Glossary

ACE

Economic Complementation Agreement. They are those agreements signed between countries and that are preferably aimed at eliminating restrictions that distort and negatively affect trade and investment between them.

SHOULDER STRAP

Free Trade Area of ​​the Americas. Agreement proposed in 1994 during the Meeting of Heads of State of the Hemisphere, held in Miami, has the goal of eliminating customs barriers between the countries of the Region.

Customs Accession

Incorporation of one State into the customs territory of another.

Trade agreements

Contracts between two or more countries, through which strictly commercial matters are regulated. They have the character of tariff treaties to provide advantages and security in the application of tariffs and customs regimes that affect the contracting parties.

New Generation Agreements

Trade agreements that in their clauses contain new areas such as services, investment, intellectual property, government purchases, technical standards, unfair trade practices, among others.

To value

Tariff based on a percentage of the value of the cargo.

Temporal Admission

Customs regime by which the entry into the customs territory of a country is allowed, with suspension of import duties and taxes, of merchandise imported for a defined purpose and intended to be re-exported, either in its original state or as a result of certain transformations or repairs within a pre-established period in the regulations that regulate this regime. A guarantee must be constituted in favor of the customs office that grants the regime.

Aduana

Administrative unit in charge of the application of the legislation related to the import and export of merchandise, such as the control of the traffic of the goods that enter or exit a customs territory, carrying out their valuation, classification and verification, and the application and control of a tariff regime and prohibitions.

Customs Transport Agent

Person of visible or ideal existence who, on behalf of the carriers, is in charge of the procedures related to the presentation of the means of transport and its loads before Customs.

Anti-dumping

Law that attempts to discourage or prevent dumping; normally the objective is to impose a duty equal to the difference between the sale price of the goods in the country of origin, and the sale price in the country of the importer.

Tariff

Tax or customs duty, which is charged on a merchandise when it is imported or exported.

Area to Customs

It is the part of the political territory limited by the customs line, in which, in order for goods coming from abroad to have access and also to clear the exit to those of the country, the precepts of the specific customs legislation are made effective and, when appropriate, , the rights or taxes of the tariff or rate, which is a natural consequence of that legislation.

Shipowner

Person under whose name and direct responsibility turns the expedition or the management of the operation of the ship.

tidy

Conditioning of the cargo of a ship so that it is not damaged or spoiled.

Customs Service Auxiliaries

Also auxiliaries of commerce; they are people of visible or ideal existence, known as foreign trade agents, to manage in the name and on behalf of a third party the registrations and the procedures of introduction and extraction of merchandise before the inspection body. We find here the Customs Broker and Customs Transport Agent.

CAF (Currency Adjustement Factor)

Currency Adjustment Factor. It influences the freight.

C.F.R. Cost And Freight. (English).

Incoterm. “Cost and freight” means that the seller makes the delivery when the goods pass the ship's rail at the port of shipment. The seller must pay the costs and freight necessary to bring the goods to the named port of destination, but the risk of loss or damage to the goods.

CIF. Cost, Insurance And Freight. (English).

Incoterm. “Cost, insurance and freight” means that the seller makes the delivery when the goods pass the ship's rail at the agreed port of shipment. The seller must pay the costs and freight necessary to bring the goods to the named port of destination, but the risk of loss or damage to the goods, as well as any additional costs due to events occurring after the time of delivery, pass to the seller. seller to buyer. However, under CIF conditions, the seller must also obtain maritime insurance for the buyer's risks due to loss or damage to the merchandise during transport.

Cabotage

Navigation or traffic made by ships between the ports of their nation without losing sight of the coast. The maritime and customs legislation of each country tend to alter its limits in the administrative concept, but usually without modifying its technical concept.

Charge

This is the name given to those goods that are transported by paying a price. Cargo can also be called the merchandise that a ship, an airplane or another type of transport vehicle has in its hold or warehouse at a given time.

unit load

Unitization of a load can be understood as the gathering or grouping of a certain number of articles or packages in a single set with the purpose of facilitating its handling, stowage, storage, transport or subsequent use of its content.

