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What is Customs Duty De Minimis Value?
Customs Duty, also known as Import Duty, is a government-imposed tax commonly found in various countries in the world. It is a fee commonly charged when cross-border eCommerce shipping happens. Taxing shipments that come from foreign countries are ...
Duty Drawback
A refund that can be obtained when an import fee has already been paid for a good, but the good is then subsequently exported.
Anti-dumping Duties (AD)
An anti-dumping duty is a protectionist tariff that a domestic government imposes on foreign imports that it believes are priced below fair market value.
Bonded Warehouse
A bonded warehouse, or bond, is a building or other secured area in which dutiable goods may be stored, manipulated, or undergo manufacturing operations without payment of duty.
HS / HTS Codes
HTS (Harmonized Tariff Schedule) codes are product classification codes between 8-10 digits. The Harmonized System classification is a six-digit standard, called a subheading, for classifying globally traded products. HS codes, also called HS ...