𝗛𝗼𝘄 𝘁𝗼 𝗕𝗲𝗰𝗼𝗺𝗲 𝗮 𝗦𝗲𝗰𝘂𝗿𝗲 𝗘𝘅𝗽𝗼𝗿𝘁𝘀 𝗦𝗰𝗵𝗲𝗺𝗲 𝗣𝗮𝗿𝘁𝗻𝗲𝗿 (𝗮𝗻𝗱 𝗪𝗵𝗮𝘁 𝗮𝗿𝗲 𝘁𝗵𝗲 𝗕𝗲𝗻𝗲𝗳𝗶𝘁𝘀 𝗳𝗼𝗿 𝗘𝘅𝗽𝗼𝗿𝘁𝗲𝗿𝘀) / The Secure Exports Scheme (SES) is designed to make exporting easier by helping NZ exporters clear Customs here and overseas. Exporters will need to ensure their goods are packed, stored and transported in a way that meets global customs standards. For NZ Customs, the Secure Exports Scheme means they have confidence in the exporter’s supply chain security. For exporters, this means less chance of border delays and greater certainty at international borders. Secure Exports Scheme is New Zealand’s Authorised Economic Operator (AEO) programme and is recognised by overseas Customs administrations through Mutual Recognition Arrangements (MRA). NZ has MRAs with: • Australia • Canada • China • Hong Kong • Japan • Republic of Korea • Singapore • Taiwan • United States of America Additional MRAs are currently being negotiated. 𝗕𝗲𝗻𝗲𝗳𝗶𝘁𝘀 𝗼𝗳 𝗯𝗲𝗶𝗻𝗴 𝗮 𝗦𝗲𝗰𝘂𝗿𝗲 𝗘𝘅𝗽𝗼𝗿𝘁𝘀 𝗦𝗰𝗵𝗲𝗺𝗲 𝗽𝗮𝗿𝘁𝗻𝗲𝗿 • 50% reduction on all export entry transaction fees; • Dedicated SES team to assist you with border compliance; • Lower intervention rates at the time of export and when entering the overseas border – this reduces the cost of goods if subject to inspection, delays to market and potential for product deterioration; • Priority at international borders during times of trade disruptions; • Strengthen your brand value by advertising to international traders that you are an AEO SES partner; • Focused support from the SES team in NZ and our Customs International Liaison Officers deployed across the world. 𝗪𝗵𝗮𝘁 𝗹𝗲𝘃𝗲𝗹 𝗼𝗳 𝘀𝗲𝗰𝘂𝗿𝗶𝘁𝘆 𝗶𝘀 𝗿𝗲𝗾𝘂𝗶𝗿𝗲𝗱? Every business is unique and needs different measures to achieve the outcome of securing cargo. Customs’ approach is to have the exporter demonstrate what they are doing to secure their export goods and assess these practices against the minimum standards. Minimum standards cover the following processes: procedural, documentation and physical security, access controls, personnel security, education and training and other government agency requirements. Learn more in the link below https://lnkd.in/gXY_vH4r Source: New Zealand Customs Service ------------- P.S. The team at https://EasyFreight.co.nz/ helps NZ importers & exporters to save money on international freight and reduce mistakes with Customs and biosecurity rules. → Contact us now to get your FREE quote on international shipment & NZ Customs clearance services (https://lnkd.in/gKSx3Qf)
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𝗛𝗼𝘄 𝘁𝗼 𝗕𝗲𝗰𝗼𝗺𝗲 𝗮 𝗦𝗲𝗰𝘂𝗿𝗲 𝗘𝘅𝗽𝗼𝗿𝘁𝘀 𝗦𝗰𝗵𝗲𝗺𝗲 𝗣𝗮𝗿𝘁𝗻𝗲𝗿 (𝗮𝗻𝗱 𝗪𝗵𝗮𝘁 𝗮𝗿𝗲 𝘁𝗵𝗲 𝗕𝗲𝗻𝗲𝗳𝗶𝘁𝘀 𝗳𝗼𝗿 𝗘𝘅𝗽𝗼𝗿𝘁𝗲𝗿𝘀) / The Secure Exports Scheme (SES) is designed to make exporting easier by helping NZ exporters clear Customs here and overseas. Exporters will need to ensure their goods are packed, stored and transported in a way that meets global customs standards. For NZ Customs, the Secure Exports Scheme means they have confidence in the exporter’s supply chain security. For exporters, this means less chance of border delays and greater certainty at international borders. Secure Exports Scheme is New Zealand’s Authorised Economic Operator (AEO) programme and is recognised by overseas Customs administrations through Mutual Recognition Arrangements (MRA). NZ has MRAs with: • Australia • Canada • China • Hong Kong • Japan • Republic of Korea • Singapore • Taiwan • United States of America Additional MRAs are currently being negotiated. 