Find out everything you need to know about HS (Harmonized System) codes, including the structure and components of HS codes, and why they are important.
Find out everything you need to know about HS (Harmonized System) codes, including the structure and components of HS codes, and why they are important.
HS codes, also called HS numbers, are used by customs authorities around the world to identify the duty and tax rates for specific types of products. You can learn more about these codes in our comprehensive resource for all exporters—Classifying Your Products for International Trade.HS codes a...
HTS vs. HS Codes vs. Schedule B Knowing what an HTS code is, you should have no trouble differentiating it from other codes used in international trade to or from the US. Nevertheless, if you’re still unsure of the difference, here are the other, commonly mistaken codes compared. HTS ...
If you’re sending international parcels, there’s a good chance you’ll have heard of commodity codes. UK commodity codes are also called tariff codes or HS codes. But what is a commodity code? Commodity codes are internationally recognised reference numbers used to describe specific goods ...
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. ...
International shipping labels are more complex due to the additional information required for customs clearance. These labels must include country-specific details, such as customs declarations, harmonized system (HS) codes, and descriptions of the contents. International labels are crucial for avoiding ...
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 ...
It’s important to note, the HS codes are uniform and recognized in most of world trade. This means if you export from the United States, the HS code in the country of destination will almost certainly be the same in that country. Of course, the suffix of the full code...
In other words, even when you are using FAK rates for freight rates, you’ll still need the right HS code for customs rates. Your forwarder can help you determine the correct HS codes for your goods. Discover Freightos for seamless shipping ...