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Traders will need a classification code that represents your goods to enable you to fill out your customs documentation correctly and pay the correct duties and VAT. You can find the classification code by using the European Tariff, but if you're not sure that you have the correct code, you can apply for a Binding Tariff.
A Binding Tariff is a written and legally binding decision on a classification code from Revenue and Customs that applies for up to six years from the date of issue. It can help you with particular types of export and obeying rules of origin and they are legally binding throughout the EU.
Benefits of BTI for Traders
Legal certainty regarding tariff classification decisions.
Uniform application of the rules of classification throughout the Community.
Traders will be informed if any classification changes occur which affect their BTI.
Where a BTI is invalidated, due for example to a change in Community legislation, traders may be entitled to a "period of grace" in order to complete any binding contracts entered into on the basis of that BTI.
Some goods are restricted or prohibited for import and export and it is important that items are checked before they are shipped. Volume one of the European Customs Tariff contains a chapter on banned and restricted goods. Just because an item is listed as ‘Restricted; this doesn't mean however that it cannot be imported or exported, in certain cases, all that's required to comply with regulations will be an import or export license that allows shipping of the goods in question.
Binding Tariff Information and Restricted Goods
Customs and Commodity Codes
If you import or export goods from within the European Union, you should understand the importance of HS commodity codes.
When trading internationally, you will need to know the correct commodity code for your goods in order that customs paperwork can be completed accurately. The code is an eight-digit number for exports to outside the EU or goods moving within the EU, but constitutes a ten digit number for imports from outside the EU. Once you know the commodity code, other important information such as duty rates, licenses and any other import or export restrictions can quickly be identified.
For help and advice on selecting an appropriate commodity code for your products, please do not hesitate to contact us email@example.com
Atlas Forwarding offers tailor made services to meet your clearance and onward forwarding needs for all your imports.
Our Services include:
- Clearance of goods in Ireland and abroad, including temporary imports
- Support in understanding and calculating duty
- Organising documentation for clearance
- Assistance with temporary import and export, whereby we will liaise with customs on your behalf
- Tariff classification
- Support in avoiding demurrage charges
- Filing of export declarations