Key challenges in India: HS Classification & Its importance in Customs Compliance

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GlobalAutoIndustry.com’s latest audio interview https://globalautoindustry.com/key-challenges-for-the-auto-sector-in-india-hs-classification-its-importance-in-customs-compliance/ features Krishna Barad.  Mr. Barad is a Partner with the Indirect Tax practice of BDO India, with a special focus on Customs & International Trade. He has over 27 years of experience in Customs, Foreign Trade Policy, International Trade, Shipping & Logistics related matters.

In the 19-minute audio interview, Mr. Barad discusses these questions:

  • What is HS Classification and what is the basis of it?
  • Which version of HSN is being used currently, and why is it important in international trade?
  • What are the key challenges faced by automotive sector in India?
  • What is the impact of the recent case in Thailand, and the Indian judgement of Westinghouse?
  • What precaution do companies need to take, and what is the way forward?
  • And provides his final thoughts.

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