On-line database offers complimentary information on 2003 H.S. Codes
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Importers and exporters can now get a head start on planning and costing their shipments by accessing PBB Global Logistics’ newly updated Canadian Customs Tariff Search Engine.
Located at www.pbb.com, this on-line database features complimentary and up-to-date information on all Canadian Harmonized (H.S.) codes for 2003, and offers an excellent resource for traders looking to save time and mitigate risk management.
PBB strongly recommends that importers familiarize themselves with their H.S. codes on a regular basis in order to keep up with all the latest Customs initiatives. For instance, incorrect codes or constant errors can result in warnings and possible fines under the Administrative Monetary Penalties System (AMPS) – the Canada Customs and Revenue Agency’s new schedule of civil penalties for non-compliance.
PBB’s on-line tariff search engine also offers several value-added features for traders including the ability to easily access the codes they require without having to rely on lengthy printed lists or out of date H.S. code sources. Searchable by product keyword or code number, the on-line database includes information on 11 different tariff treatments and features a faster, more powerful search engine that produces comprehensive and detailed results.
In addition to its regular features, PBB’s site now includes H.S. codes regarding the recent Canada-Costa Rica Free Trade Agreement (CRT). Under the new CRT, goods meeting specific rules of origin and accompanied by a certificate of origin can now experience reduced duty rates for import into Canada. This is the first year these rates have come into effect. Traders who are unfamiliar with the CRT can now access accurate duty rates for products they want to import and avoid potential hassles at the border.
PBB Global Logistics is a provider of third party international logistics services, facilitating the movement of goods across North America and around the world. It has approximately 900 employees in over 70 locations throughout North America and an established global network of logistics service providers.
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