𝗕𝗲𝗻𝗲𝗳𝗶𝘁𝘀 𝗼𝗳 𝗯𝗲𝗶𝗻𝗴 𝗮 𝗦𝗲𝗰𝘂𝗿𝗲 𝗘𝘅𝗽𝗼𝗿𝘁𝘀 𝗦𝗰𝗵𝗲𝗺𝗲 𝗽𝗮𝗿𝘁𝗻𝗲𝗿 • 50% reduction on all export entry transaction fees; • Dedicated SES team to assist you with border compliance; • Lower intervention rates at the time of export and when entering the overseas border – this reduces the cost of goods if subject to inspection, delays to market and potential for product deterioration; • Priority at international borders during times of trade disruptions; • Strengthen your brand value by advertising to international traders that you are an AEO SES partner; • Focused support from the SES team in NZ and our Customs International Liaison Officers deployed across the world. 𝗪𝗵𝗮𝘁 𝗹𝗲𝘃𝗲𝗹 𝗼𝗳 𝘀𝗲𝗰𝘂𝗿𝗶𝘁𝘆 𝗶𝘀 𝗿𝗲𝗾𝘂𝗶𝗿𝗲𝗱? Every business is unique and needs different measures to achieve the outcome of securing cargo. Customs’ approach is to have the exporter demonstrate what they are doing to secure their export goods and assess these practices against the minimum standards. Minimum standards cover the following processes: procedural, documentation and physical security, access controls, personnel security, education and training and other government agency requirements. Learn more in the link below https://lnkd.in/g_-5KusW Source: New Zealand Customs Service ------------- P.S. The team at https://EasyFreight.co.nz/ helps NZ importers & exporters to save money on international freight and reduce mistakes with Customs and biosecurity rules. → Contact us now to get your FREE quote on international shipment & NZ Customs clearance services (https://lnkd.in/dYAnxCc)
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𝗛𝗼𝘄 𝘁𝗼 𝗕𝗲𝗰𝗼𝗺𝗲 𝗮 𝗦𝗲𝗰𝘂𝗿𝗲 𝗘𝘅𝗽𝗼𝗿𝘁𝘀 𝗦𝗰𝗵𝗲𝗺𝗲 𝗣𝗮𝗿𝘁𝗻𝗲𝗿 (𝗮𝗻𝗱 𝗪𝗵𝗮𝘁 𝗮𝗿𝗲 𝘁𝗵𝗲 𝗕𝗲𝗻𝗲𝗳𝗶𝘁𝘀 𝗳𝗼𝗿 𝗘𝘅𝗽𝗼𝗿𝘁𝗲𝗿𝘀) / The Secure Exports Scheme (SES) is designed to make exporting easier by helping NZ exporters clear Customs here and overseas. Exporters will need to ensure their goods are packed, stored and transported in a way that meets global customs standards. For NZ Customs, the Secure Exports Scheme means they have confidence in the exporter’s supply chain security. For exporters, this means less chance of border delays and greater certainty at international borders. Secure Exports Scheme is New Zealand’s Authorised Economic Operator (AEO) programme and is recognised by overseas Customs administrations through Mutual Recognition Arrangements (MRA). NZ has MRAs with: • Australia • Canada • China • Hong Kong • Japan • Republic of Korea • Singapore • Taiwan • United States of America Additional MRAs are currently being negotiated. 𝗕𝗲𝗻𝗲𝗳𝗶𝘁𝘀 𝗼𝗳 𝗯𝗲𝗶𝗻𝗴 𝗮 𝗦𝗲𝗰𝘂𝗿𝗲 𝗘𝘅𝗽𝗼𝗿𝘁𝘀 𝗦𝗰𝗵𝗲𝗺𝗲 𝗽𝗮𝗿𝘁𝗻𝗲𝗿 • 50% reduction on all export entry transaction fees; • Dedicated SES team to assist you with border compliance; • Lower intervention rates at the time of export and when entering the overseas border – this reduces the cost of goods if subject to inspection, delays to market and potential for product deterioration; • Priority at international borders during times of trade disruptions; • Strengthen your brand value by advertising to international traders that you are an AEO SES partner; • Focused support from the SES team in NZ and our Customs International Liaison Officers deployed across the world. 𝗪𝗵𝗮𝘁 𝗹𝗲𝘃𝗲𝗹 𝗼𝗳 𝘀𝗲𝗰𝘂𝗿𝗶𝘁𝘆 𝗶𝘀 𝗿𝗲𝗾𝘂𝗶𝗿𝗲𝗱? Every business is unique and needs different measures to achieve the outcome of securing cargo. Customs’ approach is to have the exporter demonstrate what they are doing to secure their export goods and assess these practices against the minimum standards. Minimum standards cover the following processes: procedural, documentation and physical security, access controls, personnel security, education and training and other government agency requirements. Learn more in the link below https://lnkd.in/gXY_vH4r Source: New Zealand Customs Service ------------- P.S. The team at https://EasyFreight.co.nz/ helps NZ importers & exporters to save money on international freight and reduce mistakes with Customs and biosecurity rules. → Contact us now to get your FREE quote on international shipment & NZ Customs clearance services (https://lnkd.in/gKSx3Qf)
