Customs ruling

A customs ruling is an official decision made by a country's customs authority regarding the classification, valuation, or treatment of goods imported or exported. It provides guidance on how specific products should be categorized under trade laws and tariffs, helping businesses understand their obligations for taxes and duties. These rulings ensure consistency and fairness in customs processes, as companies can rely on them to avoid disputes and comply with regulations. Importers and exporters often request rulings to clarify uncertainties about their products before they engage in international trade.