Classifying Your Products for International Trade Plain Talk and (Fremont, CA)

Classifying Your Products for International Trade Plain Talk and

Overview Importers must know how to classify imported products using the Harmonized Tariff Schedule of the United States (HTSUS).By becoming knowledgeable of the Harmonized System (HS) importers will know how to use the HTSUS properly. Exporters knowledgeable about the HS will understand how to use The Schedule B (also known as the Statistical Classification of Domestic and Foreign Commodities Exported from the United States) properly. Knowledge of the HTSUS and Schedule B is necessary To determine applicable import tariff rates and whether a product qualifies for a preferential (that is reduced or free) tariff under a free trade agreement To permit the accurate filings of import entries with U.S. Customs and Border Protection For exporters to file accurate the Electronic Export Information (EEI) filings with the U.S. Government To accurately complete shipping documents like import and export invoices To keep importers exporters and others in the international supply chain secure and happy To stay out of trouble with U.S. Customs and Border Protection the U.S. Census Bureau and the Bureau of Industry and Security To avoid import and export clearance delays and possible seizures of imported and exported products as well as the loss of customer good will To avoid costly and aggravating fines and penalties s www.compliance4alllearning.com webinar classifying-your-products-for-international-t rade --plain-talk-and-understanding-503356LIVE