All goods have a Customs Commodity Code Number (CCCN), sometimes
referred to as a tariff number. The CCCN dictates the rate of customs
duty that must be paid. In addition, the CCCN is used to control
special measures (e.g., licensing and quotas) and to compile trade
statistics.
There are over 15,000 CCCN's detailed
in EU's Integrated Tariff. It is the responsibility of the importer,
or exporter, to correctly classify their goods and declare the CCCN
to Customs. Please note that there are stiff penalties for incorrect
tariff classifications.
Tariff classification offers a number
of planning opportunities. For instance, a car attracting a customs
duty rate of 10% could be broken down, and imported in separate
consignments - such as car wheels, car body and parts of bumpers
- which attract lower rates of customs duty
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