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This Classification Under the Schedule B seminar focuses on how the Harmonized System is structured, how it works, and how to apply that knowledge to properly classify goods being exported from the United States. We’ll take you step-by-step through the General Rules of Interpretation that govern how the hierarchy of classification is applied to arrive at the correct commodity code.
Benefits of Attending
A thorough knowledge of the Harmonized System is essential for anyone involved in international trade. Proper classification of exported goods under the Schedule B is a regulatory requirement imposed by the Foreign Trade Statistics Regulations (Census Bureau), 15 CFR 30.7. Even if you rely upon an agent to assist in this process, the ultimate responsibility lies with the exporter.
A freight forward or other outside party may understand the schedule B well, but not be familiar with your product. If there is a misclassification, a penalty can be assessed against your company.
If you have foreign customers in any of the countries with which the United States has entered into a free trade agreement, such as NAFTA, CAFTA-DR, Australia, Singapore, correct classification of the materials incorporated into your good as well as classification of the good itself is critical to establishing the eligibility of the good for preferential tariff treatment. Your company can benefit from the competitive advantages of free trade agreement eligible goods only by determining the proper classifications.
Who Should Attend
This course is a basic primer for those new to exporting or to the classification of goods under the Harmonized System. It is also an excellent refresher for those who want to hone and refine their skills. Personnel involved in qualifying goods for eligibility under the various Free Trade Agreements will find this program of significant value. Anyone new to a position in which classifications were previously determined and want to ensure their accuracy should also attend.
Take Home Value
• Ensure your FTA tariff eligibility with proper classification of your goods.
• Fully understand the reporting requirements of AES.
• Learn to avoid shipment delays based upon the classification not matching the physical good
Why it's Important
Incorrect classification of exported goods can lead to delays in movement as well as administrative or civil penalties for violation of regulatory requirements.
Improper classification of materials used in the making of your product or of the product itself will result in erroneous determinations of eligibility under Free Trade Agreement.
The one-day agenda for the Classification Under the Schedule B seminar includes:
Registration & continental breakfast
The Harmonized System
• History & evolution
• Global Harmonization
• Comparison with the HTSUS
Structure of the Harmonized System
• Structure at the international level
• Numbering structure and nomenclature
Use of Chapter 98 in the Schedule B
Application of Notes to Sections & Chapters
General Rules of Interpretation
• The six General Rules
• Applying those Rules • Arriving at a classification
Additional U.S. Rules of Interpretation
Though application of the Harmonized System is never easy... clear and simple explanations plus numerous illustrative examples will ease the burden of applying the Schedule B to arrive at a correct classification of your exported goods.
Register Online above or
Call Unz & Co. Customer Service at 800-631-3098 to register
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Click here for printable registration form (pdf format)
FAX seminar registration forms to: (732) 868-0260.
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