Understanding Commodity Codes

Understanding commodity codes is vital to internationally trading businesses.

Commodity codes are used worldwide to determine the customs duty and other charges levied on the goods when importing and exporting. They also determine any preferential treatments or restrictions and prohibitions that may apply to the goods and are used for monitoring trade volumes and applying international trade measures.

This virtual half day course will provide an insight into what commodity codes are and how getting them wrong can have a big impact on your business.

By attending this course, we will ensure you:

• Are aware of what a commodity code is and what it is used for
• Understand the process of how to classify goods
• Successfully classify a range of goods
• Understand the importance of getting your commodity codes correct.

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