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Export
Bosnia.com
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We are looking for
affiliates in Bosnia
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More Info |
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Trade Wizards - Regulatory Controls |
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The Regulatory Controls Wizard enables users to quickly and accurately identify
when licenses are required for cross-border transactions. The Wizard includes both
import and export controls, and highlights any regulatory controls that may apply
to the import or export of a specific commodity (ie. if a product is subject to
quotas, anti-dumping or countervailing duties, has specific license, visa or permit
requirements imposed on it by the country of export, or if the transaction involves
any restricted entities, embargoes, boycotts or proliferation agreements currently
in existence). |
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key features |
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Captures applicable import/export controls for all HS Code commodities |
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Export: determines specific licenses, certificates, inspections or permits required
to export dual-use or restricted products |
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Import: determines licenses, permits, certificates, absolute and tariff rate quotas,
anti-dumping and countervailing duties for specific products |
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Provides information on supporting trade documentation needed to qualify for import/export
licenses or other regulatory control documents |
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Displays useful information to facilitate the import/export process (eg. contact
information for the government authorities issuing the license) |
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benefits |
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Ensure compliance with all import
and export controls |
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Demonstrate "reasonable care"
to minimise potential customs fines, sanctions and penalties |
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Improve profitability by ensuring
import controls match target duty rate |
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Maintain a complete licensing
audit trail to mitigate corporate risk and comply with legal requirements |
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Automate the license determination
process and eliminate time- consuming manual tasks |
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Source: Management
Dynamics Inc. |
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