International trade

Importing and Exporting in the absence of Customs Registration

by Categories Shipping and Freight Tags , Leave a comment Estimated reading time = 1 minute

A very useful article from Mike Poverello regarding customs regulations and requirements in South Africa.. As of May 10 2013 an amendment to the South African Customs and Excise Act (91/1964) published in Government Gazette 36433, concerns an increase to the threshold for importation and exportation in the absence of customs registration. General Registration Code 70707070 may be used by a … Read more here..

Who should pay for securing the cargo in the container in an EXW deal..??

by Categories Case Studies, Documentation, FAQ, Incoterms®, Questions and Answers Tags , , , , , 4 Comments Estimated reading time = 3 minutes

In a shipment on EXW terms – Who should pay for securing the cargo in the container..?? This is a question posed by a reader as below.. Here is my question :  – cargo (wine in cartons, on pallets) will be exported from France to the USA – the term of sale is EXW – the exporter will load and … Read more here..

Meet the Incoterms® 2010 rules experts

by Categories Incoterms® Tags , , , , , 1 Comment Estimated reading time = 3 minutes

Everyone in the industry knows or have heard about or should know about Incoterms® which since being published first in 1936, has become the accepted and commonly used terms of trade in international trade accepted by governments, intergovernmental agencies including the United Nations, legal authorities and practitioners worldwide.. In order to discuss these terms further interactively, the International Chamber of Commerce (ICC) has … Read more here..

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