ARTICLES

International Trade & Customs

Guides covering customs terminology, export documentation, bills of lading, delivery terms and transit trade.

TOPICS

Article Topics

All Articles
CONTENT

Articles in This Topic

What Is a Transit Trade Invoice? How Is It Issued?

What Is a Transit Trade Invoice? How Is It Issued?

Transit trade generally describes a transaction where goods purchased from a supplier in one country are sold to a customer in another country without entering domestic circulation in Türkiye.Commercial invoiceThe invoice should identify the seller and buyer, invoice date and number, currency, goods, quantity, unit price, total value and agreed delivery/payment terms.DocumentsSupplier invoiceSales invoicePacking listTransport documentPayment documentsTax and e-document treatmentTax exemptions, e-Invoice/e-Archive scenarios and exemption codes can change and depend on the facts of the transacti..

Continue Reading
What Is a Bill of Lading Instruction? What Is an HTS / HS Code?

What Is a Bill of Lading Instruction? What Is an HTS / HS Code?

A bill of lading instruction contains shipment information supplied to the carrier or forwarder so the transport document can be prepared correctly.Common detailsShipper and consigneeNotify partyLoading and discharge placesGoods descriptionPackage count and typeGross weightContainer and seal informationHS and HTS codesThe Harmonized System is the international basis for product classification. Countries may extend it with additional tariff digits. A country-specific HTS code should be confirmed for the destination market because classification can affect duties, permits and other trade measure..

Continue Reading
Export Packaging Type Codes: A Practical Guide

Export Packaging Type Codes: A Practical Guide

Export and customs documents may require a standardized package type in addition to package count and weight.Typical packagingBox or cartonCase or crateBag or sackDrum or barrelPalletBundleRoll or reelThe exact code set depends on the declaration, EDI standard or customs system being used. Confirm the current code with the destination system or customs broker rather than relying on an old list.

Continue Reading
Customs Terms: Delivery and Payment Methods Explained

Customs Terms: Delivery and Payment Methods Explained

International trade documents use delivery and payment terms to define responsibilities between buyers and sellers.Delivery termsIncoterms rules such as EXW, FCA, CPT, CIP, DAP, DPU and DDP are widely used to define transport, cost and risk responsibilities. Sea-specific terms include FAS, FOB, CFR and CIF.Common payment methodsAdvance paymentOpen accountDocumentary collectionLetter of creditThe selected term should match the sales contract and shipping documents. For a live transaction, confirm current customs and banking requirements with your broker, bank and logistics provider.

Continue Reading
Showing 1 to 4 of 4 (1 Pages)