Tariff Classification and Customs Valuation Workshop
All goods and materials imported into the Customs Territory of the United States must be classified. The process of determining a goods’ or material’s proper placement within the Harmonized Tariff Schedule of US (HTSUS) is called classification. Classification determines not only how much duty will be collected by Customs and Border Protection (CBP), but may also dictate the Rules Of Origin for duty preference programs eligibility such as NAFTA and GSP. Accurate classification involves a complicated process of applying the HTS General Rules of Interpretation, the Legal Notes, additional Explanatory Notes, and customs valuation.This class concentrates on tariff classification and customs valuation. Students will thoroughly review the customs valuation laws with an emphasis on both compliance and the opportunity to reduce duty. This topic is vital for preparing to take the Customs Broker License Examination.
Topics
• HTSUS including the structure, The Legal Text, Heading and Subheading provisions, Section, Chapter, and Additional U.S., Statistical and Subheading Notes
• The General Rules of Interpretation (GRI’s)
• Determining the essential character of a product,
• Classification strategies, obtaining and challenging a classification,
• Application for Tariff Determination
• Six Methods of Valuation
Who should attend?
• Importers including owners, import assistant, import specialist
• Freight Forwarding Agents
• Customs Entry Writers
• People who wants to take the Customs Broker Exam
Instructor
Michael Yan is both a certified US Customs Broker and an owner of a US Customs Brokerage firm. He also has a MS of International Transportation Management from SUNY Maritime College. He has more than 15 years working experience and many years’ experience in teaching US Customs Broker Licensing Exam Preparation Class in New York and New Jersey.
Schedule
3 session per workshop, 3 hours per session, $360 per workshop
Please click here to request for workshop brochure, class schedule and class demo