What a Bill of Entry actually contains — and why yours gets rejected
Most rejections come down to four fields that disagree with each other across your invoice, packing list and bill of lading.
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HS classification: the decision that sets your entire duty bill
Your supplier’s HS code is for their export tariff, not for assessment in Bangladesh. The difference can be twenty percentage points.
Read MoreDemurrage and detention: two different clocks, two different bills
Demurrage is the port charging you for space. Detention is the line charging you for the box. They start at different moments.
Read MoreWhen customs values your goods above your invoice
You have two options and only one of them is cheap. Clearing under protest is almost always the right first move.
Read MoreAir freight versus sea freight: the real cost comparison
Air freight costs more per kilogram and frequently less per consignment once you count capital, storage and stockouts.
Read MoreIncoterms 2020 for importers: who is actually responsible for what
FOB, CIF and DDP change who files, who insures, and who carries the risk at the moment things go wrong.
Read MoreBonded warehousing: deferring duty legitimately
A bonded warehouse defers duty until the goods leave it. For an importer with uneven demand, that is real working capital.
Read MoreThe document set your bank will accept — and the one it will not
An export that clears customs and fails at the LC presentation has not shipped. The two document sets are not the same…
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