Tariff Classification Clause Samples
The Tariff Classification clause defines how goods or services are categorized under applicable customs or tax tariffs. It typically outlines the process for determining the correct tariff codes, assigns responsibility for classification (often to the seller or importer), and may require supporting documentation to justify the chosen classification. This clause ensures that the correct duties and taxes are applied, reducing the risk of disputes or penalties due to misclassification and providing clarity for both parties in cross-border transactions.
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Tariff Classification. The Parties shall apply the International Convention on the Harmonized Commodity Description and Coding System to goods traded between them.
Tariff Classification. The Parties shall apply nomenclatures of goods based on the current edition of the Harmonized System to goods traded between them.
Tariff Classification. The Parties shall apply the Harmonized System to goods traded between them.
Tariff Classification. For the purposes of this Chapter and Chapter Three (Rules of Origin), the basis for tariff classification would be the HS.
Tariff Classification. For purposes of this Chapter, the basis for tariff classification is the Harmonized System.
Tariff Classification. The Parties shall apply the International Convention on the Harmonized Commodity Description and Coding System done on 24 June 1986, to goods traded between them.
Tariff Classification. The Parties shall apply commodity nomenclatures based on the latest edition of the Harmonized System set out in the Annex to International Convention on the Harmonized Commodity Description and Coding System of 24 June 1986 (hereinafter referred to as “the Harmonized System”) to goods traded between them.
Tariff Classification. For the purposes of this Chapter and Chapter 3, the basis for tariff classification would be the Harmonized Commodity Description and Coding System Nomenclature.
Tariff Classification. The Company will provide the Dealer with HS tariff codes for customs clearance. If the Dealer has any queries on the tariff classification, the Dealer must consult with the Company first. Subject to consent and designation by both Parties, the Company or the Dealer may apply for a binding customs ruling or similar classification procedure from the Customs. The Dealer acknowledges that any breach of the foregoing obligations may impede the Customs ‘interpretation of the functions and features of the Products, which may in turn adversely affect the ultimate tariff classification decision by the Customs, resulting in likely additional duty costs, import licensing requirements and extra customs clearance processes for the Company and other Dealers of the Company.