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...
Learn about HTS codes, including why they’re essential for international trade and how to determine the correct HTS codes for your products.
While both codes are for use in the US only and classifies goods being shipped, it is the shipper’s responsibility to know the difference to provide the correct international shipping code for the products being shipped. Knowing the difference will make determining the tariff rates, verifying ...
HS codes (Harmonized System Codes) are used to identify goods traded globally. Start selling online now with ShopifyStart your free trial Want to learn more? What is Consignment? Consignment Definition and Benefits ePacket Delivery: Everything You Need to Know International Shipping: How to ...
HTS codes are 10-digits (the first six digits are the same as the HS code for the goods). The HTS is published by the US International Trade Commission (ITC). HTS codes allow you to estimate duties you will be expected to pay on your shipment when it enters the US. ...
And having accurate HTS codes on all your international shipments is important in keeping yourself from customs fines. HTS Codes: Where to Find Them If you are looking for HTS codes, the government has made them readily available online. If you go to: https://hts.usitc.gov/ it will bring...
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...
are administered by the U.S. International Trade Commission (ITC). It’s very important that all U.S. 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...
Over 98% of the merchandise in international trade is classified in terms of the HS. HS codes are used for goods only and not relevant for services. Why are HS codes and HTS codes important for global trade? The Harmonized System code for goods, or it’s full name – the Harmonized ...