Sentences with phrase «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
Has your product triggered a change in tariff classification?
The confusion stems from the fact that the one tariff classification often applies to multiple types of products.
In fact, the proper tariff classification for panty liners was once the subject of a case at the Canadian International Trade Tribunal.
Provided advice to a major Chinese company with respect to the proper Canadian tariff classification of products to be sold to Canada.
Assisted numerous companies with complex audits initiated by CBSA into issues such as tariff classifications, NAFTA rules of origin, transfer pricing and value for duty.
Assisted brokers and shipping agents to ensure compliance with current U.S. trade regulations and confirmation of correct tariff classifications and proper tariff monies paid.
For example one of the affected tariff classification affected by the 3922.10.00 covers «[b] aths, shower - baths, sinks and wash - basins».
«Music devices like iPods are imported into Canada duty - free under a long - standing special tariff classification from 1987.
Represented a world leader leader in designing and manufacturing industrial gas turbines in a single program customs audit involving its compliance with tariff classification rules
Later I discovered that Canada Post has a website where consumers who wish to ship goods to Canada can obtain Canada Post's recommended tariff classifications.
The exact tariff classification would vary based on the material from which the sanitary towel (pads) or tampon is made, with the applicable Most Favoured Nation (MFN) rate duty ranging from duty free to 12 %.
In the case, «[t] he CBSA argued that these items are seats and fall under tariff classifications 9401.71.10 and 9401.80.10 which have associated tariff rates of 8 per cent and 9.5 per cent, respectively.
«The Advance Rulings for Tariff Classification program was implemented to provide certainty and predictability to importers, exporters, and producers,» said John Preston, President of Dominion Customs Consultants.
While this is not authoritative, it would be surprising if Canada Post, as a shipper of imported goods, is recommending incorrect tariff classifications.
Our Customs and Trade practice focuses on all Canadian issues affecting the movement of goods to and from Canada, including tariff classification, origin, valuation, marking, seizures and ascertained forfeitures, and export controls.
Advising clients on tariff classification, valuation, origin determinations and marking, duty drawback and Foreign Trade Zones and assessing risk levels.
That special tariff classification was in no way altered by recent changes to the General Preferential Tariff foreign aid program.»
One of the ways a company can determine the correct tariff classification for a product is to obtain an Advance Ruling from the Canadian Border Services Agency (CBSA) which is a legally binding decision assigning a tariff classification to a product.
* At a recent House of Commons Standing Committee on Finance meeting, a number of Conservative MPs objected to my characterization of the GPT changes affecting «thousands and thousands» of products, when the changes only apply to roughly 1290 tariff classifications.
As the paper indicates, companies often struggle with proper tariff classification as «the 2001 Report of the Auditor General of Canada revealed that 29 percent of tariff classifications provided by importers were incorrect, with 48 of the 53 companies examined making at least one error in classification».
The CBSA would like to clarify the tariff classifications for iPods as well as other electronics:
The trade agreement requires a certificate of origin that forces companies to do complex calculations on how much of their products originated in North America, and then whether or not they meet rules of origin applied to the product's tariff classification.
Advance Rulings ensure that the tariff classification is deemed correct by the CBSA, and the ruling is binding until it is revoked or amended;
Advance Rulings must include «the tariff classification number and the reasons why (the tariff classification) was selected» and,
In addition, the United States proposed to end tariff - shifting, a new name for the longstanding practice of changing the treatment of a product through substantial transformation that results in a change in the tariff classification of an item.
Every component has a unique HS Code or tariff classification.
I felt that was not enough to go on, so I then spent two hours digging through every source I could find, including CBSA Advance Rulings for Tariff Classifications and past Canadian International Trade Tribunal decisions.
The special tariff classification 9948.00.00 provision allows for special tariff treatment of items that enhance the use of computers and video game systems (among other things).
While the Customs Act contains the administrative rules necessary to (among other things) value imported goods, the Customs Tariff sets out the tariff classification and rates of duties imposed on these goods when they are imported into Canada.
These areas include: doing business abroad, including through low tax jurisdictions; the remittance of foreign earnings from foreign subsidiaries of Canadian corporations; planning for interaction with Canada's network of international tax treaties and international tax issues; transfer pricing; personal emigration from and immigration to Canada; customs planning, including customs valuations, tariff classification and rules of origin considerations.
Robert is involved in planning and advising clients in connection with the goods and services tax, the harmonized sales tax, provincial sales tax, customs valuation, tariff classification and redeterminations, import / export restrictions, and various aspects of the North American Free Trade Agreement and other trade agreements to which Canada is a party.
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