Glossary

Save
Close
en, lt, ru
Incoterms® rules
24-04-2020

The rules are used to conclude contracts for the purchase of goods worldwide. They define the seller's and buyer's obligations regarding the risk of loss of or damage to the goods, costs and arrangement of transport and customs clearance.

law international
en, lt, ru
Incoterms® rules
24-04-2020

The rules are used to conclude contracts for the purchase of goods worldwide. They define the seller's and buyer's obligations regarding the risk of loss of or damage to the goods, costs and arrangement of transport and customs clearance.

law international
en, lt, ru
Customs value
19-04-2020

“Customs value“ of imported goods on the international scale means the value as determined in accordance with the Agreement on Implementation of Article VII of the General Agreement on Tariffs and Trade 1994 (WTO Agreement on Customs Valuation).

value of goods
en, lt, ru
Customs value
19-04-2020

“Customs value“ of imported goods on the international scale means the value as determined in accordance with the Agreement on Implementation of Article VII of the General Agreement on Tariffs and Trade 1994 (WTO Agreement on Customs Valuation).

value of goods
en, lt
Determination of preferential origin
03-04-2020

Determination of preferential origin means a determination as to whether a product qualifies as an originating product in accordance with the Protocol on Rules of Origin to a Free Trade Agreement or the provisions of the Generalised System of Preferences (GSP).

origin of goods
en, lt
Determination of preferential origin
03-04-2020

Determination of preferential origin means a determination as to whether a product qualifies as an originating product in accordance with the Protocol on Rules of Origin to a Free Trade Agreement or the provisions of the Generalised System of Preferences (GSP).

origin of goods
en, lt
General Interpretative Rules (GIR)
19-03-2020

These are the 6 rules that are applied when setting up a 6-character commodity code. The rules are laid down in the global Harmonized System and transposed into the EU Combined Nomenclature.

classification
en, lt
General Interpretative Rules (GIR)
19-03-2020

These are the 6 rules that are applied when setting up a 6-character commodity code. The rules are laid down in the global Harmonized System and transposed into the EU Combined Nomenclature.

classification
en, lt
Customs procedure 42
10-03-2020

Customs procedure 42 is a mechanism an EU importer uses in order to obtain a VAT exemption. It is applied when goods imported from outside the EU into a Member State will be transported to another Member State. In such cases, the VAT is due in the latter - the Member State of destination.

customs clearance
en, lt
Customs procedure 42
10-03-2020

Customs procedure 42 is a mechanism an EU importer uses in order to obtain a VAT exemption. It is applied when goods imported from outside the EU into a Member State will be transported to another Member State. In such cases, the VAT is due in the latter - the Member State of destination.

customs clearance
en, lt
E-customs in the EU
09-03-2020

European Commission adopted the Work Programme (Commission Implementing Decision (EU) 2019/2151 of 13 December 2019), which sets out the plan to replace all paper-based customs procedures with electronic procedures by the middle of 2025, in order to create a more efficient and modern customs environment.

e-customs
en, lt
E-customs in the EU
09-03-2020

European Commission adopted the Work Programme (Commission Implementing Decision (EU) 2019/2151 of 13 December 2019), which sets out the plan to replace all paper-based customs procedures with electronic procedures by the middle of 2025, in order to create a more efficient and modern customs environment.

e-customs
de, en, lt
Union goods
31-01-2020

All goods in the customs territory of the Union shall be presumed to have the customs status of Union goods, unless it is established that they are not Union goods. Union goods are not subject to customs supervision.

customs clearance
de, en, lt
Union goods
31-01-2020

All goods in the customs territory of the Union shall be presumed to have the customs status of Union goods, unless it is established that they are not Union goods. Union goods are not subject to customs supervision.

customs clearance
de, en, lt
Customs supervision
29-01-2020

Goods brought into the customs territory of the Union shall, from the time of their entry, be subject to customs supervision and may be subject to customs controls. They shall remain under such supervision for as long as is necessary to determine their customs status and shall not be removed therefrom without the permission of the customs authorities.

