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Definitions (20)
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ad valorem
This is a Latin term meaning "according to the value". All duties and taxes are calculated on the basis of value, so you may see this used quite often.
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ata carnet
The ATA Carnet is an international Customs document. Issued under the terms of the ATA Convention and the Istanbul Convention, it incorporates an internationally valid guarantee. The carnet can be used in place of national Customs documents and as security for import duties and taxes. This covers the temporary admission of goods and the transit of [..]
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bonded goods
These are goods which are kept in a secure warehouse. For as long as they remain in the warehouse, no import tariff is due. In other words, they can remain there until the tariff has been paid or the goods have been exported or processed.
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broker's fee
This term often relates to the customs fee that is applied if third parties handle the processing of incoming or outgoing shipments.
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cargo manifest
The cargo manifest lists goods that are being shipped with a means of transport or in a transport unit. The cargo manifest contains the goods’ trade information, e.g.: Transport document numbers Sender and recipient Identifying codes and numbers Number and type of packages Description and quantity of goods It can be used instead of the freight decl [..]
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certificate of origin
A special document which confirms that the goods listed in the certificate originate from a particular country. The certificate can also contain a declaration from the manufacturer, producer, supplier, exporter or any other responsible person.
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cif
An abbreviation used in some international sales contracts, when the selling price includes all "Costs, Insurance and Freight" for the goods sold. This means that the seller arranges and pays for all relevant expenses involved in shipping goods - from their point of export to a given point of import. In trade statistics, "CIF value&q [..]
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cites
Convention on International Trade in Endangered Species
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consular invoice
A precise specification of the shipment goods that is confirmed by the consulate of the country. It is requested by some governments that want to have greater control over what is imported into their country.
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customs declaration
A declaration or procedure for passing on the required information in a form specified or accepted by the customs authorities.
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