Basket Fraction
Residual tariff fraction within a subheading grouping goods not specified in other more specific fractions. Colloquially called a 'catch-all fraction', it implies greater customs scrutiny.
Residual tariff fraction within a subheading grouping goods not specified in other more specific fractions. Colloquially called a 'catch-all fraction', it implies greater customs scrutiny.
Residual tariff fraction within a subheading grouping goods not specified in other more specific fractions. Colloquially called a 'catch-all fraction', it implies greater customs scrutiny.
Residual Heading
Heading in the Harmonized System grouping goods not specifically classified in other headings of the same chapter. Generally includes the expression 'other' and is used as a last resort for classification.
TariffsTariff Classification Code
An 8 or 10-digit numerical code that identifies a specific product within Mexico's tariff schedule (TIGIE), determining applicable duties and regulations.
TariffsTariff Classification
The process of assigning the correct tariff code to a product within a country's tariff schedule, determining applicable duties and regulations.
ClassificationGRI Rule 4
Rule establishing that goods which cannot be classified by the preceding rules are classified under the heading appropriate to goods to which they are most akin. Used as a last resort before residual headings.