How do I find my harmonized code for HS?
To determine what the HS Code for your product is in another country, you can use a look-up tool in a foreign tariff database, such as the Customs Info Database.
What is HS code of a product?
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).
Is HS code same as commodity code?
Six-digit commodity codes are HS codes. They are used worldwide in monitoring trade volumes and applying international trade measures to goods. The HS nomenclature forms the basis for the 8-digit Combined Nomenclature and the 10-digit Taric Nomenclature.
What happens if I use the wrong HS code?
Using the Correct HS Number. The goods will be entered into another country under an incorrect classification number. Border customs may dispute the number. Import clearance delays may occur.
Do I need to add HS Code?
If the customer doesn’t ask for it I would not recommend adding. Many countries allow for clearance of the goods without the HS code on the invoice as the importer of record is responsible to provide their broker with the correct HS code for customs entry purposes.
Why is HS code required?
HS Codes are important for government officials to identify goods being imported and exported in order to collect the proper taxes. They identify products that are being imported or exported through a country’s borders. They classify and categorize products in a worldwide system used for customs clearance purposes.
What is HS code example?
The first two digits designate the HS Chapter. The second two digits designate the HS heading. The third two digits designate the HS subheading. HS code 1006.30, for example indicates Chapter 10 (Cereals), Heading 06 (Rice), and Subheading 30 (Semi-milled or wholly milled rice, whether or not polished or glazed).
Who is responsible for HS Code?
the World Customs Organization
What is the HS Code for services?
HS Code used for Services – Import
| Hs Code | Description | No of Shipments |
|---|---|---|
| 8421 | Centrifuges, Including Centrifugal Dryers; Filtering Or Purifying Machinery And Apparatus, For Liquids Or Gases | |
| 84219900 | Other | 5087 |
| 3926 | Other Articles Of Plastics And Articles Of Other Materials Of Headings 3901 To 3914 | |
| 39269099 | Other | 2235 |
Is HS code same for all countries?
The World Customs Organization (WCO) has been administering 6 digits HS codes schedule. However, each country can modify by adding two digits or four digits as per their requirements without changing first six digits. In other words, first six digits of HS code (HTS code) are same in all countries.
What HS code means?
Harmonized Commodity Description and Coding System
What is clothing HS Code?
40159000
What is HS Code for laptop?
HS Code used for Computer laptop – Export
| Hs Code | Description | No of Shipments |
|---|---|---|
| 8471 | Automatic Data Processing Machines And Units Thereof; Magnetic Or Optical Readers, Machines For Transcribing Data On To | |
| 84713090 | Other | 19 |
| 84713010 | Personal computer | 12 |
| 84719000 | Other | 11 |
What is export HS Code?
The US code is called a Schedule B number for export goods and a Harmonised Tariff Schedule (HTS) code for import goods. Similarly, in India, goods for export and import have an eight-digit code called an ITC (HS) code, where ITC stands for Indian Trade Classification and/or Indian Tariff Code.
How do I find a commodity code?
Commodity codes can be found on the Trade Tariff website….Your commodity code tells you:
- The duty and VAT ratings you’ll be charged for your goods.
- If you can apply for a preferential duty rating (General System of Preference aka GSP)
- Whether your product requires an import licence.
- Whether anti-dumping duties apply.
What is meursing code?
Meursing codes are used to determine which commodity code, and therefore how much duty, is applicable to your goods at importation in to the EU. For example: the EU classifies confectionary and bakery products, food preparations and more as “composite agrigoods”.
How many digits are commodity codes?
10
What is an Intrastat code?
Intrastat commodity code The commodity code is an eight-digit coding system, comprising the Harmonized System (HS) codes with further EU subdivisions. The commodity codes are also called Combined Nomenclature (CN) and they are used by the EU Member States to collect detailed data on their trading of goods.
Who needs to submit Intrastat?
You must register for Intrastat if, in any calendar year (from 1 January to 31 December), your business either: receives more than £1.5 million worth of goods from the EU. moves more than £250,000 worth of goods to the EU from Northern Ireland.
What should be included in Intrastat?
Intrastat declarations
- Description of the goods.
- Commodity code of the goods.
- Quantity and value of the goods.
- Delivery terms.
- Country of departure and arrival (using country codes)
- Any shipping costs.