Charger

This is understood as the natural or legal person who delivers one or more cargo to a carrier. It is the user of the transport service.

Letter of credit

Means of payment by which the Issuing Bank undertakes, at the request of the importer, to pay the exporter a previously established sum of money, in exchange for the latter delivering the shipping documents within a given period of time.

Guarantee letter

Document, issued by an air navigation company, which constitutes proof of a cargo transport contract, being, at the same time, proof of receipt of the goods to be transported, indicating the corresponding amount for freight.

Consular Certificate

Document of authenticity, issued by the consular authorities of a country, on contracts, prices and other points of interest for customs clearance.

Phytosanitary certificate

Document normally required for exports of agricultural and forestry products, which certifies that the products have been examined and that they comply with the phytosanitary provisions in force in the country of the exporter

Analysis certificate

Document that certifies that the nature, composition, degree, etc. of the merchandise corresponds to the contracted quality

Certificate of deposit

It is required in cases where the existence of a prior deposit requires it to have been made before dispatching the merchandise.

Certificate of inspection

Certificate indicating that the goods have been examined and found to be in accordance with that mentioned in a contract or a proforma. It is carried out by specialized companies. SGS, Bureau Veritas, Lloyd's, etc. Usually 10% is inspected

Weight Certificate

It is a document that states the weight of the merchandise (net and gross) package by package.

Sanity certificate

Document that certifies that the merchandise has been examined and is in perfect condition for human consumption

Certificate of origin

It is an official format through which the exporter of a good or an authority certifies that the good originates from the country or region for having complied with the established rules of origin. This document is required in the country of destination in order to determine the origin of the goods.

Most Favored Nation Clause

Clause inserted in trade agreements or treaties, which stipulates that all benefits, advantages or franchises of any kind (in terms of tariffs, transport, fees, etc.) granted in the future to any third country by one of the contracting parties, will be automatically extended to the other contracting parties.

red clause

It allows the exporter to dispose of all or part of the credit amount before submitting the required documents and even before shipping the merchandise. It is financing from the importer to the exporter.

Save Guard Clauses

Their purpose is to enable countries to temporarily adopt measures of a diverse nature aimed at countering undesirable consequences for their economy.

Stowage Coefficient

Ce = V / P; Being V= Volume (m3) and P = Weight (Tn3).

Collect (English)

Postage due, payable on arrival.

Offsetting trade:

Also called barter or exchange, where the buyer agrees to acquire the merchandise only on the condition that the seller uses part of the profits to buy products or raw materials from the buyer's country that would not otherwise be marketable.

Commodities (English)

Term widely used in international traffic, for which it means bulk material or, rather, raw material, whose concept also includes semi-finished products, the basis of some more complex industrial process.

Bill of Lading Clean on Board:

It refers to the state of the merchandise on board the ship. Clean on board means that the cargo appears to have no packing deficiency, lack of numbers or other markings.

Bill of Lading to the Order: (To The Order)

When a BL is made to order, the owner of the merchandise (the holder of the BL) can make it: nominative (by endorsement), place it at the order of another firm, or leave it with the endorsement signed blank. They are the most used.

Nominal bill of lading:

They are issued in the name of a specific person, who may take charge of the merchandise after identification and presentation of one of the original BL. They do not accept endorsement.

Bill of lading:

It is a typical instrument of maritime cargo transport whose primary function is to constitute proof of the charter contract, as a receipt of the loaded merchandise and, at the same time, the representative title of it with all the characteristics of a negotiable document. It can be issued to the order of a certain person or company or be bearer. May be negotiable or non-negotiable

Consignee:

Person designated by the issuer of the Product to take charge of it and deliver it to the importer; the consignee and the importer may be the same natural or ideal person, if so determined by the sender of the same.

Consolidation:

Combination of several small loads in a single shipment to apply the port fees corresponding to full cargo containers.

Container:

Large, recoverable metal packaging of internationally agreed types and dimensions.

Cpt. Cariage Paid To. (English)

Incoterm. “Carriage paid to” means that the seller delivers the goods when he makes them available to the carrier designated by him; but, in addition, that he must pay the transportation costs necessary to take the merchandise to the agreed destination. This means that the buyer bears all risks and any other costs incurred after the goods have been so delivered.

