Company
B imports a range of products from the USA
paying duty at 6.5%. On examining the nature
and functionality of the products we identified the possibility that some of the products could be classified under a different tariff heading at a lower rate of duty.
We obtained Binding Tariff
Information (BTI) for all the products.
The BTI’s provided confirmation that
some of the products were classifiable at
the lower rate. The company obtained a refund
for the overpayment of duty on the goods
that were incorrectly classified and achieved
significant ongoing savings arising out
of the new classification.
(BTI: Provides traders with
tariff classifications that are legally
binding.)
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