Understanding HTSUS and Schedule B Code Classifications

This HTSUS & schedule B code webinar will discuss on how to use Section and Chapter notes. Attendees will also become familiar with the scary General Rules of Interpretation, all of which will become non-threatening and very useful to you. Attendees will learn the basics of import (and export) product classification. Lastly, attendees will learn how to approach CBP for help with classification determinations.

Why Should You Attend:

Importers need to know their product’s Harmonized Tariff Schedule of the United States (HTSUS) numbers. By becoming familiar with the Harmonized System, exporters will become familiar with how The Schedule B (also known as the Statistical Classification of Domestic and Foreign Commodities Exported from the United States) works. This knowledge is necessary:

• You should attend if you need help in classifying products.
• You should also attend if you no longer want to be mystified or intimidated by the HTSUS.
• To determine applicable import tariff rates and whether a product qualifies for a preferential (that is, reduced or free) tariff under a free trade agreement;
• (For exporters) To file the Electronic Export Information (EEI) in ACE
• To complete shipping documents, such as certificates of origin
• To keep importers happy
• To stay out of trouble with U.S. Customs and Border Protection (CBP0 and other U.S. federal entities, and avoid costly and aggravating penalties.

Areas Covered in the Webinar:

• Introduction to and the differences between the HTSUS and Schedule B Code
• The Six General Rules of Interpretation (GRIs)
• Additional U.S. rule of interpretation
• Applying the section and chapter notes of the HTSUS
• Using the World Customs Organization's (WCO's) explanatory notes
• Binding rulings issued by US customs and border protection and informed compliance publications
• Handling special classification issues (Parts, Kits, Sets)
• The importance of commerce invoice descriptions
• Review the roles of a customs broker, freight forwarder and importer/exporter of record
• Determine the difference between duty, user fees, and antidumping/countervailing duties
• Best Practices for effective product classification processes

Who Will Benefit:

• Customs and Export Compliance Managers and Personnel
• Freight Forwarders
• Customer Brokers
• Importers
• 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
• Exporters
• logistics companies, including 3PL and 4PLs
• Ocean, air and other freight forwarders