What does PGA stand for in customs?
PGA is a classification for goods under the Harmonized Commodity Description and Coding system (HS code) with an eight-digit code. This classification is reserved for goods that are genetically modified plants or animals. The eight digits represent the eight specific sections of the HCD codes for plant materials, animals, and products (chemical substances) created from plants or animals.
What does PGA mean in customs declaration?
Like the term TGA, PGA means goods general average. It refers to the sum of the value of the goods (at the time of export) and the cost of transporting and insuring them. The sum is then divided by the total value of the shipment. Most often PGA is mentioned when a shipper questions the value of goods in their declaration. The shipper may have taken the value from the invoice and failed to declare it. PGA is used by the carrier to calculate the
What does PGA mean in customs?
Here’s the quick answer: PGA stands for Pharmaceutical General. This classification is reserved for medications that can be used safely and effectively without any restrictions for use, thus being classified as generally available drugs.
What does PGA stand for at customs?
PGA is an acronym for Paid General Average. This is a type of payment made by the cargo owner to offset any losses caused by damage to the goods in transit. This is different from the value declared on the customs declaration. If the value of the goods is lower than what the shipper has declared, known as a discrepancy, the difference is deducted from the sum of money that the shipper owes the carrier.
What does PGA stand for in customs declaration?
Finally, the PGA mark is used on certain goods for declaration at customs. It is most often seen on golf clubs, tennis racquets, and ski, bike, and boat equipment. To declare an item using the PGA mark you will need to fill out a declaration form and provide proof of purchase. The declaration form itself is straightforward, but to demonstrate that these items were purchased you will need to provide proof of purchase at the time of purchase.
