A
tax classification of goods
is the process of assigning the correct NCM/PBSA code to imported or exported products.
This code defines taxes, legal requirements, restrictions and benefits applicable to the operation.
Misclassification can lead to
assessments, fines and delays in customs clearance
.
In addition, taxation can become
unduly higher
, price, competitiveness and cash flow.
Use up-to-date bases, consult the NCM table and check with experts before declaring.
Reviewing internal processes and training staff minimizes risks and costs in international operations.
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