Optimising HS Codes For Your Amazon Products

[et_bloom_inline optin_id=optin_3]

Chris Davey, from FBA4U,  joins us today in Hong Kong. In this episode, we talk about HS codes and how to optimize them and how to improve your margins, do’s and don’ts with customs and tariff.

Live from Hong Kong’s Global Sources

  • Chris Davey has been in the business for several years now.
  • A lot of things has happened – tariff wars, HK protests.. and Q4!

Optimizing HS Codes

  • You optimize the material in your product in order to improve your margins.
  • There is more than one category that your product can fit in.
  • The benefit of looking into the right product code is that you can choose the right category and reduce your tariff code. 
  • Anything that has 0% tax code will be stopped so you have to have a track record handy.
  • Get a letter of usage in order to get through.
  • NOTE: On the Chinese side – you need to watch out for your supplier changing the code to something that benefits them.
  • So make sure you speak to your supplier. 
  • It can cost you a fortune

Keep Your Records

  • Keep your records, you can be asked to produce your records in customs.
  • If you are separating your payments records, separate your  receipts.

Connect with Dannyhttps://sellersessions.com/agency/

Connect with Chris Davey:

?SellerPoll is the annual awards for the Amazon seller community.

There are 9 categories to choose from. Including; Facebook Group, Outstanding Contribution, Software, Service Provider, Podcast, YouTube Channel, Events and more.

?SellerPoll is brought to you by PingPong. The no 1 for cross border payments‚ĶVote now at  https://sellersessions.com/sellerpoll/

?Want great cross border rates? Then visit our wonderful sponsors at https://pingpongpayments.com/