Key challenges for the Auto Sector in India: HS Classification & Its importance in Customs Compliance

GlobalAutoIndustry.com’s latest Audio Interview “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.