CIRCULAR 48/2026/TT-BCT: DETAILED HS CLASSIFICATION FOR PROHIBITED IMPORTS AND TRADE COMPLIANCE REGULATIONS Effective September 5, 2026, Circular No. 48/2026/TT-BCT officially took effect to implement key provisions of the Law on Foreign Trade Management and Decree No. 292/2026/ND-CP. Key regulatory points for cross-border supply chain operations: - Strict HS Code Mapping for Prohibited Used Goods: Detailed HS codes are mandated for used consumer goods and used vehicles banned from importation. Target categories include plastics, apparel, footwear, wood products, paper, household appliances, electrical and electronic equipment, furniture, as well as specific used motorcycles, bicycles, and auto parts. - Tariff-Rate Quota (TRQ) Mechanisms: Outlines management lists per WTO commitments and active FTAs for commodities including unmanufactured tobacco, cane/beet sugar, salt, and poultry eggs, along with designated scopes for rice and motor vehicles. Allocation methods include auctions, dossier appraisals, pre-registration, or designated importers. - Rough Diamond Trade Controls (Kimberley Process): Traders must satisfy statutory conditions for KP certificate issuance (valid for two months from the date of issue) and conform to verification requirements to maintain transparency in mineral supply chains. - Transitional Provisions: Outlines continuity protocols for licenses, regulatory permits, and pending filings submitted prior to September 5, 2026. Full text of Circular 48/2026/TT-BCT and the itemized HS code schedule below
Vietnam Circular 48/2026/TT-BCT: Trade Compliance Regulations
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On 5 August, the Trade Remedies Authority opened a safeguard investigation into PET resin imports. If that phrase means nothing to you and you don't import PET for bottles, food packaging or textiles, feel free to scroll on. If you do, it's worth a proper read. Safeguard cases like this usually start because a UK industry says it's being hurt by a surge of imports. This one, SG0094, covers commodity codes 390761 and 390769, and right now nobody knows how it ends. No confirmed rate, no confirmed start date, no confirmed final shape. That's normal this early on, but it does mean most importers are stuck waiting for certainty that might not turn up for months. Here's the thing though: you don't need the outcome to start working out what it means for you. You need one material, one contract, and a bit of arithmetic. We ran our own simple working example through six steps: - Confirm classification and importer of record - Record expected tonnes for a real planning period - Set a landed-cost uplift per tonne - Add supplier credit and customer recovery for the same period - Map payments and recoveries onto a weekly cash timeline - Compare margin loss and peak funding against your pre-approved limits So, breaking that down - run 600 tonnes at £100 a tonne through that and you get a £60,000 scenario cost. Customer recovery clawed back £24,000 of it, leaving £36,000 sitting against margin. But that recovery doesn't land on day one, so cash funding peaks at the full £60,000 before any of it comes back. If your cash facility isn't built for that kind of gap, it can turn a normal quarter into an uncomfortable conversation with the bank. Whoever ends up owning this, commercial, finance, procurement, or all three round a table, at least they'll be starting from real numbers instead of a guess. The full calculation, a five-route decision table, and the worksheet to run your own version, are in this month's Signal Note: https://lnkd.in/eHFSqVbW
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🌍 EXPORT KNOWLEDGE SERIES — 07 💰 A Low Price Doesn’t Always Mean a Better Export Deal In international trade, buyers often compare quotations based on one number: PRICE. But a professional export quotation is about much more than the lowest price. The real question is: “What exactly am I getting for that price?” Two suppliers may quote different prices for what appears to be the same product. But the difference may come from: 📌 Product grade and quality parameters 📌 Origin and sourcing 📌 Packaging specifications 📌 Quantity and loading configuration 📌 Incoterms and delivery responsibility 📌 Port of loading 📌 Freight and other logistics costs 📌 Inspection or certification requirements 📌 Payment terms That is why comparing export offers purely on price can sometimes be misleading. 