Plain meaning
A federal statute and tariff schedule used to classify imported goods and determine applicable customs duty rates.
Also called
tariff schedule
Key points
- Goods are classified under tariff items based on the Harmonized System and Canadian tariff schedule.
- The applicable rate can depend on classification, origin, tariff treatment, and trade agreements.
- The Customs Tariff also supports special measures such as surtaxes, remissions, and preferential tariff treatments.
- Classification errors can affect duties, GST/HST on imports, penalties, and pricing decisions.
Why it comes up
Tariff classification and rates affect landed costs, trade policy, surtaxes, remissions, and customs disputes.