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How important is the Harmonized System number? Do I need to know that number before I can determine if our goods qualify under NAFTA?
The benefits of NAFTA, for most products, are based on either Tariff-Shift or Value-Content Rules. Since determining the specific rule of origin applicable to a product is according to the Harmonized System, it is imperative the correct classification number be determined. If you have the wrong classification number, you will choose the wrong rule of origin, fill out the NAFTA Certificate of Origin incorrectly, and the importer will incorrectly claim the goods are eligible for NAFTA. Many rules of origin require classification of the bill of materials to determine qualification under NAFTA. Understanding the Harmonized System of tariff classification is a critical prerequisite for applying the rules of origin.
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