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Bonded Warehouse
A bonded warehouse, or bond, is a building or other secured area in which imported but dutiable goods may be stored, manipulated, or undergo manufacturing operations without payment of duty. They may then be again exported without payment of duty. It may be managed by the state or by private enterprise. In the latter case a customs bond must be posted with the government. This system is widely used in developed countries throughout the world. Overview Upon entry of goods into the warehouse, the importer and warehouse proprietor incur liability under a bond. This liability is generally cancelled when the goods are: *exported; or deemed exported; *withdrawn for supplies to a vessel or aircraft in international traffic; *destroyed under Customs supervision; or *withdrawn for consumption domestically after payment of duty. While the goods are in the bonded warehouse, they may, under supervision by the customs authority, be manipulated by cleaning, sorting, repacking, or otherwis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Excise Bill
The Excise Bill of 1733 was a proposal by the British government of Robert Walpole to impose an excise tax on a variety of products. This would have allowed Excise officers to search private dwellings to look for contraband untaxed goods. The perceived violation of the Rights of Englishmen provoked widespread opposition and the bill was eventually withdrawn. Whig opposition MP William Pitt took the lead in criticising the proposal, invoking the concept that an " Englishman's house is his castle". Walpole proposed the bill while at the height of his powers, during the Whig Ascendency, but its defeat was an early sign of the waning of his dominance over British politics which came to an end in 1742. Opposition Tory Mps were joined by the emerging Patriot Whigs The Patriot Whigs, later the Patriot Party, were a group within the British Whig Party, Whig Party in Kingdom of Great Britain, Great Britain from 1725 to 1803. The group was formed in opposition to the government of R ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Logistics
Logistics is the part of supply chain management that deals with the efficient forward and reverse flow of goods, services, and related information from the point of origin to the Consumption (economics), point of consumption according to the needs of customers. Logistics management is a component that holds the supply chain together. The resources managed in logistics may include tangible goods such as materials, equipment, and supplies, as well as food and other edible items. In military logistics, it is concerned with maintaining army supply lines with food, armaments, ammunition, and spare parts apart from the transportation of troops themselves. Meanwhile, civil logistics deals with acquiring, moving, and storing raw materials, semi-finished goods, and finished goods. For organisations that provide Waste collection, garbage collection, mail deliveries, Public utility, public utilities, and after-sales services, logistical problems must be addressed. Logistics deals with t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Customs Valuation
Customs valuation is the process whereby customs authorities assign a monetary value to a good or service for the purposes of import or export. Generally, authorities engage in this process as a means of protecting tariff concessions, collecting revenue for the governing authority, implementing trade policy, and protecting public health and safety. Customs duties, and the need for customs valuation, have existed for thousands of years among different cultures, with evidence of their use in the Roman Empire, the Han dynasty The Han dynasty was an Dynasties of China, imperial dynasty of China (202 BC9 AD, 25–220 AD) established by Liu Bang and ruled by the House of Liu. The dynasty was preceded by the short-lived Qin dynasty (221–206 BC ... and the Indian sub-continent. The first recorded customs tariff was from 136 in Palmyra, an oasis city in the Syrian desert. Beginning near the end of the 20th century, the procedures used throughout most of the wor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bottled In Bond
Bottled in bond (BIB) is a label for an American-produced distilled beverage that has been aged and bottled according to a set of legal regulations contained in the United States government's Standards of Identity for Distilled Spirits, as originally specified in the Bottled-in-Bond Act of 1897. As a reaction to widespread adulteration of American whiskey, the act made the federal government the guarantor of a spirit's authenticity, gave producers a tax incentive for participating and helped ensure proper accounting and the collection of tax that was due. Although the regulations apply to all spirits, most bonded spirits are whiskeys in practice. Requirements To be labeled as bottled-in-bond or bonded, the liquor must be the product of one distillation season (January–June or July–December) by one distiller at one distillery. It must have been aged in a federally bonded warehouse under U.S. government supervision for at least four years and bottled at 100 (U.S.) proof (50% al ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States
The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 contiguous states border Canada to the north and Mexico to the south, with the semi-exclave of Alaska in the northwest and the archipelago of Hawaii in the Pacific Ocean. The United States asserts sovereignty over five Territories of the United States, major island territories and United States Minor Outlying Islands, various uninhabited islands in Oceania and the Caribbean. It is a megadiverse country, with the world's List of countries and dependencies by area, third-largest land area and List of countries and dependencies by population, third-largest population, exceeding 340 million. Its three Metropolitan statistical areas by population, largest metropolitan areas are New York metropolitan area, New York, Greater Los Angeles, Los Angel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Revenue Act Of 1883
