Understanding Commodity Codes

Get Classification Right. Avoid Costly Mistakes in Trade.

Commodity codes are a fundamental part of international trade. Used to identify products for customs declarations, these codes determine the duties, VAT rates, import/export restrictions, and eligibility for preferential tariffs. Misclassifying goods can lead to unexpected charges, delays, penalties, and compliance risks.

This focused virtual training session is designed to give businesses the clarity and confidence to classify goods correctly and avoid common pitfalls.

What You’ll Learn:

• What a commodity code is and why it matters
• How to correctly classify goods using the UK Trade Tariff
• An introduction to classification rules and tools
• Practical examples to help you classify a range of products
• The impact of incorrect codes on duty costs and compliance

Included with the Course:

• A full set of course slides for future reference
• Easy-to-follow guidance notes to support day-to-day classification tasks

Whether you’re new to international trade or looking to strengthen your understanding of customs compliance, this course will help you manage your responsibilities with confidence and accuracy.

 


 

British Chambers of Commerce Accredited Course: The British Chambers of Commerce has a range of nationally accredited international trade courses that give essential skills which are invaluable to small and large businesses alike.

At the end of these courses there will be a short assessment paper to complete which results in a BCC Certificate with a Pass or Merit achievement worth 1 credit. Achieve 6 credits to receive the BCC Foundation Award in International Trade.

Visit our events page to see current course dates.

 


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