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3-Hour Virtual Seminar on Understanding the HTSUS and Schedule


Date
May 04, 2021 - 07:00 PM
Organizer
WCS
Venue
online
Location
WCS Consulting Inc.3190 Stirling Rd, Unit K4 ,Hollywood, FL 33021,

Hollywood,
FL,
US,
ZIP: 33021
Phone: 844-267-7299 | 954-947-5671  

Overview
Importers and exporters must know how to classify their products. Failure to do so, can result in costly fines and penalties. Importers must understand commodity classification via the Harmonized Tariff Schedule of the United States (HTSUS). And exporters must understand how The Schedule B (also known as the Statistical Classification of Domestic and Foreign Commodities Exported from the United States) works. The Schedule is used to classify commodities for export from the United States.
This knowledge is necessary:
1. To determine applicable import tariff rates and whether a product qualifies for a preferential (that is, reduced or free) tariff under a free trade agreement or whether it is subject to additional duties
2. (For exporters) To file the Electronic Export Information (EEI) in ACE; and
3. To complete shipping documents, such as certificates of origin;
4. To avoid costly fines, penalties, shipment delays; and
5. To stay out of trouble with U.S. Customs and Border Protection (CBP), the U.S. Census Bureau, and other U.S. federal entities, and avoid costly and aggravating penalties.
Through the webinar, you will learn about the Harmonized System (HS) of Classification, commonly referred to as the Harmonized Code. Classification of goods under the HS is governed by a series of General Rules of Interpretation (GRI), Legal Notes, Rulings and Legal Decisions – all of which you understand and appreciate. In addition, and most importantly, you will learn and understand the principles of classification, which includes the following: an understanding of the international and U.S. tariff layouts; Explanatory Notes; duty rates; HTSUS and Schedule B chapters and sections; free trade agreements and special programs; Chapter and Section Notes; and Additional Rules of Interpretation

Session Highlights
  • History and legal text of HTS
  • Structure of the HTS
  • Rates of Duty
  • General Rules of Interpretation 1 through 6
  • Examples of the Rules
  • Additional U.S. Rules 1(a) through 1(d)
  • Chapters 98 & 99 Provisions in U.S.
  • Differences Between Schedule B & the HTS
  • General Notes
  • Classification Rulings
  • Best Practices for HTS "Written Procedures"
  • Classification Exercises during webinar
  • "Interactive" Q&A during webinar
  • Resources

Who should Attend?
Exporters
Importers
Purchasing
Sales/Marketing
Accounting
Shipping/Receiving
Engineering/Manufacturing
Customhouse Brokers
Compliance personnel completing the NAFTA Certificate of Origin
Attorneys/Consultants
Customer Service
Logistics
Transportation
Legal
Freight Forwarders/Customhouse Brokers
Compliance personnel classifying goods under the HTS or Schedule B and qualifying goods under free trade agreements, ex. NAFTA and others.


Learning Objectives
The HTSUS is all about assigning numbers and duty rates to items that are to be or already have been imported into the U.S. The HTSUS is "harmonized" in the sense that most of the major trading partners of the United States use the same basic arrangement of tariff items. Attendees will become familiar with the framework of the HTSUS and Schedule B and gain confidence from learning how to make proper use of them.


Speaker Details


Speaker

Martin is a customs and international trade lawyer admitted to practice in New Jersey, New York and Pennsylvania, and before the U.S. 

 Wcs Seminars
Registration Details
(Contact us : 844-267-7299 | 954-947-5671  
Don't wait. Register TODAY or  Email  US [email protected]

Event Categories
Keywords: pharmaceutical




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