Understanding Commodity Codes
One wrong commodity code can trigger higher duties, unexpected controls or compliance issues. This practical course equips you with the knowledge to classify goods accurately using the UK Global Tariff, with real examples and hands-on practice. You'll understand the commercial impact of classification and gain the confidence to get it right consistently.
After Attending This Course, You'll Be Able To
- Determine the correct UK commodity code for goods
- Use the UK Global Tariff to support classification
- Understand how commodity codes affect duty, VAT and import controls
- Recognise the risks and costs of incorrect classification
- Classify a range of goods with greater confidence.
Event Price and Dates
Price
LCCI member: £300.00 + VAT
LCCI Community Participant: £350.00 + VAT
Non-members will be able to book training courses by registering to our free of charge Community Network.
Course Dates
We run this training course multiple times a year. To find out about future training dates, please complete the enquiry form.
Format
This course is online.
Who Should Attend?
International trade and finance administrators and managers, those from procurement and technical experts who are responsible for identifying commodity codes. This leads to an understanding of the duties, taxes, and controls required for import and export. Mistakes in this area can be costly and serious, so companies must ensure they have the knowledge to manage this properly in their organisations. The course is valuable for both newcomers wanting an introduction and overview, and experienced staff needing a refresher on current requirements.
This training is delivered in collaboration with LCCI’s Trusted Trainers International Trade Matters as part of the Nationally Accredited Chamber Network.
Find out more about the cancellation terms.
What You'll Learn
An introduction course providing candidates with fundamental skills and knowledge to prepare and process a system of classifying their goods for both import and export. It is fully supported with user-friendly and up-to-date notes (including practical experience on classifying products using the UK Global Tariff) Candidates will, after attending this course, be aware of what commodity codes are and what they are used for. They will have a basic understanding of how to classify goods and will have successfully classified a range of goods to gain experience in using the UK Global Tariff.
This Course Answers Questions Such As
- What is a commodity code?
- How do I find the correct commodity code?
- How do I use the UK Global Tariff?
- Why are commodity codes important?
- What happens if a product is classified incorrectly?