GTIP (Customs Tariff Statistics Position) code, which is a frequently heard concept in import and export transactions, has an important place in the classification of products. This code can be used in different places. So, where does the GTIP code write?
What is GTIP Code?
GTIP or Customs Tariff Statistics Position is of great importance in international trade. Essentially, this code specifies what a product is, what categories it belongs to, and what rules it will be subject to in customs clearance. Thanks to this code, it is determined how the products should be classified. In this way, it becomes possible to carry out trade in a more orderly and systematic way.
The GTIP code can usually be found in a product's commercial documents, on the invoice, or on the product label. Specifying the code correctly makes many different processes easier at the point of import and export. For example, the GTIP code is used to understand what customs duties or restrictions a product is subject to. In addition, thanks to this code, products can be tracked more easily and statistical analysis can be performed.
The Customs Tariff Statistics Position code is also very important in import and export transactions for details such as where the product comes from, where it goes and what type of product it is. In other words, thanks to this code, not only what the product is, but also how the trade will be carried out is determined.
Where to Find GTIP Code?
GTIP code is of great importance in import and export transactions. If you are trading products as a business, knowing where and how to use GTIP codes is important to complete your transactions quickly and without errors.
GTIP Code in Trade Documents
The GTIP code is most often found on business documents. For example; This code is usually clearly stated on invoices, customs declarations and shipping lists. These documents are submitted to the relevant customs administration during the import or export of the product and contain information such as what the product is and what tax rates it is subject to.
GTIP on the Product Label
Some products may also have a GTIP code on their labels. Although this is generally less common in retail products, it is widely used in wholesale trade. Having the GTIP code on the label allows products to be classified and stored quickly.
The locations of the GTIP code may vary depending on what stage the product is in and what processes it will undergo. However, commercial documents and product labels are generally where the code is most commonly found. Ensuring that this code is included correctly will help complete transactions quickly and efficiently.
GTIP code is of vital importance in import and export transactions. This code, which determines which categories the products belong to, facilitates and accelerates customs procedures. To learn the GTIP code, you can refer to product details, catalogs or reliable platforms. For this purpose, the GTIP code can be learned by consulting sites such as TURKSTAT.