Standby Credit: (English)

A stand-by credit is used as a substitute for a guarantee. It is a guarantee of documentary execution subject to the URU's. They can be used in any type of transaction and are based on the concept of breach of contract by the originator of the Stand-by credit.

Export credit:

Credit destined to the financing of exports. The most frequent modalities are: pre-financing, post-financing and financing of investments for export.

Irrevocable documentary credit:

The credit cannot be modified or canceled without the agreement of the issuing Bank, confirming Bank (if any) and the beneficiary. It is a firm commitment by the issuing Bank in favor of the exporter. In the absence of a clear indication in the credit, it will be considered as irrevocable. The Irrevocable Documentary Credit can be confirmed or not confirmed.

Revocable documentary credit:

They can be canceled or modified by the issuing Bank at any time and without having to notify the beneficiary. However, the issuing Bank is bound by all payments, commitments, acceptances or negotiations made prior to receipt of the notification of modification or cancellation. Its use is absolutely discouraged, since it is not a firm payment commitment. In practice they are never used, with few exceptions.

Transferable documentary credit:

A Transferable Documentary Credit is issued in favor of a beneficiary who is not the producer of the merchandise but rather an intermediary, who has established a sales contract with a buyer, but depends on a third party (the exporter), to supply the merchandise to its buyer. client. Especially indicated for Trading Companies. The beneficiary can give instructions to the paying, accepting or negotiating Bank so that the credit can be used, partially or totally, by one or more beneficiaries from their country or from another country. If you want a Documentary Credit to be Transferable, you must specify it in the credit conditions, indicating the transferable mention.

Documentary credit:

It is an agreement by virtue of which a Bank (Issuing Bank), acting at the request of a client (ordering party) and in accordance with its instructions, undertakes to make a payment to a third party (beneficiary) or authorizes another Bank to make said payment. payment, against presentation of the required documents within the specified time limit, as long as the terms and conditions of the credit have been met.

Chamber of Commerce

Association or institution that, at a local, provincial, national or international level, brings together merchants (whether they are importers, exporters, industrialists, wholesalers, retailers, etc.) in order to protect their interests, improve their commercial activities on the basis of mutual cooperation and promote its prosperity, as well as that of the community in which it is based.

DDP. Delivered Duty Paid.(English)

Incoterm. “Delivered duty paid” means that the seller delivers the merchandise to the buyer, cleared for import and not unloaded from the means of transport, upon arrival at the named place of destination. The seller has the same obligations as under DDU, but also pays the import duties on the merchandise. It supposes the greater obligation and risks for the seller within the Incoterms.

DDU. Delivered Duty Unpaid: (ingles)

Incoterm. “Delivered duty unpaid” means that the seller delivers the merchandise to the buyer, not cleared for import and not unloaded from the means of transport, upon arrival at the named place of destination. The seller must bear all the costs and risks incurred in bringing the merchandise to that place.

ABOUT WHAT. Delivered Ex Quay. (English).

Incoterm. “Delivered at dock” means that the seller makes the delivery when the merchandise is placed at the disposal of the buyer, without customs clearance for importation, at the dock (unloading point) of the named port of destination.

OFF Delivered Ex Ship.:(English)

Incoterm. "Delivered on ship" means that the seller makes the delivery when the merchandise is placed at the disposal of the buyer on board the ship, not cleared for importation, at the named port of destination.

Daf. Delivered at Frontier: (ingles)

Incoterm. "Delivered at the border" means that the seller makes the delivery when the merchandise is placed at the disposal of the buyer on the means of transport used and not unloaded, at the point and place of the agreed border, but before the border customs of the adjoining country. , the merchandise must be cleared for export but not for import.

Customs declaration:

This is the name given to the printed form, duly completed by the importer/exporter whose main objective is: to allow the settlement and collection of duties, taxes or other charges that must be paid for the merchandise, and to control the import/export of merchandise. subject to limitations and/or protections (flora, fauna) and/or prohibitions and/or exemptions (rights).

