How a Dubai Electronics Importer Saved $200K in Duty Costs
Reducing duty costs by 3.5% through accurate HS code classification
Company Overview
The Challenge
TechImport Dubai was struggling with inconsistent HS code classifications across their product range of consumer electronics. Their customs broker was applying generic codes that resulted in higher duty rates than necessary. With monthly imports exceeding $2M, even small classification errors were costing them significant money.
- •Paying effective duty rate of 8.5% when optimal rate should be closer to 5%
- •Frequent customs delays due to incorrect paperwork and classification disputes
- •No standardized process for classifying new products entering their catalog
- •Lack of visibility into duty rates across different GCC countries for sourcing decisions
The Solution
Using FindHS Codes platform, TechImport Dubai implemented a systematic approach to HS code classification. They utilized our HS Code Lookup tool to identify the most accurate codes for each product category, used the Tariff Comparison feature to verify rates across GCC countries, and implemented our recommended classification system across their entire product catalog.
- Created standardized HS code database for 500+ SKUs using platform's search and classification tools
- Trained procurement and logistics teams on proper classification methodology
- Implemented automated alerts for classification updates and tariff changes
- Established quarterly review process for HS code accuracy using platform's analytics
FindHS Codes transformed our import operations. The accurate classifications and tariff comparisons helped us optimize our supply chain and save significant costs. It's now an essential tool for our team.
Results Achieved
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