🌾 In export business, the right quotation should create clarity — not confusion. A strong quotation clearly defines the product, specifications, quantity, packing, price basis, delivery terms, and commercial conditions so that both buyer and seller understand what they are agreeing to. For agricultural commodities, where quality, seasonality, origin, packing, and logistics can significantly influence the final cost, clarity becomes even more important. At Shiv Shakti Global Exim, our approach is simple: Understand the requirement → Source the right product → Define the specifications → Build a transparent commercial offer → Execute professionally. Because international trade is not about offering the cheapest number. It is about delivering the right value, under the right terms, with the right expectations. 🌍 Trade with clarity. Source with confidence. Grow globally. #ExportKnowledgeSeries #ExportQuotation #InternationalTrade #ExportBusiness #GlobalSourcing #AgriculturalExports #IndianExporters #AgriTrade #InternationalBusiness #ExportStrategy #ShivShaktiGlobalExim
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Regional conflicts and surging domestic diesel prices are creating a double-squeeze on supply chains across Pakistan right now. When you manage packaging procurement, these macro shifts hit your bottom line immediately. Every time high-speed diesel edges up or a container ship is forced to reroute, the impact ripple reaches your raw material costs twice: first from port to converter, and then from converter to factory. Whether it’s polymer-based films like LDPE and BOPP or paper substrates like Kraft and Art Card, landed costs and lead times are becoming harder to predict. Relying purely on traditional, fixed-rate models or Just-In-Time inventory is getting risky. Here are 3 practical moves we’ve had to lean on to protect margins and keep lead times stable: Dual-Sourcing Key Substrates – Pairing imported polymer resins or pulp grades with pre-qualified regional suppliers. When sea freight delays hit, local backups keep production moving. Freight Batching & Route Optimization – Consolidating partial loads into full-truckload (FTL) deliveries to absorb rising inland transport tariffs per unit. Index-Based Sourcing Agreements – Shifting from rigid short-term pricing to transparent material and energy index pricing so costs adjust fairly when market benchmarks shift. Procurement right now isn't just about chasing the lowest initial quote; it's about building supply resilience.
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Regulatory Update | Mandatory Additional Qualifiers for Textile Exports from 1 November 2026 The Central Board of Indirect Taxes and Customs (CBIC), through Circular No. 42/2026-Customs dated 24 September 2026, has mandated additional qualifiers in export declarations for specified textile products, effective 1 November 2026. Key Updates: The requirement applies to specified woven and knitted fabrics classified under Chapters 52, 55 and 60 of the Customs Tariff Act, 1975. Exporters must declare the prescribed additional qualifiers/identifiers when filing export declarations in the Customs Automated System. The qualifiers will help electronically distinguish Flame Retardant (FR) fabrics from non-FR fabrics that fall under the same tariff classifications. The measure aims to support the implementation of the Production Linked Incentive (PLI) Scheme for Textiles. Action for Exporters: Businesses exporting the specified textile products should review the applicable tariff items and update their shipping bill declaration processes to ensure compliance before the effective date. #CustomsCompliance #ExportCompliance #TextileExports #TextileIndustry #CBIC #Customs #ExportDocumentation #ShippingBill #PLI #ProductionLinkedIncentive #TradeCompliance #IndiaExports
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Canada’s Sept. 8 countertariffs are getting closer, and PCI took a closer look at what is actually on the list. The main tariff headings covering many paints, varnishes and pigments are not included. But that does not leave the coatings supply chain untouched. Coated steel, self-adhesive plastic film and several other adjacent products are among the goods facing new duties. Here’s what coatings companies should know before the measures take effect. https://lnkd.in/eZ622puJ #Trade #CoatingsIndustry #Canada
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Zaidi Sattar, chairman of PRI, said the tariff structure creates a strong incentive for businesses outside the ready-made garment sector to sell in the domestic market rather than export. “The divergence between the profitability of exports and domestic sales is not marginal. It is highly significant and creates a very strong disincentive to export,” he said.
