Here is the answer to the frequently asked question on what is an HTS code and the difference between an HS code & an HTS code
What is an HTS code? HTS codes: A glossary A brief history of HTS codes Structure of HTS codes How HTS chapters work How HTS codes and tariffs work Common issues with HTS codes How to add HS codes to your Shopify goods The future of HTS codes ...
The HTS is a hierarchical numerical structure for describing goods for duty, quota, and statistical purposes in the United States. The system is based upon the HS. Be aware that the HTS is sometimes referred to as the Harmonized Tariff Schedule of the United States (HTSUS). HTS code HTS nu...
be classified by a changed commodity code from the imported inputs to final exported goods. This would mean that the inputs used to produce the good you’re exporting can be of non-originating status, so long as the final good being exported is classified under a different commodity code. ...
Schedule B Code versus HTS Code In the US, a Schedule B number is a 10-digit number used to classify physical goods for export to another country, with the first six digits being the HS Code. The initial six digits of HTS Code (which is the HS Code) and Schedule B numbers will alwa...
HTS Code Customs Broker Customs Bond Related FAQs What is a customs broker? Importer's Guide to HTS Codes Learn about Harmonized Tariff Schedule (HTS) Codes, the system of import classification, and how you can apply it to your business. ...
As seen in the image above, the HTS code for this particular product is simply ‘0000’. This means that there is 0% in customs duty to pay as an importer, regardless of the product’s country of origin. But there is a 20% value-added tax (VAT) to pay, again, regardless of the...
HTS Code Customs Broker Customs Bond Related FAQs What is a customs broker? Importer's Guide to HTS Codes Learn about Harmonized Tariff Schedule (HTS) Codes, the system of import classification, and how you can apply it to your business. ...
What is a Schedule B Code?The Schedule B code is 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.Schedule B codes are maintained by the U.S. Census Bureau instead of the ITC. As...
Commodity Description and Coding System (HS) is the mechanism by which international tariffs are standardized. If you ship items overseas, you are required to classify them according to the harmonized system. Each country has its own Harmonized Tariff Schedule (HTS),i.e, USA HTS Code 8473309100...