How to Obtain an Advance Ruling via a Binding Tariff Information (BTI) in Europe
When importing goods into the European Union (EU), one of the most critical steps is determining the correct tariff classification for your products. The tariff classification, defined by the Harmonized System (HS) code, dictates the applicable customs duties, taxes, and regulatory requirements. However, with over 5,000 commodity codes in the EU’s Combined Nomenclature (CN), classifying goods can be a daunting task. Misclassification can lead to costly delays, penalties, or even legal disputes.
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