Tuesday, March 28, 2023

Customs

You would have seen this terminology called HS Code across many trade documentation or correspondences..

What does this HS Code mean, who uses it and what is it used for..??

HS Code stands for Harmonized Commodity Description and Coding System..

This is the common standard worldwide for describing the type of commodity..

Every commodity that enters or crosses most international borders have to be declared to customs by means of a HS code.. This helps in standardizing the commodity codes worldwide..
Efficient customs clearance and controls are essential for the smooth flow of global trade. One of the ways in which countries are achieving this is through the creation of single-window systems/environments. As per the WCO, the factual...

Africa Trade & Customs Week Summit set for the 7th – 9th of November 2022

Africa Trade & Customs Week Summit, the largest customs summit in the region is set to take place from the 7th – 9th of...

Less than 12 days to go for Africa Trade & Customs Week – claim your spot now

The Africa Trade and Customs Week Summit is upon us. Starting on the 11th of July 2022, the summit will serve as the global...

Africa Trade & Customs Week – Customs, Compliance, Innovation and Trade Facilitation set to come together

Africa Trade & Customs Week Summit the largest customs summit in the region taking place from the 11th -13th of July in Durban comes...

South African customs updates measures relating to COVID-19

Further to the various updates we have been posting here about the COVID-19 lockdown situation in South Africa and the various regulatory changes thereof, SARS has published an update from their side on the measures relating to COVID-19 and the Impact on Customs of new Government regulations..

This update replaces the Customs Practice Note and its Explanatory Note issued on 06 and 07 April 2020 respectively..

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