Tariff Classification

Tariff classification is the process of categorizing goods to determine applicable customs duties and taxes when they are imported or exported. Each product is assigned a specific code based on its characteristics, such as material, purpose, and manufacturing method, which corresponds to a uniform system, like the Harmonized System (HS). Proper classification ensures that trade regulations and tariffs are applied accurately, impacting pricing and compliance. It helps customs officials track international trade and enforce trade laws while aiding businesses in understanding their costs and legal obligations.