When concluding any foreign trade transaction, the definition of the code of the commodity nomenclature of foreign economic activity (TN VED) is mandatory. This code will determine the amount of customs duty and serve as a guideline for the certification of goods. It is advisable to determine the TN VED code before the conclusion of the transaction in order to calculate its profitability and potential risks.
It is necessary
- - Technical documentation for the product provided by the manufacturer or supplier.
- - Electronic or paper carrier - reference book with the "tree" of the TN VED
Instructions
Step 1
Carefully study the goods for which you are going to determine the TN VED code. Use the technical documentation, certificates of origin or other documents that are provided by the supplier (manufacturer) and serve as the most complete source of information about the product. Highlight the main characteristics of the product and summarize them in a separate document. In the case of incomplete or missing accompanying documentation of the goods, an examination of the sample by the competent authorities may be required.
Step 2
Refer to the reference book with TN VED codes. You can buy the reference book in the technical literature department, or download the electronic version on the official website of the customs service of the Russian Federation. Today the "tree" of the TN VED is represented by 21 categories of goods. Decide which of these sections your product type belongs to. Thus, you will determine the first 2 digits of the code. Find in the section (categories) the product itself, choosing from the options offered. This will give you the next 6 digits of the code. Specify the specific features of the product, according to the proposed selection in the subcategory, and you will determine the remaining 2 numbers.
Step 3
Study the article corresponding to the received ten-digit TN VED code. In it you will learn the basic conditions for the import or export of your goods, requirements for certification, excise taxes, customs duties, taxation and transportation.
Step 4
The customs broker should be responsible for determining the TN VED code. It is he who enters this code into the customs declaration. You, as a participant in foreign economic activity, can only make a preliminary definition of the code.
Step 5
Wrong definition of the TN VED code can lead to inaccurate declaration of goods. Such an action is subject to administrative and criminal liability.
