“Need-to-Knows” for Compliant HTS Classification and Minimizing Duty Rates: Rules and Requirements, Grey Areas, and Identifying the Triggers for Delays and Penalties

November 29, 2017 11:00am

Bruce Shulan
Stein Shostak Shostak Pollack & O’Hara (Washington, DC)

Classification is the most fundamental task when filing entries, determining duty liability, calculating final costs, and auditing your trade compliance program. In addition to de-mystifying the Harmonized Tariff Classification Schedules, expert faculty members will share practical tips on how to reduce duty rates.  
  • How to use the Harmonized Tariff Schedule and where companies make mistakes
    • Understanding HTSUS structure and framework
    • Applying relevant section and chapter notes, heading and subheading notes, general notes and explanatory notes, and using the rulings as guides
    • Key pitfalls to avoid when complying with Chapters 84, 85, and 90
  • New audit regimes for classification
  • Developing internal controls, policies, and procedures to ensure compliance
  • What to do when classifying unusual goods and common gray areas
  • Understanding the most common triggers for delays and penalties