Under the Mod Act, the importer became the only entity
that can legally be held liable for the classification of their
products.
If the Bureau of Customs & Border Protection (CBP) finds that
your commodity is misclassified, you could face some of these
consequences (not all inclusive):
-
Clearance delays
-
Penalties
-
Additional duties with corresponding interest from the time
the goods are entered into the United States.
Classification is a serious matter. Our Consulting Team is able
to provide you with expert classification advice. Our advisory
classification services range from classifying one product to
classifying an entire product line.
In certain situations, a binding ruling is recommended for your
protection. We offer to draft the binding ruling request and send to
Customs on your behalf. The ruling requests are presented to CBP so
that they are able to make the final determination with regard to
specific classifications, rates of duty, and other special
requirements for commodities of prospective shipments. Binding
Rulings are particularly effective. Once the tariff classification
is assigned by CBP for a particular commodity, the importer no
longer fears possible legal issues relating to fines, penalties or
litigation, with respect to the issue on which the ruling was based.
Shapiro’s Consulting Team will file binding rulings on your
behalf and provide detailed information relating to your product–
along with a sample (if available) – to CBP.
For more information regarding Advisory Classification Services
or to obtain a Binding Ruling, please contact our
Consulting Team.
