By leveraging this feature, businesses can reduce risks, optimize costs, and navigate global trade with confidence.
1. Regulatory Requirements
Displayed Information
- The Regulatory Requirements section provides a breakdown of legal and compliance obligations, including:
- Import requirements: Certifications, restrictions on substances, and other regulatory controls.
- Export requirements: Testing, inspection, and certification obligations.
- Rules applied to all goods, as well as product-specific requirements.
Importance
- Ensures businesses comply with all regulations to avoid penalties or shipment delays.
- Helps users understand the documents and processes needed for both import and export.
2. Tariff Rates and Trade Benefits
Displayed Information
- The Customs Tariffs section outlines:
- Tariff rates applied to the product, including standard rates and preferential tariffs under trade agreements.
- Trade agreements applicable to the importing/exporting countries.
- Remedies and measures such as anti-dumping duties or other adjustments.
Importance
- Helps businesses optimize costs by leveraging trade agreements and preferential tariff rates.
- Provides clarity on any additional duties or charges that may impact pricing.
3. Import and Export Requirements
Displayed Information
- Import Requirements: Includes product-specific and general requirements such as testing, inspection, and certifications.
- Export Requirements: Details restrictions, technical measures, and charges applicable to exports.
- Each requirement includes:
- Legislation title.
- Implementation authority.
- Summary of the rule.
- Validity and affected regions.
Importance
- Simplifies compliance by presenting all relevant regulations in one place.
- Allows businesses to identify and prepare the necessary documentation for seamless trade.
4. Trade Remedies and Notifications
Displayed Information
- Provides details on any trade remedies, such as:
- Anti-dumping duties.
- Safeguard measures.
- Subsidy measures.
- Users can download related documents for further review.
Importance
- Informs users of potential roadblocks or additional costs that may arise during trade.
- Helps mitigate risks by understanding and planning for trade remedies.
6. Filters and Search Customization
Options
- Users can refine their search using filters to focus on:
- Specific HS code levels (e.g., full code or broader categories).
- Country-specific regulations and agreements.
Importance
- Makes it easier to locate relevant information for specific trade routes and products.
- Saves time by narrowing down search results to the most applicable data.