Learn about HTS codes, including why they’re essential for international trade, how to determine the correct HTS codes assigned to your products, and their impact.
Understanding HS codes (Harmonized System codes): what you need to know Find out everything you need to know about HS (Harmonized System) codes, including the structure and components of HS codes, and why they are important. #LogisticsAdvice ...
As part of the declaration of goods, the 4-digit HS Code (Harmonized System Code) for each applicable item/commodity is required (6-digit HS code can be used and is recommended). The Sender must provide all required information on the relevant sections of the waybill and customs invoice. T...
Canadian customs calculate tariffs based on the Harmonized Commodity Description and Coding System (HS codes). Besides that, all goods imported into the country are subjected to Goods and Services Taxes (GST) of 5%⁵ unless specifically exempted. Duty rates vary depending on the t...
Additionally, our exporting tools enable you to find and manage harmonized tariff codes, calculate landed cost estimates and check compliance information, all in advance. Whether you're exporting from Yuma or importing from the Yukon, know you can always rely on UPS to get your items exactly ...
How can I find HS codes in Canada? Once a company pays the import GST, it should also consider customs duties. Customs duties are based on the 10-digit HS or HTS code. An HS or HTS code stands for Harmonized System orHarmonized Tariff Schedule. Developed by the World Customs Organization...
The Harmonized System Common Mistakes (Don't Do These 5 Things) Cross-Border Canada in 9 Steps (BONUS: Infographic) Using a Customs Broker in Canada Cross-Border Shipping Though a good cross-border freight services provider will make things easier for you, there are some steps you need to ...
HS codes are important because they simplify automating duties and import tax estimates and help shipments clear customs faster. It’s recommended that you have Harmonized System codes as well as the country of origin on all of your products to optimize duties and import taxes calculation accuracy...
For shipments entering Canada from the United States, tariff cost is determined based on the harmonized standards of the World Trade organization (HTS Codes). One additional benefit is that NAFTA disposed of taxes on all Canadian-bought products fabricated in the US. Nonetheless, if an item incor...
As you can imagine, there are millions and millions of different products that exist in the world. How can a customs official be expected to know the details of every single reverse osmosis water filtration system and 2-in-1 Rice Maker/Slow Cooker in the world? Easy- theHarmonized System....