HS (Harmonized System) codes are a set of numerical codes used to classify traded goods worldwide. HTS (Harmonized Tariff Schedule) codes, however, are used by US Customs and Border Protection to determine the applicable customs duties, taxes, and tariffs for imports. ...
3) Use Google, but always cross-check with the official HTS. HS and HTS codes: what’s the difference? HTS codes (Harmonized Tariff Schedule codes) enable US customs authorities to determine the applicable tariffs and duties on imports. HS codes (Harmonized System Codes) are used to identify...
Commodity codes, also known as tariff codes, are internationally recognized reference numbers used to describe specific products during the import and export of goods. These codes are essential for customs declarations and can be found using a trade tariff tool. Most import commodity codes consist of...
The remaining four digits provide additional detail for statistical export purposes. Schedule B codes help the U.S. government track exports. While both HTSUS codes and Schedule B numbers are utilized for tracking imports and exports respectively, it is important to note that Schedule B numbers ...
According to a Notice to Exporters from the USITC,1for reporting electronic export information in the Automated Export System (AES), the statistical reporting numbers in the HTS (with their respective descriptions and units of quantity) for articles in chapters 1 through 97 may be used instead...
HTS codesare like Schedule B numbers, but for importing goods into the United States instead. They’re also made up of 10 digits, and they help the US government to track imports and apply the right tariffs to different products.
Just like HTS codes, the first 6 digits of the Schedule B number are the HS code for the same product category; however, the last four differ from HTS codes. In addition to recognizing exporting products, the Schedule B numbers are also used to strengthen the US export compliance. Simply ...
For example, HS code 950662 covers all types of inflatable balls. HTS code 9500662404 refers specifically to footballs. The last four numbers will vary from country to country, so you can’t use the same HTS codes globally. If you’re looking for U.S. codes specifically, you can find ...
As a signatory to 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 Schedu...
HTS codes are unique, 10-digit numbers that are used universally in international trade, but their tax implications will differ in individual jurisdictions. In the US, for example, the HTS codes are administered by the US International Trade Commission (USITC), which links the codes to the rele...