The Harmonized System of Nomenclature is a 6-digit code that helps to classify universally systematically. The World Customs Organization developed it. It is considered the global standard for the differentiation of products/goods. HSN codes are unnecessary for businesses with a yearly revenue of ...
Understanding HSN Code with an Example Let's take the example of laptops in the United States using the Harmonized Tariff Schedule (HTS) system. Here's how the classification works: The extended 10 digit HTS Code in the United States for laptops is 8471.30.01.00 Breakdown of the Code: ...