Tariff classification is the process of categorizing goods for customs purposes based on their characteristics and intended use. Each category is assigned a specific code, known as a Harmonized System (HS) code, which helps determine the applicable tariffs and regulations for importing or exporting products. Accurate classification is essential for compliance with international trade laws. Proper tariff classification ensures that businesses pay the correct duties and taxes, avoiding potential penalties or delays. It also helps governments monitor trade flows and enforce regulations. Understanding the classification system is crucial for importers and exporters to navigate the complexities of global trade effectively.