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How to choose among LC, TT and DP as foreign trade payment methods?

2024-10-16

This article provides a detailed introduction to the selection of foreign trade payment methods, including common methods such as Telegraphic Transfer (TT), Letter of Credit (LC), Documents against Payment (DP), and their respective advantages and disadvantages. By comparing different payment methods, it helps foreign trade practitioners choose the most suitable payment method based on transaction scale and customer situation to ensure safe and smooth transactions.

With the rapid development of Chinas economy, the demand for mechanical and electrical equipment is increasing day by day. As a major manufacturing town, Jiangsu region has a high degree of dependence on advanced mechanical and electrical equipment. This article will deeply explore the market background, current situation and development trend of the agency import of new mechanical and electrical equipment in Jiangsu, providing reference for relevant enterprises to formulate import strategies.

2024-10-10

Comprehensively answer the application conditions, procedures, standard selection and loss handling of the Certificate of Origin under the China-Ecuador Free Trade Agreement, helping enterprises enjoy tariff reductions.

How to quickly apply for an RCEP Certificate of Origin to enjoy preferential tariffs?

2024-10-02

How to apply for an RCEP Certificate of Origin to enjoy preferential tariff treatment? Master the application steps and filling points of the RCEP Certificate of Origin and avoid common mistakes.

The Operational Risks of Buying Export Declarations in Steel Exports Are Surging. How to Avoid Compliance Traps?

2024-09-24

With the strengthening of international supervision, the method of buying export declarations is gradually being strictly investigated, especially in the field of steel exports. Policy changes have increased tax, foreign exchange and supply - chain risks. How can enterprises avoid compliance traps and ensure trade safety?

Interpretation of the consistency requirements for the information on the bill of lading and the certificate of origin for exports to Thailand, avoiding customs clearance problems

2024-09-02

Understand the importance of the consistency of bill of lading and certificate of origin information when exporting to Thailand and the solutions to ensure smooth customs clearance and tariff reduction, and avoid unnecessary economic losses.

Does exporting goods require paying the manifest fee? Understand the difference between the general manifest fee and the pre - entry manifest fee!

2024-08-29

Does exporting goods always require paying the manifest fee? What is the difference between the manifest fee and the pre - entry manifest fees (such as AMS, ENS, AFR, etc.) for specific countries? This article answers for you to avoid unnecessary expenses.

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The Process of Foreign Trade Documents and Risk Prevention Strategies

2024-08-27

Foreign trade documents play an important role in foreign trade transactions, and their compliant process is crucial to ensure the smooth progress of transactions. This article details the whole process of foreign trade documents, from customer inquiry to document filing, and at the same time provides five risk prevention suggestions, aiming to help foreign trade business personnel better manage and prevent risks.

How to accurately declare the transaction method on the customs declaration form? Key content details

2024-08-22

Accurately declaring the transaction method in the customs declaration form is of crucial importance, directly affecting the customs clearance of goods and corporate compliance. This article details the declaration methods for key content, avoidance of common errors, and suggestions for improving the accuracy of customs declarations.

Implementation of new mandatory product certification rules, covering electronic products and safety accessories

2024-08-21

On August 1, 2023, China will implement the new version of the Compulsory Product Certification Implementation Rules - Electronic Products and Safety Accessories (CNCA-C09-01:2023). This rule is the result of adjustments and optimizations to the scope of compulsory product certification for electronic products and safety accessories. This change signifies that Chinas regulatory policies in the field of electronic products and safety accessories are further optimized to adapt to the new market environment and technological development trends.

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How to choose among LC, TT and DP as foreign trade payment methods?

How to quickly apply for an RCEP Certificate of Origin to enjoy preferential tariffs?

The Operational Risks of Buying Export Declarations in Steel Exports Are Surging. How to Avoid Compliance Traps?

Interpretation of the consistency requirements for the information on the bill of lading and the certificate of origin for exports to Thailand, avoiding customs clearance problems

Does exporting goods require paying the manifest fee? Understand the difference between the general manifest fee and the pre - entry manifest fee!

The Process of Foreign Trade Documents and Risk Prevention Strategies

How to accurately declare the transaction method on the customs declaration form? Key content details

Implementation of new mandatory product certification rules, covering electronic products and safety accessories

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