What the heck is cargo insurance and who needs it? Last year, TRG helped us understand more about customs bonds. This year they’re back by popular request to talk with us about cargo insurance! Cargo insurance plays a vital role in protecting your goods during transit, yet many businesses overlook its importance or misunderstand its application. In this webinar, TRG will provide a high-level overview of cargo insurance, focusing on the different types of coverage, key considerations, and the process of selecting the right policy for your needs. We’ll also delve into the intricacies of claims and how to ensure that your shipments are adequately protected from potential risks.
HTSUS Classification
HTSUS Classification
November 10, 2021/
Accurate classification is all about the details.
This conversation discusses the fundamentals of HTSUS Classification and why it matters to your organization. Avoid common mistakes and learn fundamentals to keep your company compliant.
The Harmonized Tariff Schedule of the United States (HTSUS) is the legal basis for application of tariffs and duty rates. It also informs any tariff-related programs, including USMCA and other Free Trade Agreements, AD/CVD, Section 232, Section 301, and many more.
There are more than 18,000 HTSUS classifications across 22 Sections and 99 Chapters. The HTSUS is 10 digits long: the first six from the HS plus two at the Tariff-Item level where duty rates are applied and two more for statistical reporting.
Topics Include:
- Navigating the HTS
- Classification of Parts
- Parts of General Use
- HTS Variants
- Explanatory Notes
- Legal Notes
- How to Classify
- Examples & Best Practices
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