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𝗛𝗼𝘄 𝘁𝗼 𝗕𝗲𝗰𝗼𝗺𝗲 𝗮 𝗦𝗲𝗰𝘂𝗿𝗲 𝗘𝘅𝗽𝗼𝗿𝘁𝘀 𝗦𝗰𝗵𝗲𝗺𝗲 𝗣𝗮𝗿𝘁𝗻𝗲𝗿 (𝗮𝗻𝗱 𝗪𝗵𝗮𝘁 𝗮𝗿𝗲 𝘁𝗵𝗲 𝗕𝗲𝗻𝗲𝗳𝗶𝘁𝘀 𝗳𝗼𝗿 𝗘𝘅𝗽𝗼𝗿𝘁𝗲𝗿𝘀) / The Secure Exports Scheme (SES) is designed to make exporting easier by helping NZ exporters clear Customs here and overseas. Exporters will need to ensure their goods are packed, stored and transported in a way that meets global customs standards. For NZ Customs, the Secure Exports Scheme means they have confidence in the exporter’s supply chain security. For exporters, this means less chance of border delays and greater certainty at international borders. Secure Exports Scheme is New Zealand’s Authorised Economic Operator (AEO) programme and is recognised by overseas Customs administrations through Mutual Recognition Arrangements (MRA). NZ has MRAs with: • Australia • Canada • China • Hong Kong • Japan • Republic of Korea • Singapore • Taiwan • United States of America Additional MRAs are currently being negotiated. 𝗕𝗲𝗻𝗲𝗳𝗶𝘁𝘀 𝗼𝗳 𝗯𝗲𝗶𝗻𝗴 𝗮 𝗦𝗲𝗰𝘂𝗿𝗲 𝗘𝘅𝗽𝗼𝗿𝘁𝘀 𝗦𝗰𝗵𝗲𝗺𝗲 𝗽𝗮𝗿𝘁𝗻𝗲𝗿 • 50% reduction on all export entry transaction fees; • Dedicated SES team to assist you with border compliance; • Lower intervention rates at the time of export and when entering the overseas border – this reduces the cost of goods if subject to inspection, delays to market and potential for product deterioration; • Priority at international borders during times of trade disruptions; • Strengthen your brand value by advertising to international traders that you are an AEO SES partner; • Focused support from the SES team in NZ and our Customs International Liaison Officers deployed across the world. 𝗪𝗵𝗮𝘁 𝗹𝗲𝘃𝗲𝗹 𝗼𝗳 𝘀𝗲𝗰𝘂𝗿𝗶𝘁𝘆 𝗶𝘀 𝗿𝗲𝗾𝘂𝗶𝗿𝗲𝗱? Every business is unique and needs different measures to achieve the outcome of securing cargo. Customs’ approach is to have the exporter demonstrate what they are doing to secure their export goods and assess these practices against the minimum standards. Minimum standards cover the following processes: procedural, documentation and physical security, access controls, personnel security, education and training and other government agency requirements. Learn more in the link below https://lnkd.in/g_-5KusW Source: New Zealand Customs Service ------------- P.S. The team at https://EasyFreight.co.nz/ helps NZ importers & exporters to save money on international freight and reduce mistakes with Customs and biosecurity rules. → Contact us now to get your FREE quote on international shipment & NZ Customs clearance services (https://lnkd.in/dYAnxCc)
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𝗦𝗲𝗮𝗺𝗹𝗲𝘀𝘀 𝗕𝗼𝗿𝗱𝗲𝗿𝘀: 𝗡𝗲𝘄 𝗭𝗲𝗮𝗹𝗮𝗻𝗱 𝗖𝘂𝘀𝘁𝗼𝗺𝘀’ 𝟮𝟬𝟮𝟯 𝗧𝗶𝗺𝗲 𝗥𝗲𝗹𝗲𝗮𝘀𝗲 𝗦𝘁𝘂𝗱𝘆 / New Zealand Customs shared what they learned in their 2023 Time Release Study. Let’s look into how they clear cargo quickly, showing their dedication to making international trade fast and effective. A Time Release Study (TRS) is a World Customs Organization method of measuring Customs’ performance in clearing cargo moving across the border, measuring the times of various events and procedures from arrival to release to market. Customs is just one component in the supply chain, and there are multiple factors affecting the international movement of cargo. By measuring performance, Customs can establish a baseline of indicators, assess their effectiveness, and identify improvements that help grow the economy by making sure trade flows freely across the border. This is the fourth comprehensive TRS carried out by the New Zealand Customs