Excise Duty in the UK and EU This comprehensive document meticulously details the intricacies of excise duties within the UK, extending to relevant EU regulations particularly concerning Northern Ireland. It begins by defining excise as a tax on the production of specific goods and services, contrasting it with other consumption taxes and outlining its various policy objectives […]
Understanding the Bill of Lading: A Comprehensive Guide
Table of Contents Aspect Bill of Lading Document of Sale Purpose Proof of shipment and contract for transport Proof of transaction and payment terms Parties Involved Shipper, carrier, consignee Buyer and seller Transferability Negotiable (in some cases) Non-negotiable Legal Standing Acts as a contract of carriage and title document Confirms the sale and payment agreement […]
What you need to know about REX(EU Customs -Registered Exporter System)
What You Need to Know About REX and the REX Process In the world of international trade, understanding the various schemes and certifications available can significantly streamline the customs process and reduce costs. One such important scheme is the Registered Exporter System (REX). Introduced by the European Union (EU), REX simplifies how exporters certify the […]