Tariff engineering
Term · Law · MLC-T-LAW-004833
The practice of designing or modifying products to fall into a lower tariff classification upon import, thereby reducing customs duties. This involves careful consideration of product components, materials, and manufacturing processes to meet specific classification criteria. It is a legal strategy used by importers to manage costs within international trade regulations.
| Identifier | MLC-T-LAW-004833 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-004833",
"term": "Tariff engineering",
"field": "Law",
"definition": "The practice of designing or modifying products to fall into a lower tariff classification upon import, thereby reducing customs duties. This involves careful consideration of product components, materials, and manufacturing processes to meet specific classification criteria. It is a legal strategy used by importers to manage costs within international trade regulations.",
"url": "https://mlchart.com/terminology/law/tariff-engineering/"
}
Record 4,932 of 5,441 in Law terminology (MLC-0107). Request the full dataset.