Service. The first two studies occurred in 2009, where one study looked at the New Zealand Customs Service, while the second study was conducted jointly with the Australian Customs Service. Another TRS was carried out in 2022 to provide an updated benchmark of Customs’ clearance processes to allow an assessment of effectiveness over time. This study targeted international cargo vessels and flights for the week Thursday 31 August to Wednesday 06 September 2023 (7 days). During this week, NZ Customs analysed data from 12,554 import entries and 5,618 export entries across both sea and air cargo that arrived or departed from New Zealand seaports and airports. The study also used data from industry partners involved in border clearance, including port and air freight companies. 𝗞𝗲𝘆 𝗿𝗲𝘀𝘂𝗹𝘁𝘀 Import entries that are correctly reported are cleared quickly and, on average, before the arrival of the vessel carrying that cargo. Export entries that are correctly reported are cleared in advance of loading for export. 98.82% of import and export entries for air and sea cargo were cleared within five minutes of lodgement. According to New Zealand Customs, when items are reported accurately, they can be cleared within a matter of seconds. Learn more in the link below: https://lnkd.in/gxztpUm8 Source: New Zealand Customs Service ------------- P.S. The team at https://EasyFreight.co.nz/ helps NZ importers & exporters to save money on international freight and reduce mistakes with Customs and biosecurity rules. → Contact us now to get your FREE quote on international shipment & NZ Customs clearance services (https://lnkd.in/dYAnxCc)
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𝗦𝗲𝗮𝗺𝗹𝗲𝘀𝘀 𝗕𝗼𝗿𝗱𝗲𝗿𝘀: 𝗡𝗲𝘄 𝗭𝗲𝗮𝗹𝗮𝗻𝗱 𝗖𝘂𝘀𝘁𝗼𝗺𝘀’ 𝟮𝟬𝟮𝟯 𝗧𝗶𝗺𝗲 𝗥𝗲𝗹𝗲𝗮𝘀𝗲 𝗦𝘁𝘂𝗱𝘆 / New Zealand Customs shared what they learned in their 2023 Time Release Study. Let’s look into how they clear cargo quickly, showing their dedication to making international trade fast and effective. A Time Release Study (TRS) is a World Customs Organization method of measuring Customs’ performance in clearing cargo moving across the border, measuring the times of various events and procedures from arrival to release to market. Customs is just one component in the supply chain, and there are multiple factors affecting the international movement of cargo. By measuring performance, Customs can establish a baseline of indicators, assess their effectiveness, and identify improvements that help grow the economy by making sure trade flows freely across the border. This is the fourth comprehensive TRS carried out by the New Zealand Customs Service. The first two studies occurred in 2009, where one study looked at the New Zealand Customs Service, while the second study was conducted jointly with the Australian Customs Service. Another TRS was carried out in 2022 to provide an updated benchmark of Customs’ clearance processes to allow an assessment of effectiveness over time. This study targeted international cargo vessels and flights for the week Thursday 31 August to Wednesday 06 September 2023 (7 days). During this week, NZ Customs analysed data from 12,554 import entries and 5,618 export entries across both sea and air cargo that arrived or departed from New Zealand seaports and airports. The study also used data from industry partners involved in border clearance, including port and air freight companies. 𝗞𝗲𝘆 𝗿𝗲𝘀𝘂𝗹𝘁𝘀 Import entries that are correctly reported are cleared quickly and, on average, before the arrival of the vessel carrying that cargo. Export entries that are correctly reported are cleared in advance of loading for export. 