BTI

BTI
( binding tariff information) EU Customs Glossary
Written information issued by the customs authorities of the Member States on the classification of goods in the combined nomenclature or a nomenclature derived therefrom, such as the TARIC (Art. 12 CC) EU Customs Glossary
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Binding Tariff Information - system for implementing the Common Customs Tariff. The information is issued to economic operators by the customs authorities of the European Union ( EU) Member States. Thus, traders will know, in advance, the tariff classification of the goods they intend to import or export. This information is introduced into a data-base run by the European Commission ( EC) and is legally valid in all Member States, regardless of the Member State which issued it. HM Customs & Revenue Glossary
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British Trade International - an organisation responsible for promoting the development of UK exports and encouraging foreign companies to invest in the UK. BTI was jointly funded by the Foreign and Commonwealth Office and the Department of Trade and Industry. In October 2003, BTI changed its name to "UK Trade and Investment". HM Customs & Revenue Glossary

Financial and business terms. 2012.

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