Customs warehouse:

They are enclosures, under the control of Customs in which the goods do not pay import duties. They are mainly used when an importer does not know what the final destination of the import will be. The same operations are allowed as in the Free Zones.

Customs duties:

Taxes levied on merchandise entering a country. They are established in the customs tariff and/or in the current legislation.

Customs Destination:

Manifestation of the will of the owner, consignee or sender of the merchandise that, expressed through the Declaration, indicates the customs regime that must be given to the merchandise that is under customs authority.

Badge:

Means of international payment represented by a foreign currency emerging from the credits that one country has against another for the supply of merchandise, capital or services, or by the authorizations that it has conferred to make payments by temporarily drawing overdrafts.

Drawback:

Restitution or refund, total or partial, of import duties or other internal taxes on imported raw materials or merchandise, when they are re-exported, either with a higher degree of elaboration or forming part, to a greater or lesser extent, of other articles that are exported.

Dumping:

Sale of products from one country to another at prices below established export prices or below production costs in the country of origin.

EXW. EX WORKS: (English)

Incoterm. Ex works means that the seller delivers the goods when they are made available to the buyer at the seller's premises or at another named place (i.e. workshop, factory, warehouse, etc.), without being cleared for export or loaded in a receiving vehicle.

Packaging:

Protection of merchandise during all transport and handling operations involved in the export process, so that they reach the final customer, abroad, in the best conditions.

Boarding:

Load on a vehicle or ship.

Enclaves:

Territories that are not part of the political area of ​​a country, and that for convenience of administration are incorporated into the customs system of the latter. Enclaves may therefore be exclusions or exclaves from other countries or independent political areas.

Container:

Internal or external container with which the merchandise is normally presented, provided that it is common or usual in international trade.

Seasonality:

Period of time associated with certain productive activities, which is repeated cyclically every year.

Exclaves:

They are those parts of the political area of ​​a country administered, by convention, as part of the customs system of another State.

Export:

From a commercial point of view, this is understood as the departure of merchandise from a customs territory, either temporarily or permanently.

FAS. Free Alongside Ship: (ingles)

Incoterm. "Free alongside ship" means that the seller delivers when the goods are placed alongside the ship at the named port of shipment.

FCA. FREE CARRIER-NAMED PLACE: (ingles)

Incoterm. "Free carrier" means that the seller delivers the goods, cleared for export, to the carrier named by the buyer at the named place.

fob. FREE ON BOARD: (English).

Incoterm. "Free on board" means that the seller delivers when the goods pass the ship's rail at the named port of shipment. This means that the buyer must bear all costs and risks of loss or damage to the goods from that point. The FOB term requires the seller to clear the merchandise through customs for export.

FORFAITING:

Purchase of accepted bills of exchange, documentary credits or other promises of payment, the acquirer of these items waiving any right or demand against the exporter and the previous owners.

FORWARDER: (English)

Consignor, sender, freight forwarder.

Factoring:

Assignment that the exporting company makes to a financial intermediary on the right to collect the credits granted, at a pre-established interest, which may or may not assume the risk of the operation.

Proforma invoice:

It is a prefecture delivered by the exporter to the importer, with the aim of letting the importer know exactly the price he will pay for the goods and the payment method. When the importer sends it signed to the exporter, he accepts it.

Shipment Date:

It is the one stipulated in the export declaration. It is also recorded in the Bill of Lading, Air Waybill or Bill of Lading issued by the respective transport company. From this date the deadlines are established within the export process.

Franchise:

Total or partial exemption from the payment of taxes, provided by law.

Overwhelming force:

Clause that limits the responsibilities of suppliers and carriers under certain circumstances.

GATT. General Agreement on Tariffs and Trade:

This intergovernmental body, which has been succeeded by the World Trade Organization (WTO) and which organized the negotiations for the liberalization of world trade, ensured the multilateral trade system and, in particular, the principle of non-discrimination, which governs relations of the Contracting Parties, a principle commonly called the "most favored nation clause" (MFN).

THERE IT IS:

International Air Transport Association.

Import:

It refers to the entry of goods of foreign origin in a customs territory.

