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Risks and Costs for the Seller The seller is responsible for arranging and paying for transportation to the ship and is also responsible for loading the goods onto the ship. The risk used to transfer to the buyer when the goods go over the rail of the ship. This was confusing as the risk would …

Risks and Costs for the Seller There is no risk and cost for the seller in getting the goods delivered to the buyer. The seller is not even responsible for loading the goods when they are picked up. The seller has to properly pack and label the goods and get them ready for shipment. Risks and Costs …

What is an HS-Code? HS-Code stands for Harmonized System Code. It is developed and maintained by the World Customs Organization in Brussels. HS-Codes are used by Customs Authorities worldwide to categorise products. Based on the HS-Code of the product you want to export there are specific …

What Is an ATR? An ATR certifies that the goods have been brought into free circulation in either the EU or Turkey, and have therefore already gone through all import procedures. An ATR is not a certificate of origin.  Why Use an ATR? When you use an ATR when you import something from Turkey, you …

What’s a HS commodity code?  An HS commodity code is a 10 digit (for imports) number that classifies your goods .   This code is entered on your import clearance and dictates the duty and VAT you pay , rules of preferential origin , and any additional obligations you may have – such as the need to …

AEO stands for Authorized Economic Operator. It is a concept that the EU established in 2008. The main goals are increasing international supply chain security and facilitating legitimate trade. It means that the company in question works in compliance with standards that are set out by the World …

Which commodities are affected by the sanctions on Russian iron and steel? The two main HS tariff chapters that are affected by the sanctions on Russian are: 72 – Iron and steel. 73 – Articles of iron and steel. It is important to ensure that you are using the correct customs goods classification …

When Parts Become a Bicycle Dutch Customs is currently putting an increased focus on imported bike parts. These checks are all after the import has taken place, hence their name: Controle na import (CNI, check after import). The parts are imported under HS Code HTS Code: 8714 .. .. Parts And …

When goods are bought or sold Cost and Freight (CFR) it means that the Seller is responsible for the delivery of the goods to a ship and loading the goods onto the ship. The seller is also responsible for any customs export documentation and export licences  if needed. Also, the seller is …

A reminder on what is restricted so far Since 2014, the EU has imposed several rounds of sanctions against Russia. Here are some of the restrictions in EU sanctions packages one to 13:  Asset and travel freezes for high-profile individuals and those belonging to certain companies, institutions, or …