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HS RE-CLASSIFICATION QUESTIONS The bottom line is that governments will be using their 2007 Customs Tariffs, incorporating the WCO changes, to process Import documentation as of January 1, 2007. You will need to have all of your imported items reclassified by that date to ensure that your imports will be continue to be cleared promptly and without penalty. How can I tell which SKU's I need to reclassify? Though some chapters are more affected than others, there are changes in many different areas of the Customs Tariff. If you have more than just a few parts or products, relying on manual checking via simple concordances will be time-consuming and inefficient. The Customs IQ™ Item Master Harmonized Code Analyzer can make this task a lot easier. This is a batch service that analyses your item list and tells you exactly how it is affected by the WCO changes. You send a simple spreadsheet containing the current HTS (Harmonized Tariff) code and whatever code you use to uniquely identify your items. That's all! We do not need any proprietary or confidential information. You receive:
How do I handle the "one to many" changes? You will need to compare your descriptive information for each part or product with the Harmonized System description associated with each of the possible alternative codes for that item. This includes the heading description and all the subheadings and un-numbered descriptive lines down to the final code that you use in your documentation. The Customs IQ™ Reclassification Wizard is a web-based interactive tool which collects the official Customs Tariff information for each item you need to re-classify and displays it in a convenient, easy to use format. Much faster and more convenient than flipping through multiple sticky-noted pages in the printed Tariff! Just logon and enter any part you wish to re-classify. You will see all the alternative new Harmonized codes as well as the 2006 code for comparison. Click on any or all of these codes to get windows containing the full Harmonized description hierarchy from the heading down. Drill down to Section, Chapter and Explanatory Notes. Print the content of the comparison list or any of the windows. Once you have found the code that applies you can copy and paste it into any data entry screen, spreadsheet or document. Call toll-free 1-877-328-7866 and talk to one of our global
trade compliance consultants. Or send an email to
info@CustomsIQ.com. |
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