Question

Explain the classification of goods (merchandise)​

Answer 1

Answer:

Here the Answer:::------

It means determining the subheadings or further subdivisions of the Combined Nomenclature (CN) under which the goods will be classified. Classification is not just used to determine the customs duty rate for a specific subheading. It is also used to apply non-tariff measures.

There are three main types of goods:

• existing goods

• future goods,

• contingent goods.

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