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𝗥𝗨𝗟𝗘𝗦 𝗢𝗙 𝗢𝗥𝗜𝗚𝗜𝗡 𝗜𝗡 𝗜𝗡𝗧𝗘𝗥𝗡𝗔𝗧𝗜𝗢𝗡𝗔𝗟 𝗧𝗥𝗔𝗗𝗘 Rules of Origin are the criteria used to determine the country of origin of goods in international trade. They are important for customs clearance, preferential duty benefits, FTAs, SAFTA, GSP schemes, trade statistics, import duties, and compliance. Here is a practical overview: ➤ 𝟭. 𝗣𝗿𝗲𝗳𝗲𝗿𝗲𝗻𝘁𝗶𝗮𝗹 𝗢𝗿𝗶𝗴𝗶𝗻 Determines whether goods qualify for reduced or zero duty under an FTA, PTA, GSP, or other preference scheme. ➤ 𝟮. 𝗡𝗼𝗻-𝗣𝗿𝗲𝗳𝗲𝗿𝗲𝗻𝘁𝗶𝗮𝗹 𝗢𝗿𝗶𝗴𝗶𝗻 Used for general customs purposes, including MFN duty, trade statistics, quotas, marking, and trade remedies. ➤ 𝟯. 𝗪𝗵𝗼𝗹𝗹𝘆 𝗢𝗯𝘁𝗮𝗶𝗻𝗲𝗱 Goods completely obtained or produced in one country may qualify as originating under the applicable rules. ➤ 𝟰. 𝗦𝘂𝗯𝘀𝘁𝗮𝗻𝘁𝗶𝗮𝗹 𝗧𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻 When materials come from different countries, origin may depend on where sufficient processing occurs. Common criteria include: ▪ Change in Tariff Classification (CTC) ▪ Regional Value Content (RVC) ▪ Specific Processing Requirements ▪ Value-added criteria ➤ 𝟱. 𝗚𝗔𝗥𝗠𝗘𝗡𝗧 & 𝗧𝗘𝗫𝗧𝗜𝗟𝗘 𝗘𝗫𝗔𝗠𝗣𝗟𝗘 A garment can contain fabric, yarn, buttons, zippers, labels, and other accessories from different countries. The applicable agreement may require a specific production process, tariff shift, or minimum regional value before preferential origin can be claimed. ➤ 𝟲. 𝗣𝗥𝗢𝗢𝗙 𝗢𝗙 𝗢𝗥𝗜𝗚𝗜𝗡 Depending on the scheme, proof may include: ▪ Certificate of Origin ▪ Preferential Certificate ▪ Origin Declaration ▪ Exporter Statement ▪ Other prescribed origin documents ━━━━━━━━━━━━━━━━━━ 𝗣𝗥𝗔𝗖𝗧𝗜𝗖𝗔𝗟 𝗢𝗥𝗜𝗚𝗜𝗡-𝗖𝗛𝗘𝗖𝗞 𝗪𝗢𝗥𝗞𝗙𝗟𝗢𝗪 𝟭 → 𝗜𝗱𝗲𝗻𝘁𝗶𝗳𝘆 𝘁𝗵𝗲 𝗠𝗮𝗿𝗸𝗲𝘁 Confirm exporting country, destination country, and applicable FTA/PTA/GSP/SAFTA. 𝟮 → 𝗖𝗼𝗻𝗳𝗶𝗿𝗺 𝗛𝗦 𝗖𝗼𝗱𝗲 Correct HS classification is essential because origin rules are often product-specific. 𝟯 → 𝗖𝗵𝗲𝗰𝗸 𝗢𝗿𝗶𝗴𝗶𝗻 𝗥𝘂𝗹𝗲 Determine whether the product meets CTC, RVC, specific processing, or other criteria. 𝟰 → 𝗖𝗵𝗲𝗰𝗸 𝗥𝗮𝘄 𝗠𝗮𝘁𝗲𝗿𝗶𝗮𝗹𝘀 Verify the origin of fabric, yarn, trims, accessories, and other inputs. 𝟱 → 𝗩𝗲𝗿𝗶𝗳𝘆 𝗣𝗿𝗼𝗱𝘂𝗰𝘁𝗶𝗼𝗻 Confirm that the actual manufacturing process satisfies the applicable rule. 𝟲 → 𝗖𝗮𝗹𝗰𝘂𝗹𝗮𝘁𝗲 𝗩𝗮𝗹𝘂𝗲 Where required, calculate RVC or other prescribed thresholds using the correct methodology. 𝟳 → 𝗣𝗿𝗲𝗽𝗮𝗿𝗲 𝗣𝗿𝗼𝗼𝗳 Arrange the required Certificate, declaration, or supporting origin documents. 𝟴 → 𝗞𝗲𝗲𝗽 𝗥𝗲𝗰𝗼𝗿𝗱𝘀 Maintain invoices, BOM, supplier declarations, production records, consumption details, and origin calculations for verification or audit. #RulesOfOrigin #InternationalTrade #ImportExport #Customs #TradeCompliance #Garments #Textile #HSCode #CertificateOfOrigin #FTA #GSP
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FOB Price Is No Longer the Whole PVC Hose Purchasing Equation One of the more important changes in international PVC procurement is happening quietly. The product specifications have not necessarily changed. But the purchasing equation has. For many years, international buyers could compare suppliers largely through: Specification + FOB Price + Quality Today, a more complete evaluation increasingly looks like: **Specification · FOB Price · Duty Exposure · Freight · Country of Origin · Lead Time · Compliance · Supply Continuity** This is not simply a logistics issue. It is becoming a strategic sourcing issue. Why is this happening? The global PVC market is experiencing changes in trade flows and regional competitiveness. Industry analysis for 2026 points to continued high global PVC trade volumes, but also significant uncertainty around duties, regional supply-demand balances and the direction of trade flows. India