The Harmonized System is a standardized numerical method of classifying traded products. It is used by customs authorities around the world
to identify products when assessing duties and taxes and for gathering statistics
.
Do I need an HS code?
When you are looking to ship a product overseas, it is a legal requirement that you have
a six digit HS code
. This doesn’t change whether you are shipping t-shirts or cars, every product must be assigned the HS code.
What is HS code and how it works?
HS codes have a
minimum of six digits
. It is a number consisting of sections, chapters, headings, and sub-headings of the harmonized coding system. Typically, each country adds another two to four digits to this six-digit code prescribed by the WCO to form a unique HS number.
How are HS codes determined?
HS codes can be determined by
a variety of factors including a product’s composition, its form and its function
. An example of a product classified according to its form would be whole potatoes. The classification will also change depending on whether the potatoes are fresh or frozen.
What is an HS code for customs?
HS (Harmonized Commodity Description and Coding System) codes are
product classification codes used by U.S. Customs
and all other members of the World Customs Organization (WCO) to classify goods for customs purposes.
Who is responsible for HS code?
The HS was developed and is maintained by
the World Customs Organization (WCO)
, an independent intergovernmental organization with over 179 members and is based in Brussels, Belgium. The HS is the standard coding structure and related product descriptions used in international trade.
Is HS code same for all countries?
The HS codes have been being used by 98% of Import Export trade all over world. … In other words, first six digits of HS code
(HTS code) are same in all countries
. But countries can add additional digits to categorize and define commodities at more detailed level without modifying or changing first six digits.
Where do you put HS code?
The HS code has to show on
the Customs invoice
and should be placed where it is clearly visible to the customs officer.
What happens if I use the wrong HS code?
Using the wrong HTS will
result in an incorrect payment of duties whether too little or too much
, this creates an issue for CBP in their revenue collection mission and may result in them issuing penalties for failure to provide correct and accurate information to CBP.
What is HS code for shipping?
What is an HS Code? The HS (Harmonized Commodity Description and Coding System) Code is
a 6–10 digit number that is required for all international shipments
. This number is used by customs to identify the products shipped across international borders.
What is the HS code of your product?
The Harmonized System is
a standardized numerical method of classifying traded products
. It is used by customs authorities around the world to identify products when assessing duties and taxes and for gathering statistics.
How many digits does a HS code have?
After the
six HS
digits, the next two digits are the Combined Nomenclature (CN) Subheading. If more details are required, there are an Additional TARIC code of four numbers.
Are HS codes universal?
HS codes are administered by the World Customs Organization. … You use an HS code because it is
a universal classification tool
. Many governments add additional digits to the HS number to further distinguish products in certain categories. These additional digits are typically different in every country.
What you mean by HS Code?
HS Code stands for
Harmonized Commodity Description and Coding System
.. … The Harmonized Commodity Description and Coding System generally referred to as “Harmonized System” or simply “HS” is a multipurpose international product nomenclature developed by the World Customs Organization (WCO).
What is the HS Code for cylinder?
HTS Code:
8302.49. 6035
– Pneumatic Cylinders For Lifting, Lowering, Dampening Or Counterbalancing, Other, Of Iron Or Steel, Aluminum, Or Of Zinc, And Parts Thereof –
What is the HS code for sensor?
| Hs Code Description No of Shipments | 9031 Measuring Or Checking Instruments, Appliances And Machines, Not Specified Or Included Elsewhere In This Chapter; Profil | 90318000 Other instruments, appliances and machines 260 | 90319000 Parts and accessories 142 |
|---|
