Today we're going to talk about classification and  the number one question we get is why is a proper classification important? 

Anything that's brought into the United States must be classified according to the harmonized tariff schedule, and it's given a number and duties are assessed against that number. And other requirements such as federal other federal laws are applied against that number. And if the number is wrong, companies can be penalized for allowing those goods to come into the country improperly.

So it's extremely important. The first step in bringing anything into this country is to determine what the harmonized tariff number is. Individual companies importing the goods must institute the correct procedures to make sure that they classify their goods properly.

We hope you will gain some valuable insight into the world of customs tariffs. With all the supply chain challenges the world is facing, our aim is to maximize your duty drawback dollars and boost your bottom line. We hope you'll subscribe to our podcast to stay current with each new episode in which will unveil numerous ways to improve your international trade profitability. Thanks for listening.