1 trade systems main customs procedures 1. transit 2. processing under customs control 3. home use...
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1
Trade Systems
Main Customs ProceduresMain Customs Procedures
1. Transit2. Processing
under customs control
3. Home use4. Customs
Warehousing5. Temporary
Admission
6. Inward Processing
7. Outward Processing
8. Compensating Goods
9. Exports10. Imports11. Re-exports
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Trade Systems
TransitTransit
+
TIR
EnteringCustoms
Customs Territory
Customs Border
TRANSIT LeavingCustoms
Customs Border
Foreign Country
TIR: Transport International Routier
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Trade Systems
Home UseHome Use
Foreign Country,Free Zone
National Market
ForeignGoods
Goodsin free circulation
• Tax on sales• Special Taxes{• Imports duties
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Trade Systems
Temporary AdmissionTemporary Admission
Customs Territory
ForeignGoods
ForeignGoods
Importsduties
otherstaxes
Foreign Country
•Professional equipment•Display goods•Commercial samples...
National Market
Under CustomsControl
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Trade Systems
Procedure for Inward Processing Procedure for Inward Processing
ForeignGoods
ForeignGoods
ValueAdded
Importsduties
Foreign Country orFree Zone
National Market
Customs Territoryotherstaxes
*
* Two options: 1.- duty free in entry
2.- reimbursement in exit
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Trade Systems
Procedure for Outward Processing Procedure for Outward Processing
CustomsTerritory
Goods in freecirculation
Goods ValueAdded
Importsduties
Foreign Country orFree Zone
otherstaxes
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Trade Systems
Exports Exports
CustomsTerritory Goods in free circulation
or nationalised
Foreign Country orFree Zone
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Trade Systems
There are two Trade Systems by which International Merchandise Trade Statistics are compiled;-
(a) The General Trade System, and
(b) The Special Trade System.
Goods leaving or entering a customs territory are declared for different Customs Procedure Codes or Regimes which are crucial in determination of the trade system!
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Trade SystemsMAIN TRADE FLOWS : Overall view of MAIN TRADE FLOWS : Overall view of
movementsmovementsHome Use :
(A) on Direct Imports(B) after Warehouse or(Ci) on Temporary Imports for Inward Processing(Cd) after Temporary Admission(Rm) on Re-imports of a Temporary Exports for Outward Processing
(Rt) on Re-imports of a Temporary Exports in view to be returned unchanged
(D) Temporary Admission in view to be returned unchanged (I) Temporary Imports for Inward Processing
(E)
Entry in Warehouse
Exports:
(J) of national goods (K) of nationalised goods(L) for ship and aircraft supplies(M) Temporary Exports for Outward Processing(T) Temporary Exports in view to be returned unchanged
Re-exports:
(P) from Warehouse(Q) for ship and aircraft supplies from Warehouse(Xi) after Temporary Imports for Inward Processing(Xd) after Temporary Admission in view to be returned unchanged
(F) Transit
of foreign goods(N) of national or nationalised goods
Xi
Xd
Free Zone
F
E
A
P
B
D
Ci
Cd
Rt
RmM
LKJ
T
NationalMarket
CustomsWarehouse
I
W
Z
UV
N
Q
Free Zone:
(W) entry from National Market
(U) entry from Foreign Country exit to Foreign Country
(Z) after Free Zone
(V)
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Trade Systems
Overall view of Special Trade
Overall view ofGeneral Trade
General Trade
Others
Xi
Xd
Free Zone
F
E
A
P
B
D
Ci
Cd
Rt
RmM
LKJ
T
NationalMarket
CustomsWarehouse
I
W
Z
UV
N
Q
Xi
Xd
Free Zone
F
E
A
P
B
D
Ci
Cd
Rt
RmM
LKJ
T
NationalMarket
CustomsWarehouse
I
W
Z
UV
N
Q
Special Trade
Others
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Trade Systems
General Trade SystemGeneral Trade System
General Imports consists of;-(a)Imports of foreign goods(other than compensating
products after outward processing) into free circulation area, premises for inward processing or industrial free zones, from rest of the World or Custom Transit
(b)Imports of foreign goods (other than compensating products after outward processing) into premises for Customs warehousing or commercial free zones, from rest of the World or Custom Transit.