provides a useful example. India remains a major participant in global PVC trade, while its trade-policy environment around PVC has become more active. In February 2026, the Indian trade-remedies authority initiated a countervailing-duty investigation concerning PVC suspension resins from China. Meanwhile, official Indian trade data continues to show an active and changing import environment, with data available through 2026. The longer and more complicated the supply chain becomes, the more these factors matter. Does this mean buyers will stop sourcing from China? Not necessarily. That would be an overly simple interpretation. China remains an important manufacturing base in global PVC supply chains. The more realistic change is that buyers may increasingly ask: Should we rely entirely on one sourcing origin? That is a different question. But geographic diversity alone is not enough. Trade exposure How will duties, origin and customs requirements affect landed cost? Supply-chain resilience What happens if market conditions change? This changes the role of the manufacturer as well. For export-oriented hose manufacturers, competitiveness is no longer determined only by factory cost. That is particularly important when buyers are evaluating suppliers for recurring B2B orders rather than one-off purchases. The future PVC hose sourcing map may become less about finding one “cheapest country” and more about building the right supplier network. For buyers, that means looking beyond FOB. For manufacturers, it means proving that the factory can remain reliable when the external market changes. 🌐 Haikun Plastic Technology https://lnkd.in/g485Vuwv 📩 sale@cnplastichose.com 📱 +86 15791475929 #PVCHose #GlobalSourcing #SupplyChainManagement #B2BProcurement #PVCIndustry #IndustrialHose #InternationalTrade #Manufacturing #SourcingStrategy #PVCManufacturer
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Pakistan’s National Tariff Commission has imposed definitive anti-dumping duties of 3.07%–19.32% on Chinese polyester filament yarn-DTY imports for five years, effective November 2024–November 2029. The measure follows a tribunal-directed review and aims to protect Pakistan’s domestic textile industry from material injury caused by dumped imports. Discussion: The duties may strengthen local producers but could also raise input costs for downstream textile manufacturers. Debate: Should Pakistan prioritize protecting domestic yarn producers, or maintain cheaper Chinese inputs to preserve the competitiveness of its export-oriented textile sector? https://gsrra.com/?p=36770
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50% Tariff: New Pressure Point for Global Tissue Supply Chain The latest tariff developments between the US and Canada have brought new pressure to the global supply chain of pulp, paper and tissue products. Tariffs on certain goods can reach up to 50%, impacting raw material costs. How resilient is your supply chain amid shifting trade policies? 🔎 Bowei Insight As global trade evolves, supply chain resilience and diversification strategies grow increasingly critical. Future competition may hinge not only on product quality but also on supply chain construction. Bowei Insight | Track global hygiene trends, connect industry operations #HygieneProducts #Tissue #Pulp #Nonwovens #SupplyChain #GlobalTrade #Bowei
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Full text of Circular 48/2026/TT-BCT: https://moit.gov.vn/van-ban-phap-luat/van-ban-phap-quy/thong-tu-quy-dinh-chi-tiet-mot-so-dieu-cua-luat-quan-ly-ngoai-thuong-va-nghi-dinh-so-292-2026-nd-cp-ngay-22-thang-7-nam-.html