What is Tariff Engineering?
Tariff Engineering A legal process whereby importers structure products or shipments to lawfully benefit from lower customs duty rates by classifying goods under specific tariff codes, per WCO and national customs law.
Source: Incoterms 2020 (ICC), FIATA, IATA DGR, WCO
How is “Tariff Engineering” Used in Practice?
Through tariff engineering, the importer reconfigured the product composition to fall under a lower-duty customs classification, as documented in the import declaration.
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Who Needs to Know This Term?
- Freight Forwarders
- Supply Chain Managers
- Customs Brokers
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What is Tariff Engineering?
A legal process whereby importers structure products or shipments to lawfully benefit from lower customs duty rates by classifying goods under specific tariff codes, per WCO and national customs law.
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