Commonly Used Terms
Bonded Goods
Bonded Goods are landed import goods stored under the supervision of customs authorities in bonded warehouses for which the customs duty is yet to be paid. After customs clearance and payment of duty, bonded-goods are released for re-export. It may be released to the importer upon assessment and payment of taxes, import duties, and other charges.
C
Currency Adjustment Factor (CAF)
Cross-docking
Cost, Insurance and Freight (CIF)
Cost and Freight (CFR)
Contract of Carriage
Container Yard (CY)
Completely Knocked Down (CKD)
Certificate of Origin (CO)
Cellular Vessel
Carriers
Carrier's Lien
Carriage Paid To (CPT)
Carriage And Insurance Paid To (CIP)
Carnet
Cargo Agents Settlement System (CASS)
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