2023 DANANG COMPANY TRIP
DA NANG 2023 - KEN LOGISTICS TEAM BUILDING - KEN GO EVERYWHERE Thanks all Ken members for joining and creating this memorable team building!
IMPORTANCE OF THE CORRECT HS CODE AND UTILIZING PRE-DETERMINATION OF CODE
HS CODE stands for Harmonized System Code, a unique number assigned to classify all traded goods internationally. Determining the HS CODE of traded goods based on legal provisions and product characteristics is referred to as 'Classification (Nomenclature).’ The reason why accurate classification is crucial lies in the fact that various aspects such as Duty and Tax rates, import/export requirements, exemptions, refunds, and FTA rules of origin are determined by the HS CODE of the goods. Frequently disputes between companies, customs authorities, exporters and importers, and exporting and importing countries arise due to inconsistent classification. Recently, there have been many cases where Vietnamese...