Over 99.9% accuracy in product classification to reduce fines and penalties associated with inaccurate classification
Customs clearance is a critical step in ensuring a smooth, seamless supply chain. Having accurate HS codes is key to avoiding fines, as well as clearance delays and unsatisfied customers.
Our team of Global Trade Management experts with decades of experience in product classification is on hand to provide specialist advice to ensure that you stay compliant and avoid supply chain disruptions. Rather than manual classification - which can be a lengthy and tedious process - you can leverage our market-leading digital product classification tool, Smart Classify, for faster and clearer compliance. Powered by a proprietary AI engine, Smart Classify is trained on millions of actual customs filing data that enable it to recommend HS codes with >90% accuracy. The HS codes are then validated by 2 levels of PSA BDP classification experts to deliver unmatched accuracy of over 99.9% and peace of mind.
Classification request submitted through Smart Classify
PSA BDP Classifier receives request. Smart Classify recommends HS codes to Classifier with high levels of accuracy.
PSA BDP Classifier reviews AI output, adds selection logic and sends to 2nd PSA BDP Reviewer for validation.
2nd PSA BDP Reviewer validates logic and assigned HS code, ensuring superior accuracy.
You receive final HS code, including advisory on required documents and licenses, FTAs, duties, etc.
With Smart Classify’s streamlined workflow and in-system live chat, you get an auditable library of records rather than relying on emails, excels and manual workflows. You will also receive advice on regulatory requirements such as licenses and documentary needs. All designed to help you increase your productivity, improve data consistency and accuracy, and avoid fines and penalties.
Aside from providing you the most accurate customs codes for your products, there may also be untapped opportunities for you to qualify for lower tariffs.
Did you know that even a minor change in material composition to the finished goods can result in a lower duty rate due to a change in the HS code? An example is ethyl alcohol (ethanol) which differs depending on the composition level.
PSA BDP Global Trade Management experts have deep knowledge of the differences between the codes. We will examine your products' Bill of Materials (BOM) and product characteristics to identify duty optimization opportunities. Our experts will work with you and your product design teams on the product mix and characteristics to qualify for lower tariffs and help you lower your total landed costs.