Are your parts classifications accurate and up-to-date?
Correct customs tariff classification of parts can be a complex undertaking but is an essential part of corporate compliance. Without correct classifications, it is not possible to achieve the correct customs duty calculation or preferential treatment determination.
However, it is a fact that everyday people in different divisions of a company make decisions about customs tariff classifications, which often result in double effort and inconsistency for the same products – an offence which is easily and quickly proven by the authority and often entails costly warnings.
To avoid this, a central and standardized product classification is required.
You’re invited to learn how MIC's Central Classification System (CCS) helps companies precisely classify parts to conform to multi-national customs tariff schedules while reducing costs and workload. CCS simplifies the determination, validation and assignment of the classification with the help of artificial intelligence and machine learning (AI/ML) while providing the relevant tariff content in a user-friendly. Our software permits clear and easy control of the entire product classification process e.g., via a full workflow management with the ability to manage multiple teams on a global basis.
Increase your compliance and REGISTER NOW!