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Customs Glossary Guide: Difference between revisions
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;Free of Duty | ;Free of Duty | ||
:A [[Free_of_Duty_(CBP_Shipment_Type)|Free of Duty Shipment]], known for its corresponding form, CBP Form 7523, is a U.S. Shipment Type for goods to clear through US Customs and Border Protection. It is a type of Informal Entry that allows for the release at the border of shipments consisting of merchandise that is unconditionally or conditionally duty free and not exceeding 2500 USD in value. | :A [[Free_of_Duty_(CBP_Shipment_Type)|Free of Duty Shipment]], known for its corresponding form, CBP Form 7523, is a U.S. Shipment Type for goods to clear through US Customs and Border Protection. It is a type of Informal Entry that allows for the release at the border of shipments consisting of merchandise that is unconditionally or conditionally duty free and not exceeding 2500 USD in value. | ||
;Freight Forwarder | |||
:A person or business entity that specializes in coordinating shipments between shippers, carriers and consignees. Since freight forwarders don’t have their own equipment, they contract with carriers to move goods. | |||
== G == | == G == | ||