The Chinese government has introduced a new VAT of 6% applicable on all freight charges paid in China even if the goods are exported. This will have an impact on all quotations that were previous to the 1st of August.
From 1 January 2013 all customs declarations should be completed electronically. Therefore, the document (11 030) will no longer be used. At ATM we can recover your documents via the E-December or NCTS.
The airline born out of the cooperation between Shenzhen Airlines and Lufthansa will no longer be operational. Based in Shenzhen, it will no longer spread it’s wings and is being wound up! According to their statements, this should not have any effect on the two airlines 'mothers'.
Credit Suisse and OSEC have published a study covering the prospects of PMEs on the next six months. It is interesting to see that the familiar partner countries remain important to Switzerland. We can classify the export destinations to which Swiss PMEs export like this: * 85% will export to Europe * 51% will export [...]
New Incoterms will be emerging in January 2011! After thinking about naming these Incoterms 3000 it seems that we are moving towards a more sober name of "Incoterms 2010". The main changes are as follows: - Removed Incoterms: DAF, DES, DEQ and DDU - Creation of two new Incoterms: Delivered at Terminal (DAT) and Delivered [...]