HTS & Country of Origin Classification
HTS or 'Tariff Codes' and Country of Origin determine the correct amount of duty applicable to your Imported or Exported Goods. Stay compliant and apply the correct HTS codes to your documentation and pre alerts. Avoid overpayment of Import duty and advise your customers so they in turn, Import your goods at the correct rate of duty
How do Commodity Codes and Country of Origin affect trade?
Applying an incorrect Commodity Code on your Export paperwork could mean that your client pays more in Import duty than they should, making your products more expensive than they really are. Supplying incorrect codes when Importing, could lead to your business paying lower duty than you should and risking the penalties that could follow. In addition, Country of Origin information will also affect duty rates and is an often overlooked aspect of Customs Declarations.
HTS Classification
Allow Hillfort to visit your inventory and, using the UK trade tariff, help you establish a system for accurate HTS classification. Stay compliant, stay competitive
Country of Origin designation
We can explain, how to find out the Country of Origin on Imports and help you with the information that determines the country of Origin on Exports, We can explain the pitfalls and advantages of Preferential Origin statements on Import/Export Documentation.
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