Tariff Classification
/ˈtærɪf ˌklæsɪfɪˈkeɪʃən/
Definitions
- (n.) The process of determining the specific code under a customs tariff schedule that applies to goods for import or export purposes.
Accurate tariff classification is essential to calculate the correct duties on imported products.
Forms
- tariff classification
Related terms
See also
Commentary
Tariff classification requires familiarity with the Harmonized System codes; precise classification affects duty rates and trade compliance.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.