customs control
de, en, lt
Customs supervision
29-01-2020

Goods brought into the customs territory of the Union shall, from the time of their entry, be subject to customs supervision and may be subject to customs controls. They shall remain under such supervision for as long as is necessary to determine their customs status and shall not be removed therefrom without the permission of the customs authorities.

customs control
en
Temporary admission
10-01-2020

The customs procedure under which certain goods can be brought into a customs territory relieved from payment of import duties and without application of economic prohibitions or restrictions.

customs clearance
en
Temporary admission
10-01-2020

The customs procedure under which certain goods can be brought into a customs territory relieved from payment of import duties and without application of economic prohibitions or restrictions.

customs clearance
en, lt, ru
Harmonized System (HS)
07-01-2020

The Harmonized Commodity Description and Coding System generally referred to as "Harmonized System" or simply "HS" is a multipurpose international product nomenclature. It is set out in the Annex to the International Convention on the Harmonized Commodity Description and Coding System.

classification, law international
en, lt, ru
Harmonized System (HS)
07-01-2020

The Harmonized Commodity Description and Coding System generally referred to as "Harmonized System" or simply "HS" is a multipurpose international product nomenclature. It is set out in the Annex to the International Convention on the Harmonized Commodity Description and Coding System.

classification, law international
de, en, lt
Release of goods
15-11-2019

The act whereby the customs authorities make goods available for the purposes specified for the customs procedure under which they are placed.

customs clearance
de, en, lt
Release of goods
15-11-2019

The act whereby the customs authorities make goods available for the purposes specified for the customs procedure under which they are placed.

customs clearance
en, lt
Revised Kyoto Convention
25-10-2019

The international Convention on the simplification and harmonization of Customs procedures adopted by the World Customs Organisation.

law international
en, lt
Revised Kyoto Convention
25-10-2019

The international Convention on the simplification and harmonization of Customs procedures adopted by the World Customs Organisation.

law international
en, lt
Prohibitions and restrictions with regard to the provision of resources
23-10-2019

Bans on the provision of resources to certain countries, individuals or organisations can result in bans on import, export and transit of goods from certain suppliers or to certain consignees.

restrictions and prohibitions
en, lt
Prohibitions and restrictions with regard to the provision of resources
23-10-2019

Bans on the provision of resources to certain countries, individuals or organisations can result in bans on import, export and transit of goods from certain suppliers or to certain consignees.

restrictions and prohibitions
en, lt, ru
Transaction value method
22-10-2019

The customs value primarily bases on the transaction value of imported goods, which is the price actually paid or payable for the goods when sold for export to the country of importation, plus, certain adjustments of costs and charges.

value of goods
en, lt, ru
Transaction value method
22-10-2019

The customs value primarily bases on the transaction value of imported goods, which is the price actually paid or payable for the goods when sold for export to the country of importation, plus, certain adjustments of costs and charges.

value of goods
en, lt, ru
Rules of Origin
22-10-2019

The specific provisions, developed from principles established by national legislation or international agreements ("origin criteria"), applied by a country to determine the origin of goods.

origin of goods
en, lt, ru
Rules of Origin
22-10-2019

The specific provisions, developed from principles established by national legislation or international agreements ("origin criteria"), applied by a country to determine the origin of goods.

origin of goods
en, lt
Exporter of dual-use goods
15-08-2019

The person who has the power for determining the sending of an item, including software or technology made available by electronic media, out of the customs territory of the Community.

restrictions and prohibitions
en, lt
Exporter of dual-use goods
15-08-2019

The person who has the power for determining the sending of an item, including software or technology made available by electronic media, out of the customs territory of the Community.

restrictions and prohibitions
Forgot password?

By signing up you agree to the Terms of Use and Privacy Policy

Password reset

Check your e-mail, we sent you a link to reset your password.


Continue with Google Login with LinkedIn

Contact us

Thank you for report
Your email can be used only to contact you for problem details. It won't be used for advertising purposes
Maximum file size 6mb
File is too large