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.
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.
The importance of HS Codes in international shipping The HS code system can be pretty frustrating when you encounter it for the first time. Fortunately, with a little research and some practice, you can easily master this powerful international shipping system and start shipping your merchandise to...
HS Codes (or HTS Codes), also known as the Harmonized Commodity Description and Coding System, or simply the Harmonized System, are a standardized international system to classify globally traded products. The system was first implemented in 1988 and is currently maintained by the World Customs Org...
HTSUS codes are administered by the U.S. International Trade Commission and follow the HS code structure, adding an extra 4 digits for a total of 10 digits. When importing goods to the United States, importers must use the full HTSUS code using 10 digits. What are Schedule B Codes? The ...
Complying with harmonized code regulations is necessary for international shipping, and knowing the difference between HS and HTS codes streamlines the process; however, failure to place the proper code on a shipment puts the entire business at risk. Shipping compliance is lengthy, complicated, and ...
Using HS codes is essential for several reasons: Facilitates international trade: The use of HS codes provides a standardized method of classifying goods for international trade. This standardization makes it easier for importers and exporters to conduct business across borders, as they can be confiden...
Find examples of HS codes to use for international shipping. What is an HS code and why do you need one? Find out here.
HS codes are not just a formality but a critical element of international trade. Understanding and correctly applying HS codes is an indispensable skill for any business engaged in importing or exporting goods. How Do You Use the HS Code?
HTS represents Harmonized Tariff Schedule, a system applied in the United States for imported item identification and customs product classification. HTS codes are governed, published, and maintained by the United States International Trade Commission (ITC). But it is enforced by the Bureau of Customs...