The customs tariff represents harmonized European customs nomenclature for the exchange of goods adopted by the European Union in 1989. The Customs Tariff of Montenegro or the Combined Nomenclature is fully compliant with EU CN.
CT tariff classification to six levels are based on the Harmonized System description and encryption products 2017 (HS), while the seventh and eighth place indicate subheadings of CT. CT is updated each year to meet the needs of technological developments and changes in trade flows.
The nomenclature is based on the Harmonized System of the description and encryption of products 2017 (HS) that represents the nomenclature used for purposes that are in the area of foreign trade in order to create a single, harmonized nomenclature, classification which will be used by all participants in the foreign trade. Harmonized System contains 21 sections, 97 chapters, 1221 headings and 5052 tariff rates. It is updated every 5-year.
A very large number of sub-divisions within the CN were introduced bearing in mind the specific recommendations related to the EU customs and foreign trade statistics.
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