Taking apart the brain of the HTS. The General Rules of Interpretation (GRIs) are the way we apply the Harmonized System (HS) to classify goods in international trade. This webinar delves into each GRI, providing a thorough understanding of each rule and its application. We’ll break down complex scenarios, offer tips for accurate classification, and help you navigate common pitfalls. By mastering the GRIs, you can ensure correct tariff classifications and enhance compliance with global trade regulations.
Import & Export Disclosures in International Trade
Import & Export Disclosures in International Trade
February 16, 2021/
Disclosing your mistakes on Imports & Exports Errors made while transporting goods to and from the United States may give rise to substantial monetary penalties under Customs laws. These penalties, however, may be avoided or reduced by filing the proper voluntary self-disclosure and/or prior disclosure.
Topics Include:
- What’s the difference between a voluntary self-disclosure (VSD) and prior disclosure (PD)?
- When should I submit a disclosure?
- Will I be protected if I submit a VSD or PD?
- What if I don’t file any disclosure?
- What kinds of fines and penalties can I expect?
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