Business Academy: Understanding Commodity Codes: A practical guide to classification and compliance

Part of the Business Academy’s Moving Goods Internationally Series. Click the click to view all events in the series.

What you’ll learn

• Explain the purpose and structure of commodity codes, including how and why accurate classification impacts duties, compliance, and trade processes.
• Apply the General Interpretative Rules (GIRs) and confidently navigate the UK Trade Tariff to classify goods using a step-by-step approach.
• Identify common classification risks and apply best practices, including when and how to use Advance Tariff Rulings (ATaR) to support compliance.

Description

This session will demystify how codes are structured, explain the General Interpretative Rules (GIRs) used to classify goods, and walk you through using the UK Trade Tariff with a real-world example. You’ll also cover Advance Tariff Rulings (ATaR), highlight common classification pitfalls, and share best practices to help you classify goods with confidence and compliance.