What is the TARIC ?

Key points about the TARIC include:

Combination of HS and EU-Specific Codes: The TARIC is based on the global Harmonized System (HS) of commodity classification, which provides a standardized classification system used by customs authorities worldwide. However, the TARIC goes beyond the HS by incorporating additional EU-specific codes, measures, and regulations.

Customs and Trade Policy Information: In addition to classification codes, the TARIC contains information related to customs duties, trade policy measures, restrictions, and other regulatory requirements applicable to specific goods.

Dynamic and Updated: The TARIC is a dynamic system that is regularly updated to reflect changes in EU trade policy, regulations, and international agreements. Updates are made to include new measures, modify existing ones, and align with the evolving needs of the EU.

Used for Customs Declarations: Businesses engaged in international trade use the TARIC when completing customs declarations for imports and exports within the EU. It helps customs authorities determine applicable duties, taxes, and regulatory requirements.

Electronic Database: The TARIC is maintained as an electronic database, allowing users to access the information online. It is often available through official customs websites and portals.

Structure: The TARIC code typically consists of 10 digits. The first six digits are the standard HS code, providing a global classification. The additional digits (7th to 10th) are EU-specific codes that provide further detail and indicate specific measures or requirements.

Integrated System: The integration of HS codes with EU-specific codes in the TARIC provides a harmonized approach to customs classification within the EU. It ensures consistency in the application of customs duties and trade policy measures across member states.

Comprehensive Information: The TARIC provides comprehensive information, including details on preferential trade arrangements, anti-dumping duties, tariff quotas, and other relevant trade-related measures.

Businesses involved in importing or exporting goods within the EU should consult the TARIC to ensure accurate classification of their products and to understand any specific measures or requirements that may apply. The TARIC is a valuable tool for navigating the complex regulatory landscape of EU trade.