Classification of goods: are you paying too much tax?
- Thu, September 08, 2022
- 0 minute read
Rules change continuously within customs legislation and regulations; this can have an impact on the classification of goods. Keeping up with the latest developments is therefore very important, so that the information on your shipments is always correct and you can avoid risks.
If a product is classified under an incorrect commodity code, you run a number of risks. You may be paying too much import duty, or too little. This last case can lead to an additional assessment of import duties and even a fine. Of course, you want to avoid this.
Determining the correct commodity code or HS code can sometimes be difficult. Our customs specialists can help you with that. They have the right knowledge to determine exactly which commodity codes are applicable to your shipments, thus limiting your business risks.
Our customs advisors are ready to provide you with the best customs advice. Please contact us here.
