What are HTS codes? ‘HTS’ stands for Harmonized Tariff Schedule, and HTS codes help importers and exporters to easily find and calculate the duty or tax to be paid on their products. HTS codes are unique, 10-digit numbers that are used universally in international trade, but their tax im...
If you’re a business owner trying to ship your goods overseas, understanding HS codes is a must to ensure a smooth logistical operation. Here, we’ll give you a quick overview of how these tariff codes work as well as how to read and determine the HS codes for your goo...
Tariff numbers and tariff codes, also known as Harmonized System (HS) codes, play a crucial role in international trade. They provide a common language for countries to classify and track goods as they cross borders. Each HS code corresponds to a specific product or category of products and i...
Unlike the HS, this system uses 10-digit commodity codes. The first six digits are based on the international HS, while the next four further distinguish goods in certain categories. This means you can convert a Harmonized Tariff code to an HS code by removing the last four digits. The ...
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A harmonized tariff schedule not only allows countries to categorize and charge duty fees for all manner of goods and commodities, but it also allows them to gather information about international trade. Many countries use the raw data provided by the HS and any additional country codes to study...
Learn about HTS codes, including why they’re essential for international trade, how to determine the correct HTS codes assigned to your products, and their impact.
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 codes, also known as commodity codes or tariff codes, are used to identify the item you’re sending so the customs authority in the receiving country can charge the correct customs fees and taxes. HS stands for Harmonized System. Harmonized System Codes were developed by the World Customs...
However, in the instances where this is not provided, then you will need to find the correct commodity codes yourself. How do I find the right Commodity Code? To find the right commodity code for your product, you need to visit the Trade Tariff website, where all the codes are housed....