Live Webinar Harmonized Tariff Schedule Classification
01:00 PM EDT | 10:00 AM PDT | 12:00 PM CDT Duration 90 Minutes
Webinar Includes : All the training handouts , certificate ,Q/A and 90 mins Live Webinar
"Hear By Jan Seal is a Management Consultant on International Trade and a Licensed Customhouse Broker with over 40 years of experience in imports and exports"
Understand the rules that are required to classify products in the Harmonized Tariff Schedule.
The World Customs Organization (WCO) revises the Harmonized Tariff Schedule once every five years at the international level of the harmonized tariff number (first six digits). These amendments went into effect on January 1, 2017. In addition, each member country can make their own modifications beyond the first six digits. Learn some of the new provisions that may benefit your company with free duty rates.
The Harmonized Tariff Schedule (HTS) is used by over 200 countries, territories, or customs unions around the world to assign a number to each product to establish the appropriate duty that should be paid when goods are imported into a country. The HTS is also used to determine whether goods are subject to quotas or free trade agreements. Proper classification is also vital for establishing eligibility under many free trade agreements, i.e. completion of the NAFTA Certificate of Origin for trade between U.S., Canada, and Mexico as well as trade agreements between the U.S. and Chile, Singapore, Australia, and the Central America-Dominican Republic.
Why Should You Attend:
Understand the rules that are required to classify products in the Harmonized Tariff Schedule. Minimize errors in classification and better prepare companies for import/export audits from the government. It will also assist companies who are eligible for free trade agreements, ex. NAFTA, and other agreements, in properly completing Certificates of Origin.
• History and legal text of HTS
• Structure of the HTS
• General Rules of Interpretation 1 through 6
• Examples of the Rules
• Additional U.S. Rules 1(a) through 1(d)
• General Notes
• Classification Rulings
• Amendments to the 2017 HTS
• Best Practices for HTS Written Procedures
Who will Benefit
• Freight Forwarders/Customhouse Brokers
• compliance personnel classifying goods under the HTS and qualifying goods under free trade agreements, ex. NAFTA and others.
Industries who can attend
This 90-minute online course is intended for professionals in the Import and export Industry. Although not presently stated in the draft , the same guide could be used by FDA Regulated Industries personnel