[Global Trade Academy (GTA) Course] Tariff Classification for Importers and Exporters |February 21st, 2023
This course provides an excellent overview of the General Rules of Interpretation (GRI), and the outline and structure of the Harmonized Tariff Schedule (HTS) book. Participants will learn how to apply the rules for choosing an import or export code, and their impact on rates of duty and trade agreements.
This is an excellent course for those new to classification, as well as for individuals who have some experience but require a greater in-depth understanding of how to apply the rules.
– General Rules of Interpretation
– Steps to properly classify your product
– Specific types of rates of duty including Ad Valorem and Compound rates
– Differences between Column 1 and Column 2 types of duty
– HTS information required under the 10+2 requirements
– Reasonable Care guidelines for classifying your product
– Overview of Binding Rulings and how to apply for them
– Fines and penalties for non-compliance
– Working with suppliers and other global partners to establish the proper classification code for any product
– Any changes to the code will be discussed
What you will learn
After completing this course, you will be able to:
– Discuss the General Rules of Interpretation (GRIs).
– Develop a reasonable care process to classify.
– Apply the GRIs when classifying product.
– Differentiate between different GRIs and when one GRI is more specific than another.
– Identify the rate of duty applicable to products, and the reporting requirement for the unit of measure.
– Read and discuss the Customs rulings, and when to document them as part of a reasonable care process.
– Provide guidance to suppliers on what information is needed on the commercial invoice to classify product being purchased from them.