(c) Imports of foreign goods comprised of compensating products after outward processing into the free circulation area, premises for inward processing or industrial Free zones, from the rest of the world or from customs transit.
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Trade Systems
General Trade SystemGeneral Trade System
General Imports consists of;- … ctd(d)Imports of foreign goods comprised of
compensating products after outward processing into premises for Customs warehousing or commercial free zones, from the rest of world or customs transit
(e)Re-imports of domestic goods in the same state as exported, into free circulation area, premises for inward processing or industrial free zones, from the rest of world or customs transit.
(f ) Re-imports of domestic goods in the same state as exported, into premises of customs warehousing or commercial free zones, from the rest of world or customs transit.
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Trade Systems
General Trade SystemGeneral Trade System
General Exports consists of;-(a)Exports of domestic goods originating in the free
circulation area or industrial free zones, directly to the rest of the world.
(b)Exports of domestic goods originating in the free circulation area or industrial free zones but exported from premises for customs warehousing or commercial free zones to the rest of the world.
(c ) Exports of domestic goods comprised of compensating products after inward processing, directly to the rest of the world..
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Trade Systems
General Trade SystemGeneral Trade System
General Exports consists of;- … ctd(d)Exports of domestic goods comprised of
compensating products after inward processing but exported from premises for customs warehousing or commercial free zones to the rest of the world.
(e)Re-exports of foreign goods, in the same state as previously imported, from free circulation area, premises for inward processing or industrial free zones, directly to the rest of the world.
(f ) Re-exports of foreign goods, in the same state as previously imported, from premises for customs warehousing or commercial free zones, to the rest of the world.
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Trade Systems
Special Trade SystemSpecial Trade System
The Special Trade System is used when the statistical territory comprises only the Free Circulation Area.
(a) Imports include all goods entering the free
circulation area of a compiling country-cleared
through Customs for home use.
(b) Exports include all goods leaving the free
circulation area of a compiling country
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Trade Systems
Special Trade SystemSpecial Trade System
Special Imports consists of;-(a)Imports of foreign goods (other than
compensating products after outward processing) into free circulation area, premises for inward processing or industrial free zones, from rest of the World or Custom Transit
(b)Imports of foreign goods (other than compensating products after outward processing) into free circulation area, premises for inward processing or industrial free zones, from premises for Customs warehousing or commercial free zones.
(c ) Imports of foreign goods comprised of compensating products after outward processing into the free circulation area, premises for inward processing or industrial free zones, from the rest of the world or from commercial free zones.
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Trade Systems
Special Trade SystemSpecial Trade System
Special Imports consists of;- … ctd(d)Imports of foreign goods comprised of
compensating products after outward processing into the free circulation area, premises for inward processing or industrial free zones, from premises for customs warehousing or commercial free zones.
(e)Re-imports of domestic goods, in the same state as previously exported, into free circulation area, premises for inward processing or industrial free zones, from the rest of world or customs transit.
(f ) Re-imports of domestic goods, in the same state as previously exported, into free circulation area, premises for inward processing or industrial free zones, from premises for customs warehousing or commercial free zones.
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Trade Systems
Special Trade SystemSpecial Trade System
Special Exports consists of;-
(a)Exports of domestic goods originating in the free
circulation area or industrial free zones, directly
to the rest of the world.
(b)Exports of domestic goods originating in the free
circulation area or industrial free zones into
premises for Customs warehousing or commercial
free zones.
(c ) Exports of domestic goods comprised of
compensating products after inward processing,
directly to the rest of the world
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Trade Systems
Special Trade SystemSpecial Trade System
Special Exports consists of;- … ctd(d)Exports of domestic goods comprised of
compensating products after inward processing, into premises for customs warehousing or commercial free zones
(e)Re-exports of foreign goods, in the same state as previously imported, from free circulation area, premises for inward processing or industrial free zones, directly to the rest of the world..
(f ) Re-exports of foreign goods, in the same state as previously imported, from free circulation area, into premises for customs warehousing or commercial free zones.
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Trade Systems
UN RecommendationUN Recommendation
It is recommended that the General Trade System be
Used for compilation of international merchandise trade
statistics and international reporting:-
It provides a comprehensive recording of external trade
It provides a better approximation of the change of ownership criterion used into Systems of National Accounts(SNA) and Balance of Payment (BP).