Glossary of Terms

A collection of terms that you will encouter while using the product.

Table 1. Glossary
Term Definition
ePAL
Customs duty A charge on goods levied by the customs authority.
Excisable goods Goods that qualify for excise duties.
Fully Landed Costs (FLC) The total costs of the goods when they arrive at their destination.
HS Code An internal code that represents a good. It has a number of derivatives such as the HS6 code.
Import One Stop Shop (IOSS) A tax scheme for sellers who are importing goods into the European Union (EU).
Product Classification The process of using HS codes to classify your products.
Shipping label The label that is printed and attached to the shipped goods.