STR Webinar: Using the Prototype Provision for Duty Savings
About The Webinar
The Prototype Provision is a classification within Chapter 98 (9817.85.01) of the Harmonized Tariff Schedule of the U.S. that allows for the reduction of duty on most imports of originals or models of articles used exclusively for development, testing, product evaluation, or quality control purposes. Proper use of this provision can be a useful tool for importers looking to reduce duties.
This webinar will cover the following topics as they relate to the Prototype Provision.
Key Topics
Regulatory framework
What a prototype is
Requirements for use of this provision
What duties are eliminated
When to declare the provision
Common pitfalls of using this provision
