The US applies the Harmonised System (HS) codes for classifying and calculating tariffs. Depending on the origin of products, customs duties and tariffs may vary. Duties and taxes are calculated ad valorem based on the Cost, Insurance and Freight value. It’s also important to not...
Tariff classification is key in establishing the rate of duty on imported items and in determining eligibility under preferential trade agreements. All commercial and ProForma invoices must contain the ten-digit Harmonized System (HS) classification codes for all products on the shipment at time of cu...
HS codesare an international system for tracking trade goods. They form the basis for all tariff codes, including the first 6 digits of Schedule B numbers and HTS codes in the US. You’ll often find HS codes on invoices and shipping documents around the world. ...
the country’s import of South Korean equipment decreased by 20.3 percent compared to 2022 from 5.61 billion dollars to 4.47 billion dollars. It analyzes 19 HS codes relevant to semiconductor equipment, such as exposure, cleaning, etching, deposition...
Section 321(De Minimis) Under $800 Shipments under $800 qualify for duty-free entry under the De Minimis rule, with no customs bond or duties required, streamlining the clearance process.Harmonized System Code (HS Code)HS Code Lookup Browse HS Codes SearchWhile the value of shipments plays a...
Search Global Export Import Trade Data Type Your Product (ex : brass, rice) Recent Searches:No Recent Searches HS Code List of India, China and UK. The Harmonised Commodity Description and Coding System, popularly known as Harmonizsd System or HS, is a multipurpose international goods nomenclatu...
Search Global Export Import Trade Data Type Your Product (ex : brass, rice) Recent Searches:No Recent Searches Chapter - 66 Sun umbrellas and walking sticks in whips and riding-crops with parts thereof Hs CodeDescription US Hs Code - 6601 : Umbrellas and sun umbrellas ( incl walking-stick ...
Using the HS codes provided by USTR, the categories where the US is currently most dependent on China in terms of import share are permanent magnets (80%), non-EV lithium-ion batteries (72%), and graphite (70%). Within each category, different products have different degrees of import dep...
While the customs duties regulations in the United States are clear-cut, the shipment's value isn't the sole determining factor. Refer to this guide for precision.
There are three ways to classify your products for export controls: You can self-classify your products, submit a SNAP-R request for a CCATs ruling, or rely on the product vendor. We talk more about these processes in our article Export Codes: ECCN vs. HS, HTS and Schedule B. Click he...