Learn how to identify the correct commodity codes for the goods you sell; vital for ensuring your goods are tariffed correctly.
Classifying your goods is an essential step for complying with the tariffs imposed by different countries. Make sure you are charged correctly according to the nature of your goods, including consideration of how and where you manufacture your goods. In this course, our experts will teach you the roles and importance of commodity codes and how to effectively use the WCO Harmonized System to determine the correct code for your goods.
Commodity codes are needed for the completion of key customs procedures that must be complied with to trade goods overseas – including submitting declarations.
Topics covered
- What are commodity codes?
- Structure of commodity codes
- Classification basic principles
- General interpretative rules
- Classifying parts and accessories
- Using UK integrated online tariff
- Finding overseas information
- Export controls
- Ongoing management
