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19 Cards in this Set
- Front
- Back
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What must all freight travelling between nations have?
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Descriptive documentation as to the contents, weight, and value of each item.
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What to look for in a freight forwarding company?
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1) Should also be a customs broker
2) Should have global exhibition experience, particularly in your industry sector 3) Experience in the host country 4) Can advise about local holidays 5) Website should be user-friendly |
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Transport modes for shipping
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1) air--quicker, goods are handled less, more expensive, has weight and size limitations
2) ocean--less expensive, much slower, requires 3-7 week transit time 3) courier service 4) hand-carry |
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Pack materials so that:
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1) they can withstand some hostile climatic environments and rough handling
2) they can be opened by official inspectors without permanently damaging the packaging 3) they cannot easily be tampered with or pilfered |
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What material might be banned?
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Anything that could be deemed offensive or critical of the ruling regime
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Pro-Forma Invoice
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a packing list on which you describe what you're shipping, the quantity, the value, the weight, and dimensions (in metric)
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What should you prepare separate invoices for?
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materials
a) returning home b) to be sold overseas c) to be distributed for free at the show |
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US Export License
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a government document which permits the "licensee" to engage in the export of designated goods to certain destinations
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ATA Carnet
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an international customs document that permits duty-free and tax-free temporary import of goods for up to one year
covers commercial samples, professional equipment, and goods for use at trade fairs, shows, exhibitions, etc. eliminates or reduces VAT, customs fees, and bond fees |
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What items are not covered by ATA Carnets?
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consumable or disposable goods
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VAT
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a tax on the estimated market value added to any product at each state of its manufacture or distribution
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CIF
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Cost, Insurance, Freight. A pricing term indicating that these costs are included in the quoted price.
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Temporary Import Bond
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means that materials are not for sale and are admitted on a temporary basis without paying any duty
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What to remember about valuation of materials for customs purposes?
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Since charges are levied according to their stated value, to save money, list the product replacement value instead of the sales value
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Ex-gratia payments
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in certain jurisdictions, payment to officials for the unhindered passage of goods
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What should you remember before paying ex-gratia payments?
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1) the policy of your organization
2) the law in your country 3) the laws and customs of the destination 4) alternatives (ex. donation to charity) |
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Responsibilities of a freight forwarder
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1) pick up all materials going to the exhibition
2) provide the proper shipping paperwork and instructions 3) offer the best selection between air and ocean shipments 4) assist in the preparation and handling of all customs formalities (especially carnets) 5) provide transport from the point of entry to the show site 6) provide show site supervision and services, including customs clearance, delivery of freight, storage, return of empty containers, freight loading, and removal after the show 7) provide transport from the show back to the home location 8) offer the most competitive rates to accomplish this |
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Freight Forwarder
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A third-party logistics provider which handles export shipments for customers using common carriers.
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Customs Broker
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An individual or company which provides customs clearing services to shippers of goods to and from another country.
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