Knowledge base

The Carbon Border Adjustment Mechanism (CBAM) is an EU measure that imposes a carbon tax on certain imported products. The ...

Importing and exporting are processes by which goods are respectively imported into or exported from a country. Importing involves ...

An HS (Harmonized System) code is an international standard code used to classify goods when importing and ...

NCTS (New Computerized Transit System) is a digital system that supports transit within the EU and EFTA countries.It ...

Direct representation means that a customs broker acts on behalf of and under the name of the importer or exporter. ...

Selective distribution means that manufacturers sell their products only through selected distributors. These distributors are chosen on ...

EXW (Ex Works) means that the seller makes the goods available at its own location, such as a factory ...

CFR (Cost and Freight) is an Incoterm in which the seller is responsible for the cost and arranging ...

Distribution costs are the expenses incurred in delivering products from manufacturer to end user.

A CEMT permit is an international transportation permit that allows goods to be transported by road between ...

FOB (Free on Board) is an Incoterm in which the seller is responsible for the goods until they reach ...

CIF (Cost, Insurance and Freight) is an Incoterm for marine and inland transportation in which the vendor is responsible for ...