Binding Tariff Information (BTI)
Overview
What is BTI?
BTI decisions are classification decisions issued by the customs administrations in the various Member States. They are legally binding throughout the European Union (EU).
Benefits of BTI
The following are the benefits of BTI for traders:
- Legal certainty regarding tariff classification decisions.
- Uniform application of the rules of classification throughout the European Union.
- Revenue will advise traders if any classification changes occur that affect their BTI.
- A BTI may be invalidated due, for example, to a change in European Union legislation. In such cases traders may be entitled to a ‘period of grace’. If approved, this allows traders to complete any binding contracts entered into on the basis of that BTI.
Next: Rules for obtaining Binding Tariff Information (BTI)