HTS stands for Harmonized Tariff Schedule, a classification system used in the United States to helpdeterminecustoms duties.Schedule B codes are ten-digit numbers used by the US Census Bureau tomonitorUS exp
Hybrids, however, are defined by whether their alternative fuel type is gasoline or diesel, by their engine displacement, and by whether or not they have the means to recharge by plugging in to an external power source. Here is the breakdown of these new Schedule B codes. 8703400045...
TheSchedule B codeis a 10-digit subset of HTS codes for U.S. exporters.Schedule B codes are used for statistical purposes by the U.S. government to monitor U.S. exports. Companies that export typically use the appropriate Schedule B codes for their products rather than HTS codes on their...
It’s important to understand the variations in HS numbers versus HTS and Schedule B codes because the four-digit difference could change the classification of your international export. For exports, you can’t simply use an HTS or Schedule B number in place of an HS number. Consider the abo...
While it is possible to use the HTS Code in place of the Schedule B Code for export from the US, the reverse cannot be done. This means that Schedule B Codes cannot be used in place of an HTS Code for an import into the US. Therefore, if you are an US exporter, you should be...
Schedule B is maintained and published by the United States Census Bureau and based on the HS. To summarize the differences between HTS and Schedule B: HTS codes are used for international imports; Schedule B codes are used for exports. HTS codes are governed by the USITC and enforced by ...
To conclude, properly using Harmonised Tariff Schedule, Schedule B & HSN codes is a must in the import and export business. While a mistake may not be seen immediately, checks may find errors months or years after custom clearance. In turn, importers can face severe financial...
Email:eid.scheduleb@census.gov Phone: 1-800-549-0595 option #2 Web sites: https://www.census.gov/trade(Foreign Trade Web site) https://www.export.gov(International Trade Administration, get help finding international customers) https://usatrade.census.gov(The official source for U.S. merch...
, in United States (US), a ten digit code is built to classify traded goods which are called Schedule B. In India, 8 digit code used named as Indian Tariff Code ITC. The member of Word Customs Organization who adopted HS code system is not supposed to alter first six digit codes....
Correct, consistent, legally defensible tariff classifications are at the heart ofimport compliance. You are responsible for ensuring that proper HTS tariff classifications are used for all your imports, and Schedule B codes for your exports. You can’t afford tariff classification mistakes and inconsi...