Inco terms:

They are international rules for the interpretation of the commercial terms established by the International Chamber of Commerce. Its objective is to establish defined criteria on the distribution of expenses and transmission of risks, between exporter and importer. There are 13 terms: EXW, FAS, FOB, CFR, CIF, DES, DEQ, DAF, DDP, DDU, FCA, CPT, CIP. The Incoterms regulate: the delivery of goods, the transfer of risks, the distribution of costs, the processing of documents. But they do not regulate: the form of payment or the applicable legislation. Its use is not mandatory.

Joint Venture: (English)

Temporary association of companies to develop a project; joint venture with shared risk.

Customs Jurisdiction:

Portion of the customs territory within which the goods are subject to customs surveillance and regulation. It includes not only the ports or other places where customs are located, but also the coastal or land surveillance radius to which jurisdiction extends. The customs area or territory is generally confused with the political territory, with the customs jurisdiction being the specific place or area where customs formalities of another type are fulfilled.

Bill of exchange:

Document or security through which a natural or legal person (drawer) orders another (drawer) to pay an amount in favor of a third party, at maturity.

Export license:

Document that grants permission to export specified goods within a specified period.

Import license:

It is the official authorization that allows the entry of goods into the country of the importer. If the goods are not subject to customs restrictions, they are automatically shipped.

Credit lines:

It refers to the credits that banks make available to the user for certain purposes.

Integrated Logistics:

Control of the flow of products from the inputs to the final product that reaches the consumer, including the associated information and financial flows.

Manifest:

Detailed list of the entire cargo of a transport, which must be presented by the carrier to the competent authorities that require it. This document contains details of the brand, number, type of merchandise, kilos, shippers, consignee or any other information that may be required by the customs or consular authority in the countries of export and/or import.

Maquila:

International companies, generally border companies, that operate by subcontracting by companies from another country where the final products are re-imported without the payment of customs duties.

Brand:

Broad denomination that can refer to a name, a term, a symbol and/or a special design that is intended to identify the goods or services of a seller or group of sellers. A brand differentiates a product from its competitors. A Registered Trademark is one that has received legal protection because, in accordance with the law, it has become the property of the person who registers it.

Raw material:

Untransformed matter, used for the production of a good. Production processes alter its original structure.

International payment method:

It is used in international trade as a result of foreign operations. The means of payment are irreplaceable in the international market.

Mercosur:

Common market of South America. Regional grouping formed by Argentina; Brazil, Paraguay and Uruguay. On March 26, 1991, in the city of Asunción, Paraguay, the “Treaty of Asunción” is signed for the Constitution of a Common Market between these countries. Bolivia and Chile are partner countries of MERCOSUR.

Commercial sample:

Article representative of a specific category of merchandise already produced, or that is a model of merchandise whose manufacture is contemplated.

NAFTA:

(North American Free Trade Agreement) Commercial agreement that covers Canada, Mexico and the United States, implemented on January 1, 1994, with a transition period of 15 years. Major agricultural provisions include: removal of non-tariff barriers – immediately upon implementation, generally through conversion of non-tariff barriers; elimination of tariffs (tariffs), some immediately, most within 10 years and some other sensitive products gradually over 15 years; provisions for special safeguards; and rules of origin to ensure that Mexico does not serve as a platform for exports from third countries to the United States.

Mood:

Nomenclature of the Latin American Integration Association (ALADI), based on the Harmonized Commodity Description and Coding System.

Tariff nomenclature:

List or list of goods, objects of international trade, systematically ordered based on certain principles, their nature, origin, destination, etc. If in front of each one of the goods of a nomenclature we include the import duties, this becomes a tariff.

WTO:

World Trade Organization.

Boarding order:

Document signed by the Customs Agent, which constitutes a request to the National Customs Service for it to authorize the shipment of merchandise.

Pay order:

Payment instrument by which the international buyer transfers to the seller, through a bank, the necessary funds to pay for the export.

International Organization for Standardization. In English International Organization for Standardization – ISO:

International organization specialized in standardization, which brings together a very important group of national standardization centers from different countries. The purpose of ISO, according to its Constitution, is to promote the development of standardization in the world with a view to facilitating the exchange of goods and the provision of services between nations, and to develop cooperation in the intellectual, scientific, technical and economic. This organization was established in 1946, its headquarters are in Geneva, Switzerland.

