Workshop B — Getting Classification Right — Critical Keys for Compliant HTS Classification and Minimizing Duty Rates: Rules and Requirements, Grey Areas, and Identifying the Triggers for Delays and Penalties

Nov 7, 2022 1:30pm – 5:00pm

Paul Raglow
Director,
Global Trade Compliance

Axalta Coating Systems

David P. Sanders
Partner
Cassidy Levy Kent

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 2022 Revision 5 Harmonized Tariff Classification Schedules, expert faculty members will share practical tips on how to reduce duty rates.

  • The key factors driving the HS 2022 amendments
  • 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
  • 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