98.82% of import and export entries for air and sea cargo were cleared within five minutes of lodgement. According to New Zealand Customs, when items are reported accurately, they can be cleared within a matter of seconds. Learn more in the link below: https://lnkd.in/gxztpUm8 Source: New Zealand Customs Service ------------- P.S. The team at https://EasyFreight.co.nz/ helps NZ importers & exporters to save money on international freight and reduce mistakes with Customs and biosecurity rules. → Contact us now to get your FREE quote on international shipment & NZ Customs clearance services (https://lnkd.in/gKSx3Qf)
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𝗦𝗲𝗮𝗺𝗹𝗲𝘀𝘀 𝗕𝗼𝗿𝗱𝗲𝗿𝘀: 𝗡𝗲𝘄 𝗭𝗲𝗮𝗹𝗮𝗻𝗱 𝗖𝘂𝘀𝘁𝗼𝗺𝘀’ 𝟮𝟬𝟮𝟯 𝗧𝗶𝗺𝗲 𝗥𝗲𝗹𝗲𝗮𝘀𝗲 𝗦𝘁𝘂𝗱𝘆 / New Zealand Customs shared what they learned in their 2023 Time Release Study. Let’s look into how they clear cargo quickly, showing their dedication to making international trade fast and effective. A Time Release Study (TRS) is a World Customs Organization method of measuring Customs’ performance in clearing cargo moving across the border, measuring the times of various events and procedures from arrival to release to market. Customs is just one component in the supply chain, and there are multiple factors affecting the international movement of cargo. By measuring performance, Customs can establish a baseline of indicators, assess their effectiveness, and identify improvements that help grow the economy by making sure trade flows freely across the border. This is the fourth comprehensive TRS carried out by the New Zealand Customs Service. The first two studies occurred in 2009, where one study looked at the New Zealand Customs Service, while the second study was conducted jointly with the Australian Customs Service. Another TRS was carried out in 2022 to provide an updated benchmark of Customs’ clearance processes to allow an assessment of effectiveness over time. This study targeted international cargo vessels and flights for the week Thursday 31 August to Wednesday 06 September 2023 (7 days). During this week, NZ Customs analysed data from 12,554 import entries and 5,618 export entries across both sea and air cargo that arrived or departed from New Zealand seaports and airports. The study also used data from industry partners involved in border clearance, including port and air freight companies. 𝗞𝗲𝘆 𝗿𝗲𝘀𝘂𝗹𝘁𝘀 Import entries that are correctly reported are cleared quickly and, on average, before the arrival of the vessel carrying that cargo. Export entries that are correctly reported are cleared in advance of loading for export. 98.82% of import and export entries for air and sea cargo were cleared within five minutes of lodgement. According to New Zealand Customs, when items are reported accurately, they can be cleared within a matter of seconds. Learn more in the link below: https://lnkd.in/gibBnWgV Source: New Zealand Customs Service ------------- P.S. The team at https://EasyFreight.co.nz/ helps NZ importers & exporters to save money on international freight and reduce mistakes with Customs and biosecurity rules. → Contact us now to get your FREE quote on international shipment & NZ Customs clearance services (https://lnkd.in/dYAnxCc)
