HS Codes Explained – Globally Harmonized System (GHS)

• What is an HS code?
An HS code, or Harmonized System code, is a standardized numerical code assigned to products for international trade. It is used to classify and identify products uniformly across borders.

• Why are HS codes important in international trade?
HS codes facilitate international trade by providing a common language for classifying products. They help customs authorities, traders, and other stakeholders understand the nature of goods being shipped and apply the correct tariffs and regulations.

• How long is an HS code?
HS codes typically consist of six digits. However, some countries may add additional digits for more detailed classification.

• What is the purpose of the additional digits in the HS code?
The additional digits, known as subheadings, provide more detailed information about a product’s characteristics, composition, or function. They allow for a more precise classification of goods.

• Who assigns HS codes to products?
HS codes are assigned by customs authorities in each country. The World Customs Organization (WCO) manages and updates the Harmonized System, providing guidelines for classification.

• How do I find the HS code for my product?
You can find the HS code for your product by consulting the official Harmonized System nomenclature or by using online databases provided by customs authorities or trade organizations.

• Do I need to include the HS code on shipping documents?
Yes, including the HS code on shipping documents, such as the commercial invoice, is essential for customs clearance. It helps customs authorities identify and classify the goods being shipped.

• Are HS codes the same for all modes of transportation (air, sea, land)?
Yes, HS codes are uniform across all modes of transportation. They provide a standardized classification system that is recognized internationally, making them applicable for air, sea, and land transport.

15 Décembre 2016 Comments are closed.

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