BROWSE

General Order (GO)

What is 'General Order - GO'

A status given to imported goods that are missing the proper documentation or are not quickly cleared through customs. Merchandise may be held under general order if the proper duties or taxes are not paid, or if the owner fails to complete the required customs paperwork. Goods will be held under general order if they remain uncleared for more than 15 days.

Explaining 'General Order - GO'

After 15 days, any general order merchandise will be moved to a bonded warehouse. The risk of transportation and storage of the goods remains with the owner of the merchandise. If the goods remain under general order for more than six months, the merchandise will be put up for auction or confiscated by the government.


Further Reading


Testing trade-off and pecking order theories financing SMEs
link.springer.com [PDF]
… Thus, following the general consensus, one more hypothesis can be expressed as: ''There should be a … GO ranges from 0 to 3 and CF from 3 to 0. By summing GO and CF … All three variables are relevant when it comes to evaluating this pecking order model, although parameter …

Corporate financial patterns in industrializing economies: A comparative international studyCorporate financial patterns in industrializing economies: A comparative international study
papers.ssrn.com [PDF]
… Thus, following the general consensus, one more hypothesis can be expressed as: ''There should be a … GO ranges from 0 to 3 and CF from 3 to 0. By summing GO and CF … All three variables are relevant when it comes to evaluating this pecking order model, although parameter …

The interrelations of finance and economics: Theoretical perspectivesThe interrelations of finance and economics: Theoretical perspectives
www.jstor.org [PDF]
… Thus, following the general consensus, one more hypothesis can be expressed as: ''There should be a … GO ranges from 0 to 3 and CF from 3 to 0. By summing GO and CF … All three variables are relevant when it comes to evaluating this pecking order model, although parameter …

Thermodynamic analogies in economics and finance: instability of marketsThermodynamic analogies in economics and finance: instability of markets
www.sciencedirect.com [PDF]
… Thus, following the general consensus, one more hypothesis can be expressed as: ''There should be a … GO ranges from 0 to 3 and CF from 3 to 0. By summing GO and CF … All three variables are relevant when it comes to evaluating this pecking order model, although parameter …

The economics of small business finance: The roles of private equity and debt markets in the financial growth cycleThe economics of small business finance: The roles of private equity and debt markets in the financial growth cycle
www.sciencedirect.com [PDF]
… Thus, following the general consensus, one more hypothesis can be expressed as: ''There should be a … GO ranges from 0 to 3 and CF from 3 to 0. By summing GO and CF … All three variables are relevant when it comes to evaluating this pecking order model, although parameter …

Non‐Gaussian Ornstein–Uhlenbeck‐based models and some of their uses in financial economicsNon‐Gaussian Ornstein–Uhlenbeck‐based models and some of their uses in financial economics
rss.onlinelibrary.wiley.com [PDF]
… Thus, following the general consensus, one more hypothesis can be expressed as: ''There should be a … GO ranges from 0 to 3 and CF from 3 to 0. By summing GO and CF … All three variables are relevant when it comes to evaluating this pecking order model, although parameter …

Money, prices and finance in the new monetary economicsMoney, prices and finance in the new monetary economics
www.jstor.org [PDF]
… Thus, following the general consensus, one more hypothesis can be expressed as: ''There should be a … GO ranges from 0 to 3 and CF from 3 to 0. By summing GO and CF … All three variables are relevant when it comes to evaluating this pecking order model, although parameter …

The application of continuous-time random walks in finance and economicsThe application of continuous-time random walks in finance and economics
www.sciencedirect.com [PDF]
… Thus, following the general consensus, one more hypothesis can be expressed as: ''There should be a … GO ranges from 0 to 3 and CF from 3 to 0. By summing GO and CF … All three variables are relevant when it comes to evaluating this pecking order model, although parameter …



Q&A About General Order (GO)


What happens after 15 days?

After 15 days, any general order merchandise will be moved to a bonded warehouse.

If an item remains under GO for more than six months, what happens to it?

The item will be put up for auction or confiscated by government officials.

How long can merchandise remain under general order?

The merchandise will be held under general order for more than 15 days.

What is General Order?

A status given to imported goods that are missing the proper documentation or are not quickly cleared through customs.

Who bears the risk of transportation and storage of goods placed under general order?

The owner of the merchandise bears the risk of transportation and storage of goods placed under general order.

What happens if the proper duties or taxes are not paid?

Merchandise may be held under general order if the proper duties or taxes are not paid.