US Customs and Border Protection (CBP) issued ruling H290535 on September 29th, 2022, which specifies that CBP interprets suppliers providing HTS Classifications to US Importers of Record as “transacting customs business” and requiring a customs brokerage license.
Last May, the National Competition for Customs Valuation and HS Classification was held by CVCI (Customs Valuation & Classification Institute, affiliated organization of Korea Customs Service).
A total of 369 people, including 21 organizations, participated in the HS Classification competition, and 271 people, including 11 organizations, participated in the Customs Valuation competition.
Topics: Classification, Tradewin, Customs Valuation
In a recent competition regarding Customs Valuation, hosted by the Customs Valuation and Classification Institute under Korea Customs Services, our Tradewin Korea team won an Excellence Award.
Topics: Classification, Tradewin
The other night I was watching The Devil Wears Prada, one of my favorite movies. The best character is, of course, Miranda Priestly (played by Meryl Streep, in a role which is rumored to be based on real-life Vogue editor-in-chief, Dame Anna Wintour). Miranda’s character in the movie dictates “style” – but isn’t style, like beauty, in the eye of the beholder?
Topics: Classification, Tradewin
What if I told you classifying an airplane was like classifying the parts of the human body. Don’t worry, you don’t have to be an anatomist to be able to classify an airplane, but the intricacies do draw some parallels. The human body is made up of organs, tissue, muscles, bones, tendons, etc., whereas an airplane is made up of panels, motors, computers, seats, bolts and screws, and thousands of other parts.
Topics: Classification, Tradewin