CARM: What all importers need to know about CARM

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Terminology

D

Drawback

A refund of duties paid on importation of goods which are further processed and then re-exported.

Quick Tip #24
Are you using the latest Incoterms?

Make sure your contracts of sale include the appropriate trade term in conjunction with the words “Incoterms 2010”, which came into effect January 2011.

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