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𝗦𝗲𝗮𝗺𝗹𝗲𝘀𝘀 𝗕𝗼𝗿𝗱𝗲𝗿𝘀: 𝗡𝗲𝘄 𝗭𝗲𝗮𝗹𝗮𝗻𝗱 𝗖𝘂𝘀𝘁𝗼𝗺𝘀’ 𝟮𝟬𝟮𝟯 𝗧𝗶𝗺𝗲 𝗥𝗲𝗹𝗲𝗮𝘀𝗲 𝗦𝘁𝘂𝗱𝘆 / New Zealand Customs shared what they learned in their 2023 Time Release Study. Let’s look into how they clear cargo quickly, showing their dedication to making international trade fast and effective. A Time Release Study (TRS) is a World Customs Organization method of measuring Customs’ performance in clearing cargo moving across the border, measuring the times of various events and procedures from arrival to release to market. Customs is just one component in the supply chain, and there are multiple factors affecting the international movement of cargo. By measuring performance, Customs can establish a baseline of indicators, assess their effectiveness, and identify improvements that help grow the economy by making sure trade flows freely across the border. This is the fourth comprehensive TRS carried out by the New Zealand Customs Service. The first two studies occurred in 2009, where one study looked at the New Zealand Customs Service, while the second study was conducted jointly with the Australian Customs Service. Another TRS was carried out in 2022 to provide an updated benchmark of Customs’ clearance processes to allow an assessment of effectiveness over time. This study targeted international cargo vessels and flights for the week Thursday 31 August to Wednesday 06 September 2023 (7 days). During this week, NZ Customs analysed data from 12,554 import entries and 5,618 export entries across both sea and air cargo that arrived or departed from New Zealand seaports and airports. The study also used data from industry partners involved in border clearance, including port and air freight companies. 𝗞𝗲𝘆 𝗿𝗲𝘀𝘂𝗹𝘁𝘀 Import entries that are correctly reported are cleared quickly and, on average, before the arrival of the vessel carrying that cargo. Export entries that are correctly reported are cleared in advance of loading for export. 98.82% of import and export entries for air and sea cargo were cleared within five minutes of lodgement. According to New Zealand Customs, when items are reported accurately, they can be cleared within a matter of seconds. Learn more in the link below: https://lnkd.in/gibBnWgV Source: New Zealand Customs Service ------------- P.S. The team at https://EasyFreight.co.nz/ helps NZ importers & exporters to save money on international freight and reduce mistakes with Customs and biosecurity rules. → Contact us now to get your FREE quote on international shipment & NZ Customs clearance services (https://lnkd.in/dYAnxCc)
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🪪🍁 CSA carriers and importers usually glide through the Canadian border with ease, thanks to their Free and Secure Trade FAST for short or Commercial Driver Registration Program, CDRP for short registered status. These trusted trader programs transform the arduous task of importing goods into a swift breeze, cutting down on both time and paperwork traditionally needed at the border. 💡 The CSA program offers savings in time and money for both carriers and importers. Cargo transported by a CSA-approved carrier and importer can experience faster customs clearance in Canada due to reduced and simplified border requirements. This program aims to improve efficiency at the Canadian border. 👨🏫 In this Cross-Border 101 video we’ll dive into the world of streamlined border crossings with the Customs Self-Assessment Program, commonly known as CSA. This innovative initiative is a game-changer for carriers, approved importers, and registered drivers, all under the watchful eye of the Canada Border Services Agency (CBSA). 👉 About Customs Self Assessment (CSA): https://lnkd.in/dnatnCg 👉 Customs Self Assessment for Carriers: https://lnkd.in/gPTYnut7 👉 Customs Self Assessment for Importers: https://lnkd.in/g7gQnTQf 👉 How to Register Drivers for the Free and Secure Trade (FAST) Program: https://lnkd.in/gzx_5VmC 👉 How to Register Drivers for the Commercial Driver Registration Program (CDRP): https://lnkd.in/gsEduK64 ✅ Register for with BorderConnect: https://lnkd.in/gG-KBw2i 📌 Order CSA Carrier Lead Sheet Cards: https://lnkd.in/g2MG2vp4 ACE Manifest • ACI eManifest • RNS PARS Tracking • eManifest API • U.S. In-Bond Manager • 24/7 eManifest Support and Processing • Customs Consulting
