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Research on TARIFFS in your shipping documents
Post 1 of 16

Hello every one here on Documents & Shipping

I have learned that before shipping any goods from pint A to point B, it is very important to do fill out the document the right way. This means, you have to describe your goods as the customs requires. There are some numbers you have to know in order to ship your goods to Europe.

Let’s see, you have to write the commercial invoice. What is the content of it? Position, quantity, unit and model/description. So far pretty easy, but when it comes to the description you will need some more Information of you product. There are such numbers as ECCN No. and TARIFF Codes.

An Export Control Classification Number, or ECCN, is an alpha-numeric code given to manufactured items by the United States Department of Commerce. The codes are used by exporters to determine whether a special license is needed to export the item because it has been determined to have a military or national-security component. It does not matter, where the country of origin is. See also
http://www.bis.doc.gov/licensing/ExportingBasics.htm for further information.

Now to the Tariff codes

An import tariff or import duty is a schedule of duties imposed by a country on imported goods.It is paid at a border or port of entry to the relevant government to allow a good to pass into that government's territory. In medieval and ancient times, such tariffs were even collected by local governments. Now this is very rare. Typically they are collected by national governments or, in a customs union, by the regional authority.The tariff can be levied on a percentage of the value of the import, or the amount of the import (amount per unit of import). Tariffs are traditionally designed to raise revenue for the government, however they can also be for;

Reducing the level of imports by making them more expensive relative to domestic substitutes (this lowers a balance of trade deficit).

To counter the practice of dumping by raising the import price of the dumped good to market level.

To retaliate against trade barriers imposed by another country, a trade war.

To protect key industries such as agriculture, such as the European Union has done with its Common Agricultural Policy.

To protect a new industry until it is sufficiently well established to compete on the international market

All Tariffs are harmonized. The Harmonized Commodity Description and Coding System (HS) of tariff nomenclature is an internationally standardized system of names and numbers for classifying traded products developed and maintained by the World Customs Organization (WCO), an independent intergovernmental organization with over 160 member countries based in Brussels, Belgium.The HS is a six-digit nomenclature. Individual countries have extended it to ten digits for customs purposes, and to 8 digits for export purposes. Almost 200 countries, representing about 98% of world trade, use the HS as a basis for:

Customs tariffs

Collection of international trade statistics

Rules of origin

Collection of internal taxes

Trade negotiations (e.g., the World Trade Organization schedules of tariff concessions)

Transport tariffs and statistics

Monitoring of controlled goods (e.g., wastes, narcotics, chemical weapons, ozone layer depleting substances, endangered species)

Areas of Customs controls and procedures, including risk assessment, information technology and compliance.

13 Jul 2006 04:32
Post 2 of 16



Part two:

Here are some links to helpful sites:

http://www.foreign-trade.com/reference/hscode.htm

http://www.wcoomd.org/ie/En/AboutUs/aboutus.html

http://www.hscodes.com/

http://www.census.gov/

And that there are the TARIC numbers:

TARIC (Integrated Tariff of the European Communities) is designed to show the various rules applying to specific products when imported into the EU. This includes the provisions of the harmonised system and the combined nomenclature but also additional provisions specified in Community legislation such as tariff suspensions, tariff quotas and tariff preferences, which exist for the majority of the Community’s trading partners. In trade with third countries, the 10-digit Taric code must be used in customs and statistical declarations.

http://ec.europa.eu/taxation_customs/dds/en/tarhome.htm

http://useu.usmission.gov/agri/taric.html

You see, you have to do your homework in order to keep your self out of trouble with the customs.

 

13 Jul 2006 04:45
Post 3 of 16
Replying to [detronic]:

Thank you, dude! Those info are helpful, but...I don't think you need to do so much homework. A invoice, P/L and H.S.No. would be enough.

You can't do all the jobs, let the custom broker to do the rest works. OK?





[em3][em3][em3][em3][em3][em3][em3]
13 Jul 2006 22:22
Post 4 of 16
Quoting from [cbeebies]:


Replying to [detronic]:


Thank you, dude! Those info are helpful, but...I don't think you need to do so much homework. A invoice, P/L and H.S.No. would be enough.


You can't do all the jobs, let the custom broker to do the rest works. OK?






[em3][em3][em3][em3][em3][em3][em3]


You are right, it is better to hire an agent or broker, but some guys start with a small business and they are not be able to hire somebody. With my next post I will give some further information on importing step by step for beginners.

TC
13 Jul 2006 22:39
Post 5 of 16
Summer Niu
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No Company Website yet
Overall Ranking MVP:92 Rank:55,917
Replying to [detronic]:

Wow,Dear Detronic.Another professional.You do a good job.

I think passers-by will appreciate your knowledge.

[em19]

Want to talk with you.Would you please write me?
14 Jul 2006 02:03
Post 6 of 16


Awesome work Dieter!  Thank you very much!
17 Jul 2006 19:41
Post 7 of 16
Quoting from [bmpc]:




Awesome work Dieter!  Thank you very much!


Thanks, most from the internet
17 Jul 2006 21:40
Post 8 of 16
Replying to [detronic]:

Hi Dieter,

for an Diabetic with former Hypertension, your new Avatar, oh oh !

rgds
Wilhelm
17 Jul 2006 22:41
Post 9 of 16
Quoting from [wilhelm]:


Replying to [detronic]:


Hi Dieter,


for an Diabetic with former Hypertension, your new Avatar, oh oh !


rgds

Wilhelm



I had to change my life

[em2][em2]

17 Jul 2006 23:31
Post 10 of 16
Replying to [detronic]:

I have gone through your part one and part two summery for exporters into EU & USA., It is necessary to know all for Foreign trade.and also update the documentation works.

if possible try to give some guidelines
L/C,UCP,Marine Insurance,& etc
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19 Jul 2006 06:04
Post 11 of 16
Mr Nick
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Replying to [detronic]:Does this tarrif also affect Nigeria and if not how do I know of Nigerian tariff.[em19]
02 Aug 2006 04:44
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