Importing goods from China is a multi-step process that requires an importer’s remarkable thoroughness and responsibility. Lack of the necessary knowledge can result in enormous financial losses. Thus, before you start importing, you must know all its steps to prepare for it correctly. What to pay particular attention to when importing goods from China?Continue reading
Turkey is a dynamically developing country, and its economy is based on industry and services. Its strength lies in its location between Europe and the Middle East. In terms of trade, we can observe a growth in vehicle, electronics, and petrochemical exports. While the EU-Turkey trade is thriving, and the US-Turkey trade has potential. In this article, we cover everything about import from Turkey to both the EU and the US.Continue reading
China is one of the global leaders in exporting jewelry. Chinese suppliers offer a wide variety of jewelry articles, providing a great choice for different consumers. What’s more, the demand for accessories that complement everyday look remains high. That’s why the import of these items is popular among international importers. We present all you need to know about importing jewelry to the US.Continue reading
The HTS code, or the Harmonized Tariff Schedule, is a code used to classify and define products in international trade. Each code has between 8-10 digits, the first 6 being an HS code, also called the Harmonized Commodity Description and Coding System. The code is used by all members of the World Customs Organization (WCO). The HTS is explicitly used for imports and exports in and out of the United States.Continue reading
When importing goods from outside of the European Union, including China, you should check the customs tariffs. The TARIC system might be of great help in doing so. In this article, we explain step by step how to use the TARIC system and what information in addition to the duty rates can be found there.
TARIC, which is the Integrated Tariff of the European Communities, is a system operated by the Directorate-General for Taxation and Customs Union. It integrates all the legal provisions of the European Union Member States that are related to customs tariffs for industrial and agricultural articles.
TARIC can be very helpful when you decide to import or export goods. Although the rates are constantly changing, you can easily find the current ones in the system.Continue reading