Phrases with «tariff classification»

Tariff classification refers to the process of categorizing or grouping imported or exported goods in order to determine the appropriate tariff or duty rate that will be charged on those goods. It involves examining the nature, characteristics, and components of a product to determine its correct classification code and the associated tariff rate. Essentially, it is a way to identify and assign a category or code for customs and trade purposes. Full definition

Sentences with «tariff classification»

  • Has your product triggered a change in tariff classification? (edc.trade)
  • The confusion stems from the fact that the one tariff classification often applies to multiple types of products. (canadianbusiness.com)
  • In fact, the proper tariff classification for panty liners was once the subject of a case at the Canadian International Trade Tribunal. (canadianbusiness.com)
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