On: September 5, 2005 By: William Augello
When Does Carrier Liability Begin and End? — Part 1
Carrier liability begins when carrier accepts the contract of carriage and the goods are in its possession and control with its knowledge and consent.
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On: May 8, 2005 By: John Goodrich
Importing Basics: Commercial Invoice
The commercial invoice is the primary document Customs uses to ascertain classification, valuation and, ultimately, duty payments owed on each import.
On: January 23, 2005 By: John Goodrich
The Post-Entry Audit: Tips for Auditing Your Customs Entry
A four-point audit requires the customs entry and the accounting records be compared so the price paid and quantities received agrees.
On: November 7, 2004 By: William Augello
Ocean Shipping Problems for Cargo Owners
Shipping goods in ocean vessels invokes special problems for importers and exporters that must be addressed through education and training.
On: October 5, 2004 By: John Goodrich
Import Valuation Basics: Transaction Value
Most commercial importers structure their imports to be able to take advantage of transaction value, and this article is for those companies.
On: September 1, 2003 By: Chris Lidberg
International Letter of Credit: What Constitutes a Discrepancy
You must meet the terms of a letter of credit in order to get paid. Here are the types of discrepancies that can cause problems with the bank.
On: June 29, 2003 By: Hank Selby
The 5 Most Common Mistakes of New Importers
After more than 20 years working with importers, I have come up with the 5 most common mistakes new importers tend to make.
On: July 21, 2002 By: Hank Selby
What Is an Assist?
An assist occurs when an importer of foreign merchandise provides something of tangible value to the producer or supplier of that merchandise. You may be required to pay duty on the value of that assist. We explain.
On: May 19, 2002 By: Chris Lidberg
Will Your Bank Add Their Confirmation to a Letter of Credit?
If you decide you need to use a confirmed letter of credit to ensure that you will get paid for your export, you need to make sure that your bank will add their confirmation. Here are some reasons they might not want to confirm.
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