Customs classification the devil's in the data

Correctly classifying goods is a key skill that any business or professional involved in cross-border trade needs to have.
The commodity codes used when completing customs declarations and other trade documentation determine what duties may be charged for goods, among other requirements. This data is also used across the supply chain, so businesses need to ensure that it is correctly understood and used by all their partners.
This free one-hour webinar, hosted by the Institute of Export & International Trade in partnership with TariffTel, introduced customs classification as a skill and explained how businesses can ensure best practice across their supply chains.
It covered:
What customs classification is and why it’s important
Information used to classify goods
Importance of record-keeping and best practice for storing goods data
Digital solutions for managing the use of goods data across the supply chain
Upcoming developments in customs classification including Digital Product Passports and the Single Trade Window

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Very informative! Thank you for sharing! 😊