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Letters of Abandonment: Understanding their Scope in Transit and at Destination
1 year ago
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Understanding the applicability of a letter of abandonment of cargo is essential for businesses engaged in international trade, particularly regarding goods in transit. This article examines whether a letter of abandonment can be used for goods in transit or only for goods that have arrived at their destination, providing clarity on this aspect of customs procedures. By exploring the nuances of abandonment procedures, it equips importers, exporters, and logistics professionals with the knowledge needed to navigate these scenarios effectively.
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