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Analysis of Market Procurement Trade: Definition, Advantages and Applicable Entities

2024-11-02

Market procurement trade is a trade method that allows qualified operators to conduct small - scale purchases within a designated market agglomeration area and handle export customs clearance procedures. It solves the problem of small commodity exports, improves trade facilitation, and brings many advantages in tax and foreign exchange management. This article explains in detail the definition, main advantages of market procurement trade, and the market entities that can carry out this kind of trade.

Management and Disposal of Processing Trade Scrap

2024-11-02

Starting from the definition of processing trade leftover materials, this article elaborates in detail on the differences between leftover materials, defective products, and by - products, and expounds on the relevant regulations regarding the supervision of leftover materials. At the same time, it also provides a practical guide on how to properly dispose of leftover materials, including channels such as domestic sales, return shipments, and destruction.

Analysis of Bonded Warehouses: Types, Functions and Application Conditions

2024-11-01

This article comprehensively introduces the relevant information of bonded warehouses, including the four categories of dedicated bonded warehouses, the various functions of bonded warehouses, and the conditions required to apply for a bonded warehouse. In addition, it also elaborates in detail on the application process of bonded warehouses, including enterprise application submission, customs acceptance, preliminary review, approval by the direct customs, enterprise application for inspection, and the customs issuing a registration certificate, etc.

Trade Terms | Obligations of the Buyer and Seller under FAS

2024-11-01

FAS is a delivery clause in trade terms, which is the abbreviation of Free Alongside Ship. In Chinese, it is generally translated as Free Alongside Ship. FAS stipulates the obligations and responsibilities of the seller, which specifically include the following aspects:

Transshipment Trade Strategy: Cost - Benefit Analysis of Avoiding Anti - Dumping Duties | Shanghai Import/Export Agent

2024-11-01

An export supervision warehouse is established with the approval of the customs. It is mainly used for storing goods that have completed the customs export formalities, carrying out bonded logistics distribution, and providing value - added services for circulation. In other words, an export supervision warehouse is a special warehouse that specifically handles goods that have completed the customs export formalities.

What is the U.S. HTS code?

2024-10-31

The US HTS code, fully known as the Harmonized Tariff Schedule of the United States (HTSUS) code, is a classification system used by the United States for imported and exported goods. This system is maintained by the US International Trade Commission and implemented by the US Customs and Border Protection.

THC | Shanghai Import/Export Agent

2024-10-30

With the development of carbon markets and climate policies, carbon tariffs, carbon quotas, and carbon credits have become important concepts. Understanding the differences between them and the process of cross-border conversion is crucial for enterprises to ensure compliance in international trade.

Relocation of Processing Trade Enterprises: Key Considerations Explained

2024-10-30

In the globalized business environment, processing trade enterprises may face relocation needs, whether moving entirely or partially out of the original customs jurisdiction. Certain regulations and procedures must be followed. So, what should processing trade enterprises pay attention to during relocation?

What to Do If Goods Are Detained or Returned by Customs in Import and Export Trade?

2024-10-30

If you are engaged in import and export business, you may face issues such as customs inspection or returns. These problems could lead to your goods being detained or returned, potentially causing significant impacts on your business. To address these issues, you may consider contacting Zhong Shen International Trade, an import and export agency with a professional team and extensive experience in handling customs matters.

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