IS
THIS A PEN OR A CHEMICAL PRODUCT? * Tariff Classification
The Harmonized Tariff Schedule of the United States All goods imported into the United States
must be classified in a particular section and chapter of the Harmonized
Tariff Schedule of the United States (HTS). The particular tariff
classification of an individual product will determine the applicable
rate of customs import duty.
Tariff Classification of imported goods requires not only examining
the harmonized tariff schedule and tariff codes, but also reviewing
the chapter notes of the The Harmonized Tariff Schedule of the United
States, the explanatory notes of the Brussels Nomenclature as well
as reviewing the over 40,000 published rulings of Customs Headquarters
and National Import Specialists.
International Tariff Management (ITM) has been doing this work
for over 20 years and our experience has shown that about 10 -15%
of imported goods are classified incorrectly. Of these items
about 65% are costing the importer excessive duty charges whereas
35% are depriving the government of revenues. In either case, reasonable
care would require that the proper HS tariff classification be achieved.
We have been very successful in saving our clients excessive import
duty charges even when a ruling to the contrary was in place. Our
experience is that the U.S. Customs Service is not always given
complete information about the products that have been ruled on.
Our in depth analysis, technical expertise and dedication has proved
beneficial to our clients.
* The above item was incorrectly classified as a pen, and when reclassified
as a chemical product our client saved over $ 85,000 per year.
NO MATTER HOW BASIC YOUR PRODUCT MAY SEEM, THE IMPORT TARIFF CLASSIFIATION
MAY BE INCORRECT.