misclassification
misclassification
When misclassification costs
A £4.7 million liability for aluminium foil in the UK. Eight-figure fines and federal prison sentences for ta...
Morrisons, HMRC and a £4.7m ruling: The cost of an incorrect tariff code
In a landmark ruling last month, HMRC successfully challenged WM Morrison Supermarkets over the declared origi...
Incorrect tariff codes are draining your bottom line
Getting tariff codes right is the fastest way to boost margins Every year, businesses quietly haemo...
5 customs classification mistakes that mean fines
Helping high-risk industries avoid expensive errors If your business imports goods - whether electr...
Why incorrect HS codes erode profit margin
Accurate customs classification can make or break a business’s bottom line. Yet, many companies underestimat...