In accounting, revenue is the total amount of income generated by the sale of goods and services related to the primary operations of a business. Commercial revenue may also be referred to as sales or as turnover. Some companies receive revenue from interest, royalties, or other fees. This definition is based on IAS 18. "Revenue" may refer to income in general, or it may refer to the amount, in a monetary unit, earned during a period of time, as in "Last year, company X had revenue of $42 million". Profits or net income generally imply total revenue minus total expenses in a given period. In accounting, revenue is a subsection of the equity section of the balance statement, since it increases equity. It is often referred to as the "top line" due to its position at the very top of the income statement. This is to be contrasted with the "bottom line" which denotes net income (gross revenues minus total expenses). In general usage, revenue is the total amount of income by the sal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Customs And Inland Revenue Act 1880
Customs is an authority or agency in a country responsible for collecting tariffs and for controlling the flow of goods, including animals, transports, personal effects, and hazardous items, into and out of a country. Traditionally, customs has been considered as the fiscal subject that charges customs duties (i.e. tariffs) and other taxes on import and export. In recent decades, the views on the functions of customs have considerably expanded and now covers three basic issues: taxation, security, and trade facilitation. Each country has its own laws and regulations for the import and export of goods into and out of a country, enforced by their respective customs authorities; the import/export of some goods may be restricted or forbidden entirely. A wide range of penalties are faced by those who break these laws. Overview Taxation The traditional function of customs has been the assessment and collection of customs duties, which is a tariff or tax on the importation or ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
39 & 40 Vict
39 may refer to: * 39 (number) * one of the years: ** 39 BC ** AD 39 ** 1939 ** 2039 * 39 (album), ''39'' (album), a 2000 studio album by Mikuni Shimokawa * '39", a 1975 song by Queen * "Thirty Nine", a song by Karma to Burn from the album ''Almost Heathen'', 2001 * ''Thirty-Nine'', a 2022 South Korean television series * 39 Laetitia, a main-belt asteroid {{Numberdis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Customs Consolidation Act 1876
The Customs Consolidation Act 1876 (39 & 40 Vict. c. 36) was an Act of Parliament (United Kingdom), act of the Parliament of the United Kingdom that further consolidated the various enactments relating to Customs law, customs in the United Kingdom. Background In the United Kingdom, Act of Parliament (United Kingdom), acts of Parliament remain in force until expressly repealed. William Blackstone, Blackstone's ''Commentaries on the Laws of England'', published in the late 18th-century, raised questions about the system and structure of the common law and the poor drafting and disorder of the existing statute book. In 1806, the Commission on Public Records passed a resolution requesting the production of a report on the best mode of reducing the volume of the statute book. From 1810 to 1825, The Statutes of the Realm was published, providing for the first time the authoritative collection of acts. By the early 19th century, British customs law, relating to trade, navigation, t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
16 & 17 Vict
Sixteen or 16 may refer to: *16 (number) *one of the years 16 BC, AD 16, 1916, 2016 Films * '' Pathinaaru'' or ''Sixteen'', a 2010 Tamil film * ''Sixteen'' (1943 film), a 1943 Argentine film directed by Carlos Hugo Christensen * ''Sixteen'' (2013 Indian film), a 2013 Hindi film * ''Sixteen'' (2013 British film), a 2013 British film by director Rob Brown Music *The Sixteen, an English choir *16 (band), a sludge metal band * Sixteen (Polish band), a Polish band Albums * ''16'' (Robin album), a 2014 album by Robin * 16 (Madhouse album), a 1987 album by Madhouse * ''Sixteen'' (album), a 1983 album by Stacy Lattisaw *''Sixteen'' , a 2005 album by Shook Ones * ''16'', a 2020 album by Wejdene Songs * "16" (Sneaky Sound System song), 2009 * "Sixteen" (Thomas Rhett song), 2017 * "Sixteen" (Ellie Goulding song), 2019 *"Six7een", by Hori7on, 2023 *"16", by Craig David from ''Following My Intuition'', 2016 *"16", by Green Day from ''39/Smooth'', 1990 *"16", by Highly Suspect from ' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Customs Consolidation Act 1853
The Customs Consolidation Act 1853 ( 16 & 17 Vict. c. 107) was an act of the Parliament of the United Kingdom that consolidated the various enactments relating to customs in the United Kingdom. Background In the United Kingdom, acts of Parliament remain in force until expressly repealed. Blackstone's ''Commentaries on the Laws of England'', published in the late 18th-century, raised questions about the system and structure of the common law and the poor drafting and disorder of the existing statute book. In 1806, the Commission on Public Records passed a resolution requesting the production of a report on the best mode of reducing the volume of the statute book. From 1810 to 1825, The Statutes of the Realm was published, providing for the first time the authoritative collection of acts. By the early 19th century, British customs law, relating to trade, navigation, the import and export of goods, and the collection of customs revenue, had become increasingly intricate an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
