Our glossary simplifies common industry terms in freight and logistics into clear, easy-to-understand explanations.
Import Consignment Imported goods refer to goods brought into the country from abroad. Imported goods are subject to declaration, payment of customs duties, consumption tax, and value-added tax, and quarantine or safety inspections in accordance with local regulations. During the import process, businesses must prepare complete documentation, such as commercial invoices, packing lists, and bills of lading, and ensure that goods comply with regulations. Complying with import regulations ensures a stable supply chain and avoids fines and delays.
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