What is CAP goods classification in SAP SD-FT - Foreign Trade?

SAP Term: CAP goods classification

• Component: SD-FT

• Component Name: Foreign Trade

• Description: The official External Trade ET rules classification of EC market-regulated goods. Common Agricultural Policy CAP goods are classified in the UK using an ET leaflet number such as ET3 for sugar, ET7 for poultry, ET16 for fish. An ET leaflet with the corresponding number describes the official rules for claiming refunds restitution for the CAP goods described in the leaflet.

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• Key Concepts: 
  CAP goods classification is a component of SAP's SD-FT Foreign Trade module. It is used to classify goods for customs purposes, and is based on the Combined Nomenclature (CN) of the European Union. The CN is a hierarchical system of codes that are used to classify goods for customs purposes. 
  
  How to use it: 
  The CAP goods classification component of SAP's SD-FT Foreign Trade module allows users to assign the appropriate CN codes to goods. This ensures that the goods are correctly classified for customs purposes. The codes can be assigned manually or automatically, depending on the user's preference. 
  
  Tips & Tricks: 
  It is important to ensure that the correct CN codes are assigned to goods, as incorrect codes can lead to delays in customs clearance and other issues. It is also important to keep the codes up-to-date, as the CN is regularly updated. 
  
  Related Information: 
  For more information on CAP goods classification and SAP's SD-FT Foreign Trade module, please refer to SAP's official documentation.