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...
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...
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 ...
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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 ...
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...
HTS codes are used for international imports; Schedule B codes are used for exports. HTS codes are governed by the USITC and enforced by US Customs; Schedule B codes are governed by the United States Census Bureau. A brief history of HTS codes The HTS was enacted by Congress and brought...
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...
And having accurate HTS codes on all your international shipments is important in keeping yourself from customs fines.HTS Codes: Where to Find ThemIf 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 ...
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. ...