Harmonized Tariff Schedule (HTS) codes are product classification codes that vary between eight and 10 digits.The first six digits are an HS subheading, assigned by the World Customs Organization (WCO) to classify goods for customs purposes. The countries of import assign the subsequent digits to...
Since Aug 1, 2018, China Customs has used new 13-digits HS code for Customs Declaration; If use incorrect HS codes for China Customs declaration, will resulting in the Customs Clearance failed, Cause additional Clearance time, more storage costs, substantial fines , administrative penalties, even...
HS codes are classified and maintained by the World Customs Organization or WCO. They basically have a committee known as Harmonized System Committee that will settle disputes, examine additional facts, and also assign new codes to new products. The idea is that HS codes are updated every 5 yea...
Discover how HS codes differ globally and find out how they appear in the top 10 busiest trade lanes, such as the United States, EU, UK, ASEAN, and Asia.
Discover how HS codes differ globally and find out how they appear in the top 10 busiest trade lanes, such as the United States, EU, UK, ASEAN, and Asia.
Accurate classification of import and export goods’ Harmonized System (HS) codes is essential for ensuring tax security. Applying text classification technologies for HS code classification can significantly enhance the prevention and control of customs tax risks. However, the goods text is a semi-str...
importers know and use the correct HTSUS codes because commodity duties are assessed based on this classification. An HTS code takes the same form as an HS code for the first six digits and then has four differing last digits.Use Case: If you are a U.S. importer, this is the code you...
Importer's Guide to HTS Codes Learn about Harmonized Tariff Schedule (HTS) Codes, the system of import classification, and how you can apply it to your business. Read the Guide Related Content Understanding HTS Codes Learn all about the Harmonized System, and how they may affect you. ...
the HS Convention, the USA uses the six-digit HS System categorization. However, for determining duty rates and statistical purposes, some countries break the classification down further by adding 1-4 numbers after the six digits. These numbers are called Harmonized Tariff Schedule (HTS ) codes....
Descartes CustomsInfo is part of a broad suite of leading global trade intelligence solutions from Descartes, covering everything from trade data research and product classification to denied party screening. HTS Code Classification Efficiently research classification, HTS/HS codes, valuation, and special...