question that often comes up in supply chain operations is: “What is the invoice format required by Customs?” The Customs invoice is an important document used in any supply…
Trade Compliance in the Organization
Who should Trade Compliance report to? A question that gets asked quite often is to whom the international trade compliance function should report to and where should the office be…
Certificate of Origin
What are Certificates of Origin? Certificates of origin are documents issued by authorities to certify that products were made in a specific country. These documents are used by authorities in…
How to import into Indonesia?
Indonesia is one of the most populous countries in the world. That factor, combined with its geographical location on the world map makes it a key trading partner for many…
How to get Singapore HS Code ?
Singapore is a member of the World Customs Organization (WCO) and ASEAN. Hence, the HS code used for imports and exports is based on the 8-digit ASEAN Harmonised Tariff Nomenclature,…
What is Trade Compliance?
The phrase "trade compliance" is often used in businesses involved in imports and exports. But what exactly do these words mean? A simply definition could be that it refers to…
Transfer Pricing For International Shipments
Transfer Pricing: Introduction For Traders Transfer pricing refers to the process of setting prices for sales activities between related parties or permanent establishments. Related parties are typically defined as entities…
