What is Harmonized Tariff Schedule of the United States Annotated in SAP SD-FT - Foreign Trade?

SAP Term: Harmonized Tariff Schedule of the United States Annotated

• Component: SD-FT

• Component Name: Foreign Trade

• Description: A schedule book published by the US Office of Tariff Affairs and Trade Agreements USITC that contains commodity codes and duty rates for all countries on all classes of merchandise imported into the US.

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• Key Concepts: 
  The Harmonized Tariff Schedule of the United States Annotated (HTSUSA) is a list of goods and their corresponding duty rates used by the United States Customs and Border Protection (CBP) to determine the duty rate for imported goods. It is based on the World Customs Organization's Harmonized System (HS) and is used to classify goods for import and export. 
  
  How to use it: 
  The HTSUSA is used by the CBP to determine the duty rate for imported goods. It is also used by importers, exporters, and customs brokers to classify goods for import and export. The HTSUSA is updated regularly to reflect changes in trade agreements, tariffs, and other regulations. 
  
  Tips & Tricks: 
  When using the HTSUSA, it is important to be aware of any changes in trade agreements, tariffs, or other regulations that may affect the duty rate for a particular item. Additionally, it is important to be aware of any special rules or exceptions that may apply to certain items. 
  
  Related Information: 
  The SAP SD-FT Foreign Trade component provides tools for managing foreign trade activities such as tariff classification, export control, and customs clearance. It also provides tools for managing documents related to foreign trade such as invoices, packing lists, and certificates of origin.