• Description

Description

In global exchange, the grouping of merchandise for customs designs is a basic viewpoint. Accurate classification determines the correct tariff rates, duties, and other regulatory requirements that apply to imported or exported goods. Tariff classification disputes can arise when customs authorities and importers/exporters disagree on the appropriate classification code for a specific product. Tariffs classification disputes in India pertain to disagreements regarding the appropriate categorization of goods for customs duties. Freight forwarders, acting as intermediaries between shippers and carriers, may become liable in such cases if they negligently misrepresent or misclassify goods, leading to incorrect duties being applied. Read more