Outsiders: (in English)

Vessels that do not belong to a Maritime Conference.

Packing List: (English)

It is a list that specifies the content of each package of an export operation.

Packing credit:

Documentary credit in which the issuing bank authorizes the correspondent bank to make, on its own behalf, order and risk, an advance payment on account of the definitive negotiation of the credit, subject to certain conditions.

Pallet:

Platform consisting of two floors joined by stringers. Measurements: Universal= 1200 x 1000 mm. Euro pallet=1200 x 800 mm. Maximum height= approx. 1,70m.

Country of origin:

By such it is understood, if it is natural products, where they are produced, and if manufactured, the place where the transformation has been carried out to give them the condition with which they are introduced in the importing country.

Country of origin:

The country from which the merchandise arrives directly is understood, regardless of whether it was produced or manufactured in it.

Tariff position:

It allows incorporating the tariff position of the product or service. It uses the international 6-digit system. The 6-digit international code in different countries is added between 4 and 6 additional for a better specification of the product or service.

Reference prices:

Setting by the government authority of a price to a product in order to apply a tariff.

Free port:

Concession made by a State to dispose of a port in another country as if it were its own, that is, to embark or disembark merchandise and transport it, without interference or customs duties.

Insurance policy:

>Document containing the conditions stipulated between the insurer and the insured with respect to the insurance contract. The applicable premiums are calculated based on the term of the contracts, the insured value and the risks inherent to the cargo and the risks incurred during its handling and transportation.

Re-export:

When a merchandise from abroad is dispatched to a country, to later re-ship it to any destination. It is said that this merchandise has been "re-exported", because it has suffered two exports: From its country of origin to the territory of this or that country and from there to a third party later.

Reimport:

With respect to merchandise that was exported, when it returns, for any reason, to the country from which it originated, or with respect to foreign merchandise introduced into the country, if it is exported to be imported again for any reason later.

Refund:

It is the regime by which the amounts that would have been paid as internal taxes for the merchandise or service that is definitively exported are fully or partially refunded.

Customs restrictions or prohibitions:

Customs exemptions are often opposed by numerous import and export trade restriction procedures; These prohibitions can be general, limited, permanent or temporary, and are explained by various purposes: fiscal, industrial or commercial protection, protection of public health, defense of intellectual or artistic property, etc.

retaliation:

There is retaliation when a State applies to another State the same restriction or prohibition that the latter, in use of a right, has applied to the detriment of the former's interests.

Uruguay Round:

The last of the great negotiations held under the auspices of the GATT in order to liberalize world trade in goods and services. It began in Punta del Este (Uruguay) in 1986 and was completed in Marrakesh in 1995. It was much more ambitious than its predecessors (Ronde Dillon, Ronda Kennedy, Ronda Tokio), since it far exceeded the traditional and primary objective of dismantling tariffs. and sought, on the other hand, a greater integration of developing countries in the multilateral trading system. It gave birth to the WTO.

Customs regime:

Treatment applicable to all merchandise subject to customs control, with respect to customs laws and regulations and in accordance with its nature and the objective of each operation.

Temporary exit. Temporary export:

Suspensive system of rights, under which certain goods, national or nationalized, can temporarily leave the country without incurring the obligations that their export would cause, provided that they are perfectly individualizable and identifiable, and that the interested parties undertake to return them within the regulatory deadlines.

safeguards

Exceptional protection measures used by a country to temporarily protect certain national industries that are damaged or that face a threat of serious damage, due to a significant increase in goods flowing into the domestic market under conditions of fair competition.

Harmonized System:

Harmonized system of description and classification of goods. New universal nomenclature of goods adopted by the Customs Cooperation Council and applied by most countries in the world.

Price band system:

It is a mechanism for stabilizing domestic prices through the setting of a "floor" reference price and a "ceiling" reference price, between which it is desired to maintain the import cost of a given product. Stabilization is achieved by increasing the ad-valorem (general) tariff when the international price falls below the floor level, and lowering said tariff, to zero, when said price rises above the ceiling.

