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HS CODE stands for Harmonized System Code, a unique number assigned to classify all traded goods internationally. Determining the HS CODE of traded goods based on legal provisions and product characteristics is referred to as 'Classification (Nomenclature).’   The reason why accurate classification is crucial lies in the fact that various aspects such as Duty and Tax rates, import/export requirements, exemptions, refunds, and FTA rules of origin are determined by the HS CODE of the goods. Frequently disputes between companies, customs authorities, exporters and importers, and exporting and importing countries arise due to inconsistent classification.   Recently, there have been many cases where Vietnamese...

On 6th March 2024, The General Department of Customs has issued Official Letter 927/TCHQ-TXNK related to taxes on goods temporarily imported for re-export for warranty, repair. Based on serial number 19 Type code table and issued instructions for use attached to Decision No. 1357/QĐ-TCHQ dated May 18, 2021 of the Director General of The General Department of Customs, Type code G13-Temporary import under tax exemption for use in case of: Goods temporarily imported for warranty, repair or replacement; Re-imported goods of various types of business export, export of processed products, export of products manufactured for export, export of products of export...

Abu Dhabi, United Arab Emirates – Etihad Cargo, the cargo and logistics arm of Etihad Airways, has launched SecureTech. This new product is the ninth addition to the carrier's suite of premium products and is dedicated to the safe and secure transportation of consumer electronics, including mobile phones, laptops, tablets and other lithium battery-powered devices. Etihad Cargo recently achieved IATA CEIV Li-batt certification, ensuring the carrier's handling of electronics is in accordance with the highest safety and efficiency standards. What is SecureTech? A new product dedicated to the safe and secure transportation of consumer electronics, to meet growing demand driven by new...

In the first days of February, at airports in the Northern, there was fog, low clouds, and reduced visibility below flight operation standards which negatively affected flight operations. Especially in  Noi Bai Airport, horizontal visibility has reduced to less than 300m at some time. During the two days of 2nd – 3rd February 2024, at northern airports, there was a phenomenon of dense fog, low cloud, and limited visibility which is directly affecting flight operations. Flights must be taken off at alternate airports or canceled, delayed. From 2 a.m on 2nd February, flights were unable to take off and land at Noi...

From 1st January 2024, industrial goods are officially waived import taxes when imported to Switzerland from all of the countries over the world. This is an important trade policy, implemented by this country after many years of research and preparation In Switzerland, industrial goods include intermediate inputs to the production process such as raw materials, semi-finished products, machinery and equipment, salt and industrial salt, as well as consumer goods such as automobiles, household appliances, clothes, shoes,... The waiving of import taxes of industrial goods does not change the customs clearance process. Importers still have to declare imports and pay other fees and...

When Lunar New Year (Tet Holiday) is coming closely, Customs Department is also managing strictly to confine smuggling and trade fraud. So we are so pleased to provide you about overview of some notable of customs regulations in 2023 based on cases Ken handed as following. Please kindly refer customs regulations we provied to ensure that you company will comply right regulations, avoid fines and always have smooth import – export activities. We hope that the provided information will be helpful to your side and we will strive to provide you useful information related to logistics in the future. CUSTOMS REGULATIONS No. Field Circular No. Content 1 EPE (EXPORT PROCESSING...