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Commodity codes determine the type of goods you are importing or exporting, what customs duties need to be paid on them, and whether VAT needs to also be included in those costs. There are six-, eight ...
Exciting changes are coming to our BuyWays commodity code structure that will help harmonize the process and increase data quality! Join us via Zoom on Thursday, Nov. 9 from 10 to 11 a.m., as we ...
The longer commodity code would be required on the UK import declaration. A UK business can use the Access2Markets (with the “country from” being the UK), to obtain a commodity code, truncate it to ...
Commodity codes are crucial for classifying imported and exported goods worldwide. The World Customs Organisation changed the codes earlier this year, and the impact on UK businesses is significant.
The ABS Code of Best Practices for Commodity Financing lays out key principles governing prudent commodity trade financing practices. ST PHOTO: KELVIN CHNG. UPDATED Dec 01, 2020, 11:33 AM.
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