On: November 6, 2023     By: David Noah

Proforma vs. Commercial Invoice: What’s the Difference?

At first glance, the differences between a proforma and commercial invoice appear small. But when you understand how and when both types of invoices are properly used in an import-export transaction, you see how important it is to accurately complete both forms.

On: October 23, 2023     By: Kari Crane

Lacey Act Compliance: A Guide for Importers

If you import goods that contain paper, wood or plant-based materials, you may need to file a Lacey Act declaration. And later this year even more products will fall under the jurisdiction of the Lacey Act. Learn about its purpose, enforcement and how to meet your compliance responsibilities.

On: October 2, 2023     By: Arnesh Roy

A Glossary of International Shipping Terms

Don't be overwhelmed by the hundreds of international shipping terms. We've published a glossary of more than 250 trade terms used by importers and exporters. Bookmark this page and refer to it when you stumble across a word or acronym that has you stumped.

On: September 13, 2023     By: Mitch Kostoulakos

How to Determine Value for U.S. Customs

Typically the commercial invoice value is used by U.S. Customs and Border Protection for duty calculation. But when the invoice value cannot be used or the transaction isn't clear-cut, CBP uses an appraisement hierarchy to ensure a fair and consistent valuation of imported goods for customs purposes. Learn how to apply the appraisement hierarchy.

On: July 7, 2023     By: David Noah

FAQ: Creating a Certificate of Origin for Your Exports

A Certificate of Origin form is often required by customs when importing goods. Since the exporter is usually the party that sourced the goods, they generally are the party that prepares the Certificate and gets it chamberized when required. Here are some frequently asked questions about COOs.

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