Proactive HTS Classification: Getting It Right Before the First Shipment
Companies are becoming increasingly proactive with their HTS classifications, recognizing the omportance of ensuring accuracy before goods enter the United States rather than addressing potential compliance issues after importation.
The Challenge:
Our client approached us to classify a new line of backpacks and backpack attachments manufactured in China that they planned to add to their existing product catalog. Rather than relying on assumptions or waiting until the products were imported, our client wanted to ensure its classifications were accurate before bringing the goods into the U.S.
The Solution:
ITM conducted a thorough review and analysis of each product to determine the appropriate HTS classifications and identify any applicable additional tariff provisions.
The Results:
By taking a proactive approach, our client was able to:
The Takeaway:
Accurate HTS classification goes beyond identifying the correct 10-digit code. With evolving trade policies, Section 301 and Section 232 tariffs, and increased CBP enforcement, importers need to understand the full scope of duties and additional tariff provisions applicable to their products.
By classifying its products before importation, our client was able to take a proactive approach to compliance, better understand its potential tariff exposure, and reduce the risk of costly errors down the line.
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