7 Ways You Can Reduce Cost of Imports
7 Ways You Can Reduce Costs on Imports If your company is doing any cross-border trade, you have to carefully manage operational costs like transportation charges, insurance, duties, taxes and…
HS Code
The Harmonized Commodity Description and Coding System, which is also known as the Harmonized System (HS) of tariff nomenclature is a globally recognized, utilized and harmonized system of descriptions, names…
Getting an import license in Singapore
Singapore is located very strategically in Southeast Asia. Recognizing the geographical advantage it has, the government has worked hard to capitalize on it. Over the years, an elaborate transportation network…
What is anti dumping?
Anti-dumping duty is a measure implemented by governments to protect local industries and manufacturers. This is a form of protectionism against exporters in foreign countries who have priced their export…
What are non tariff barriers?
Non tariff barrier definition A non tariff barrier is used to control and restrict specific cross border trade activities without the imposition of import duty. Trade activities affected by non…
What do trade compliance managers do?
Over the past decade, Trade compliance professional jobs have undoubtedly increased all over the world. In each country and in company, these roles have been designed to address immediate needs…
Importing in China
Importing in China Some of the factors that determine whether your goods will clear Customs or not include the goods value, their product code, and their description. These factors often…
How to export from Singapore?
A General Guide for Singapore Exporters The Customs Act deals with regulations concerning exports from Singapore. Other important legislations that impact export activities from Singapore are the Strategic Goods (Control)…
What is tariff engineering?
Tariff engineering refers to the actions that traders sometimes take to reduce the Customs duties they pay on imports into any country. Tariff engineering can take many forms, such as…
