SST-Tariff Code: Difference between revisions

From eStream Software
Line 14: Line 14:


:2. Assigned a tariff code to each items at [[Maintain Stock Item]]
:2. Assigned a tariff code to each items at [[Maintain Stock Item]]
:[[File:SST-Tariff Code-02.jpg |750px]]
<br />
:3. Exemption (under Schedule A, B, C) should set a tariff and tax code (SEA, SEB, SEC1, SEC2, SEC3, SEC4, SEC5) in [[Maintain Customer]] and [[Maintain Supplier]].
:3. Exemption (under Schedule A, B, C) should set a tariff and tax code (SEA, SEB, SEC1, SEC2, SEC3, SEC4, SEC5) in [[Maintain Customer]] and [[Maintain Supplier]].
 
:[[File:SST-Tariff Code-03.jpg |750px]]
<br />
<br />



Revision as of 02:09, 13 February 2019

Introduction

  • Tariff classification is a complex yet extremely important aspect of cross-border trading.
  • Goods imported from or to Malaysia are classified by the Harmonized Tariff Schedule (HTS) or commonly referred to as HS Codes.
  • The codes, created by World Customs Organization (WCO), categorize up to 5,000 commodity
  • HS Codes are made of 6-digit numbers that are recognized internationally, though different countries can extend the numbers by two or four digits to define commodities at a more detailed level.
  • Click here to search the tariff code list from Kastam system.


Quick Setup for Tariff Code

1. Create the tariff code applicable to your product at Maintain Tariff
SST-Tariff Code-01.jpg


2. Assigned a tariff code to each items at Maintain Stock Item
SST-Tariff Code-02.jpg


3. Exemption (under Schedule A, B, C) should set a tariff and tax code (SEA, SEB, SEC1, SEC2, SEC3, SEC4, SEC5) in Maintain Customer and Maintain Supplier.
SST-Tariff Code-03.jpg


See also