Customs Classification

Choosing the correct commodity code for your product can be difficult and confusing. Getting it wrong can be costly, causing delays and loss of income. The Customs Classification course will break down classification complexities and help your organisation choose the right codes and save costs, and time and expand your business. Join our interactive training which covers the WCO’s Harmonised System, the EU’s Combined Nomenclature/TARIC and the UK Global Tariff, together with their annual revisions. You will discover how to “construct” the code, understand why you and your supplier/customer in a different country may have divergent HS codes and what to do about it.

What you will learn

• Explanation and importance of the Tariff
• How a commodity code is made up
• WCO Harmonised System
• Effective use of TARIC
• The EU’s Combined Nomenclature
• UK Global Tariff
• Classification in the US and Canada
• The importance of Section Notes and Chapter Notes
• How to classify if goods are incomplete or unfinished, or unassembled/disassembled
• What if the goods are mixtures or combinations?
• What to do if goods are classifiable under two or more headings
• Mixtures and composite goods
• Goods put up in sets for retail sale
• How to manage packaging and cases
• Tools to help you classify correctly
• Advance Tariff Rulings / Binding Tariff Information
• Classification Guidance
• Explanatory Notes
• Court Decisions
• Tribunal Decisions
• Other Customs Authorities Decision
• Classifying parts and accessories
• Classifying sets, machine parts and more

CPD

This course is worth 3 CPD hours for IST members.