Question

Importance of classification of goods under sale of goods act

Answer 1

If you intend to move goods to and from the UK, it's essential that they're classified in order to identify what duties and controls apply and ensure a correct customs declaration. Whether or not you have an agent who handles customs entries on your behalf, you have a legal responsibility to ensure the correct classification is applied. Incorrect classification can lead to delays in clearing goods, overpayment of duty and possible penalties.

THESE ARE THE IMPORTANCE OF CLASSIFICATION OF GOODS UNDER SALES OF GOODS ACT.

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