On the flip side, the Harmonized Tariff Schedule (HTS) is a numerical code that helps customs officials, shippers, and traders alike decipher the complex language of cross-border goods. HTS codes expand the six-digit HS code to ten digits and are managed by the US International Trade Commissi...
HS codesare an international system for tracking trade goods. They form the basis for all tariff codes, including the first 6 digits of Schedule B numbers and HTS codes in the US. You’ll often find HS codes on invoices and shipping documents around the world. ...
The Harmonized Commodity Description and Coding System, commonly known as HS Codes, HTS Codes, or Tariff Numbers, is a 6- to 14-digit code that classifies products for customs purposes. Managed by the World Customs Organization (WCO), the HS Code system is updated every five years....
Tariffs, duty and charges - before even considering having your products made in China, check out the harmonized tariff system codes to see what the costs for import to the US will be. Some $34billion worth of goods are now subject to tariffs which mean import costs have increased by 25%...
What is the purpose of the HS codes and Customs Tariff? The customs tariff is one of the most important customs documents because it allows you: to classify your products in theEuropean 8-digit Combined Nomenclature(CN). find out the customs dutiesapplicable to your goods imported into the Eu...
Since HS codes decide the tariff duty you pay for your imported goods,you must use the correct numbersthat accurately describe your products. If you think more than one code describes your product,choose a classification code with a higher dutyto avoid any issues arising from underpaid duties on...
Ensuring you have the proper tariff codes at the SKU-level can help make for a more seamless shipping process.I’m a strong believer in having local inventory in the country that we ship to. I don’t like to do cross-border shipments, just because there’s so much potential for delays...
who assist in navigating the complex procedures; Harmonized System (HS) codes, which classify goods for tariff purposes; and customs duties, which are taxes imposed on imported goods. Understanding these terms and the overall process is essential for businesses to avoid delays and ensure compliance ...
HS and HTS codes: what’s the difference? HTS codes (Harmonized Tariff Schedule codes) enable US customs authorities to determine the applicable tariffs and duties on imports. HS codes (Harmonized System Codes) are used to identify goods traded globally. ...
Where to check your tariff codes https://aidaonline7.adm.gov.it/nsitaricinternet/TaricServlet DHL’s expert tips for exporting to Italy Check if your goods incur VAT, duty, or are subject to additional paperwork. Italy has specific regulations that must be followed when exporting goods. You...