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ARTICLE · 06 AUGUST 2024

The Importance Of The Correct Custom Tariff Classification

The custom tariff number is used to clearly identify goods, it facilitates the application of trade and tax rules...

European UnionInternational Law

The custom tariff number is used to clearly identify goods, it facilitates the application of trade and tax rules, the compilation of external trade statistics and the determination of the applicable customs and tax rates.

The custom tariff number is structured in a way that its digits define the class of the product, the chapter within that class, the category within that chapter and the description of the product within that category. The custom tariff code shows the custom duties, taxes and related procedures, applicable trade rules, quotas and contingents. It indicates which products are prohibited for import or export, or in which cases a licence, official certificate or other special condition is required.

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