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Customs Trade Classification under the Harmonized Tariff & Schedule B

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Category Classification under the Harmonized Tariff Schedule B, Customs Trade Classification, Harmonized Tariff Schedule, Schedule B Code, Electronic Export Information, global supply chain, Harmonized Tariff Schedule, general structure of the HTSUS, Global Harmonized System, General Rules of Interpretation

Deadline: March 26, 2018 | Date: March 26, 2018

Venue/Country: Fremont, California, U.S.A

Updated: 2018-03-08 20:58:31 (GMT+9)

Call For Papers - CFP


Importers and exporters alike require a firm understanding of the Harmonized Tariff Schedule of the United States (HTSUS) and the Schedule B Code in order to properly apply the rules for classifying their products for import and export. Tariff classifications drive the duty rates that will be applied to imported merchandise, while Schedule B Codes (as well as their HTSUS classification counterparts) are required to be reported in exporters' Electronic Export Information (EEI) filings submitted into the Automated Commercial Environment.

Customs classifications are complex and often not intuitive. Learning the best ways to navigate the legal rules and best practices to properly assign trade classifications to your internationally traded goods will provide accurate rates of duty, improved financial forecasting, and avoid potentially damaging penalties for non-conformance. Correct classifications also provide the cornerstone for many trade agreement rules; therefore, inaccurate classifications can have a cascading effect throughout your global supply chain. It helps you avoid those potential pitfalls.

Objectives of the Presentation

Understand the Harmonized System and when to use the Harmonized Tariff or Schedule B

Learn how to classify goods in the Harmonized Tariff Schedule for import, and the Schedule B for export

Analyze different aspects of the U.S Harmonized Tariff Schedule

Understand the general structure of the HTSUS in detail

Execute the classification of products and objects based on the rules and regulations discovered

Learn what "tools" are out there to assist with your classification process

Avoid fines, penalties over payment of duties and other regulatory compliance problems

Why Should you Attend

Fortunes can be won and lost based on correct or incorrect trade classifications. Further, most trade agreements that provide for landed cost saving opportunities are based, at least in part, on a tariff shift theory, which can only be lawfully accomplished by understanding the rules for assigning import and export classifications.

This session by expert speaker Randi S. Waltuck Barnett will discuss the classification systems, what the legal rules are for applying them to your globally traded goods, and how best to meet the legal standard of exercising reasonable care when assigning classifications to your imported and exported merchandise. It will further discuss how to avoid significant potential penalties for material violations, and how to assure best-practices for trade compliance by understanding this business-critical, complex area of customs law.

Areas Covered

The Global Harmonized System

Anatomy of a trade classification number (Chapter, Heading, Subheading, and beyond)

Legal rules of trade classification, including the

General Rules of Interpretation (GRIs)

Section Notes

Chapter Notes

Additional classification tools beyond the legal rules to help you classify your goods

Best practices for researching and documenting assigned trade classifications, to meet the "Mod Act" requirements

Agent management methods to ensure that government declarations are accurate

Best practices for creating internal controls around import-export classification

Post-transaction self-assessment methods

Who will Benefit

Import Compliance

Customs and Export Compliance Managers and Personnel

Freight Forwarders

Customer Brokers


International trade consultants

Classification specialists

Import managers

US and Global Trade Compliance Professionals

Purchasing and Procurement Departments

Supply Chain Professionals

Attorneys and Legal Staff

International Logistics Professional

Sales & Marketing Professionals

All types of industries that trade in goods across North American borders

Any company that has imports, domestic sales of foreign goods, and/or exports

For Registration

Note: Use Promo Code YDEZ6H and get 10% off on registration (Valid till MARCH 31st 2018)

Keywords: Accepted papers list. Acceptance Rate. EI Compendex. Engineering Index. ISTP index. ISI index. Impact Factor.
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