Why you must classify UK imports and exports
From:
HM
Revenue & Customs
First published: 22 June 2016
Part of:
Classification
of goods
Why classifying goods that you’re moving to or from the UK using commodity codes is important.
Contents
1.
Why
you should classify your goods
2.
What
commodity codes are used for
3.
See
more like this
Why you should classify your goods
Customs
Code Implementing Regulation 2454/93, Article 199 states
you, as the importer or exporter, are legally responsible for the correct Tariff classification of your goods, even if you employ an agent to handle your customs entries on your behalf.
Classify goods and commodities to:
·
identify what duties and controls apply
·
make correct import and export declarations
·
make sure correct customs declarations and Intrastat returns
are made
Classifying your goods correctly means that you:
·
pay the correct amount of duty and VAT
·
know if duty is suspended on any of your goods
·
know if any preferential duty rates can be applied
·
know if you need to obtain an import or export licence for items such as:
·
plant and animal products on health and conservation grounds
·
firearms
·
hazardous materials
·
know if excise or anti-dumping duties apply
·
avoid paying interest on back-payments for incorrect classification
·
avoid seizure of your goods or delays to their movement
Some goods (such as those covered by the Common
Agricultural Policy of the EU, anti-dumping
duties or tariff
quotas) are subject to specific controls.
By correctly classifying these products you’ll know what measures apply to them.
Find out how
to classify goods and commodities.
What commodity codes are used for
All imports or exports (including goods
sent to the UK from abroad) must be declared to HM Revenue and Customs (HMRC) using a commodity
code.
HMRC use commodity codes in the UK
Trade Tariff to classify individual
products.
Commodity codes are also used on import and export declarations and Intrastat returns.
Other government departments also rely on Tariff classification for licences and other documents.
Published: 22 June 2016
From:
HM
Revenue & Customs
Part of:
Classification
of goods