Public holidays in China and Hong Kong

Public holidays in China

Public holidays in Hong Kong

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HOW TO CLASSIFY YOUR GOODS FOR EXPORT?

At first glance it seems an extremely simple matter. However, it is very difficult. The Commodity Code is organized into 21 sections and 97 chapters, accompanied with general rules of interpretation and explanatory notes. In order to classify goods it’s necessary to know full description of the goods (size, specification, material composition and so on). Classifying your goods correctly will help to ensure that you: pay the right duty and VAT and know whether an import or export license is needed. Incorrect classification can lead to your goods being delayed or seized and you will have to pay  duty and tax owed, plus possible financial penalties.