Demurrage:

Money paid by the exporter for delays in loading, unloading or taking up space in a port or warehouse beyond a specified period.

TRAMP: (English)

A ship that docks at any port where it expects to pick up cargo (the opposite of a regular line ship).

Rate

Right received by the State as a sovereign person, for special or individualized services or benefits, of a legal-administrative nature, organized for collective purposes and paid by the user at their request. (Statistics Fee, Verification Fee, Storage Fee, Extraordinary Services Fee, etc.).

Exchange rate:

The price of one currency relative to another.

Transhipment

Transfer of cargo from one vehicle to another, whether or not it belongs to the same mode of transport (railway, highway, waterway, pipeline, etc.). Transshipments made under the transport contract regime or outside of that regime are distinguished.

International multimodal transport:

Carriage of merchandise by two or more different modes of transport (truck, rail car, ship, air), under a multimodal, multimodal or combined transport contract, from a place located in a country where the multimodal transport operator takes the merchandise, under its responsibility and custody, to deliver it later in another place located in a different country. The essential characteristics of this system that distinguish it from traditional segmented transport are, firstly, that it is a system based on a "single contract" and, secondly, that the multimodal transport operator that assumes responsibility for compliance of the contract, current as "principal", and not as agent of the user or issuer, or of the carriers that integrate the different modes of transport. This principle is based on the "door-to-door" merchandise transport service, notably reducing documentation and compliance with other formalities such as practices in traditional transport.

URU

Uses and Uniform Rules of the International Chamber of Commerce.

Customs union:

It is a form of economic integration in which two or more customs territories are transformed into one, within which tariffs or other trade restrictions are eliminated; In general, identical tariffs and regulations apply to trade with third countries.

European Union:

Constituted by the Treaty of the European Union (TEU), it entered into force on 01.11.93. 15 countries are part of the Union: Germany, Austria, Belgium, Denmark, Spain, Finland, France, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, the United Kingdom and Sweden.

Customs Value:

To calculate the Customs duties that must be applied, Customs defines the concept of Customs Value, which is that of the merchandise plus all expenses (insurance, transport, etc.) that have occurred up to the moment of passing customs. On this customs value, the type of duty to which the merchandise is subject will be applied. The tariff to be applied depends on the merchandise and the country of origin. The corresponding VAT is applied to the result of applying the tariff to the customs value. This value is the Value of the Merchandise.

WAREHOUSE TO WAREHOUSE CLAUSE: (English)

Insurance clause provided for in the Institute Cargo Clauses, by which insurers cover the merchandise from the moment it leaves the warehouse at the place indicated in the policy for the beginning of the transport to the destination warehouse. Warehouse to warehouse.

Warranty:

Word of English origin whose meaning is "guarantee". In commercial matters, "warrant" is understood as a certificate of deposit issued by the administrators of the warehouse or deposit, whether fiscal or private, in which the articles or merchandise of any kind that are deposited in them are detailed, and can be transmitted and with him the property of the effects, from one merchant to another, in accordance with the precautions established by each legislation on the subject.

Free Zone:

Non-customs areas of the national territory, previously qualified, subject to a special regime, where companies, national or foreign, that are dedicated to the production or commercialization of goods for export, directly or indirectly, as well as the provision of services linked to international trade and activities related or complementary to them.

Free trade Area:

Form of economic integration that eliminates all tariff barriers to trade in goods between member countries.

Primary customs area:

Part of the customs territory that includes the customs precincts, aquatic or terrestrial spaces destined or authorized for the operations of disembarkation, shipment, mobilization or deposit of the merchandise; the offices, premises or dependencies destined to the direct service of a customs, airports, properties or enabled roads and any other place where customs operations are normally carried out.

Secondary customs zone:

It is that part of the customs territory that corresponds to each customs in the distribution that they make the National Customs Superintendent for purposes of competition, intervention and obligations of each one.

About us

Customer Service

Services

Locations

Tools

News

Language

Social Media

North Atlantic© 2022 - Designed and Developed in Guatemala by eDesigns.com