FFFAI organises webinar to understand WCO HS Code 2022

With the World Customs Organization announcing the 7th edition of HSN – “HS-2022” with effect from 1st January 2022, the Federation of Freight Forwarders’ Associations in India (FFFAI) organised a Webinar to discuss and understand the changes in the earlier version of the HS Code and coping up with the same by Customs Brokers/Freight Forwarding fraternity. The Webinar was addressed by Shankar Shinde, Chairman, FFFAI and Krishna Barad, Partner – Customs & International Trade, Indirect Taxes – BDO India as Guest Speaker.
Also spoke on the occasion were Dushyant Mulani, Chairman-Elect, FFFAI; Vice Chairmen, FFFAI, S. Nataraja, Kartik Pancholi and Sudip Dey; Vinod Sharma, Hony. Secretary, FFFAI; S. Ramakrishna, Past Chairman and Advisor, FFFAI and other Members of the Federation. Apart from all Office Bearers, approximately 800 FFFAI members attended the webinar from across the country.
In his welcome speech Shinde highlighted the importance and critical aspects of the WCO HS Nomenclature, recognised internationally. “HSN is the basic tool of international trade and we are legally bound to classify goods correctly. We need to very carefully understand the 7th edition of the HSN, many of them are linked with GST. It is our pleasure to organise this important webinar with an expert speaker, Krishna Barad, to highlight and analyse the new HSN. FFFAI endeavours to enhance domain knowledge pertaining to CB/FF and end to end logistics business and this webinar is one of such ongoing initiatives,” said Shinde.