Determination of customs classification
The assignment of the combined nomenclature code (CN) for exports and the TARIC code for imports directly affects the determination of duty rates, the application of restrictive or preferential measures, the identification of the origin of goods, and the correct “Made In” indication.
Risks and implications of incorrect classification
Incorrect classification can result in incorrect duties, customs disputes, delays in customs clearance, and significant impacts on supply chain times and costs.