What is Customs Self Assessment (CSA)?
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Continued.............................................................................................................................. 16. IMDG Code (International Maritime Dangerous Goods Code): A set of regulations for the safe transport of dangerous goods by sea. 17. ISF (Importer Security Filing): A U.S. Customs and Border Protection requirement for importers to file data elements before cargo is loaded on a vessel. 18. L/C (Letter of Credit): A document issued by a bank guaranteeing a buyer's payment to a seller. 19. NVOCC (Non-Vessel Operating Common Carrier): A company that organizes shipments for individuals or corporations to get goods from the manufacturer or producer to a market, customer, or final point of distribution. 20. POD (Proof of Delivery): A document signed by the recipient to confirm delivery of goods. 21. RORO (Roll-On/Roll-Off): A method of shipping vehicles on and off a vessel. 22. SAD (Single Administrative Document): A standard form for customs declarations in the EU. 23. TIR (Transports Internationaux Routiers): An international road transport system that allows goods to be shipped from one country to another without being opened at borders. 24. VAT (Value Added Tax): A tax on the value added to goods and services. 25. WCO (World Customs Organization): An intergovernmental organization that helps customs administrations worldwide. 26. WTO (World Trade Organization): An international organization that regulates trade between nations. 27. CITES (Convention on International Trade in Endangered Species): An international agreement between governments to ensure that international trade in specimens of wild animals and plants does not threaten their survival. 28. CBP (Customs and Border Protection): A U.S. federal agency responsible for regulating and facilitating international trade, collecting import duties, and enforcing U.S. regulations. 29. FTZ (Foreign Trade Zone): A designated location in the United States where companies can use special procedures to help encourage U.S. activity and value-added in competition with foreign alternatives. 30. GATT (General Agreement on Tariffs and Trade): A legal agreement between many countries, whose overall purpose was to promote international trade by reducing or eliminating trade barriers such as tariffs or quotas. These acronyms and abbreviations are commonly used in the field of customs clearance and international trade. ***************************************************************************************************************************************************************************************************************************************************
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CBP Suspends Low-Value Shipment Access for Several Customs Brokers The U.S. Customs and Border Protection (CBP) has suspended access for several customs brokers to the Type 86 program, which facilitates low-value import shipments. This voluntary initiative allows consignees to have their customs brokers provide CBP with data filed through the agency’s automated broker interface (ABI) under the de minimis rule. The de minimis rule permits the import of one package per day worth $800 or less without filing a formal customs entry with CBP and, importantly, without paying duties or tariffs.
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