This document discusses key concepts in forwarding operations management. It covers: 1) different customs clearance instructions including import, export, and transportation of goods; 2) the importance of delivery instructions for export shipments; 3) why identifying the proper HS code is important for determining import duties and taxes; 4) the purpose of customs declaration forms in allowing authorities to control imported and exported goods; 5) the examination process of suspicious containers to verify the goods match the declaration. Key monthly reports to management include assessing past performance and obtaining a correct company valuation based on historical trends.
This document discusses key concepts in forwarding operations management. It covers: 1) different customs clearance instructions including import, export, and transportation of goods; 2) the importance of delivery instructions for export shipments; 3) why identifying the proper HS code is important for determining import duties and taxes; 4) the purpose of customs declaration forms in allowing authorities to control imported and exported goods; 5) the examination process of suspicious containers to verify the goods match the declaration. Key monthly reports to management include assessing past performance and obtaining a correct company valuation based on historical trends.
This document discusses key concepts in forwarding operations management. It covers: 1) different customs clearance instructions including import, export, and transportation of goods; 2) the importance of delivery instructions for export shipments; 3) why identifying the proper HS code is important for determining import duties and taxes; 4) the purpose of customs declaration forms in allowing authorities to control imported and exported goods; 5) the examination process of suspicious containers to verify the goods match the declaration. Key monthly reports to management include assessing past performance and obtaining a correct company valuation based on historical trends.
K1- Use for the importation of goods into the country.
K2- Use for export of goods from the country
K3- Transportation of Goods between Peninsular Malaysia, Sabah &
Sarawak and transportation within the same territory
K4- Inward Manifest
K5- Outward Manifest
K6- Transshipment
2. DELIVERY INSTRUCTION
Delivery instructions. Directions to an inland carrier by a shipper about
the delivery of a shipment to a particular carrier or pier for export. Not to be confused with delivery order document which pertains to the release of a shipment to a specified party.
3. WHY IDENTIFICATION OF HS CODE IS IMPORTANT FOR THE
GOODS IMPORTED
Its main function is to help customs authorities identify products and
assess the right duties and taxes on them. In the Harmonised System, each product is assigned a unique numerical code called the HS code.
4. WHAT IS THE REASON FOR CUSTOM DECLARATION FORM
The customs declaration is mostly submitted by travellers upon arrival
or departure, at the border of individual country. Through customs declaration, the customs authorities control what types of goods or items are imported or being exported. 5. EXAMINATION ON CONTAINER
Examination on container is a process that had been done by customs
to the suspicious container and get to identify the goods are match with the declaration form.
6. CONFIRMATION ON DUTY FROM CUSTOMER IS VERY
IMPORTANT PRIOR TO SUBMIT ONLINE. WHY ?
Because by asking the confirmation from the customer help the
forwarding agent to declare the cargo and the duty for the good to let customs to identify
7. IMPORTANT MONTHLY REPORT TO MANAGEMENT
Assess past performance to understand the reasons behind any
volatility and estimate the future earning potential of your company.
Obtain a correct valuation of your company by leveraging historical