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
HS encoding (or HTS code), also known as a coordinated product description and coding system, or referred to as the coordination system for short, is a standardized international system that is used to classify global transaction products. The first system was implemented in 1988 and is currently...
The Harmonized Tariff Schedule of the US1is a nomenclature system used to classify traded goods for import categorization. This is based on their material composition, product name, and/or intended function. An HTS Code is a 10-digit code specifically designed to ensure each article falls into ...
[Updated 2024] All you need to know about HSN Codes. HSN, which stands for 'Harmonized System Nomenclature' was developed by the WCO in 1988. Find out more about this 8 digit code, how it can be found, examples and how HSN works with GST invoices in our
Here is some advice on how to do this. Use the HTS Site to Find the Right Code The Harmonized Tariff Schedule is a document that you can navigate through to find the codes for your goods. If you enter the site linked, you’ll see that the products are already categorized, so it’s...
For free. Start free trial HS and HTS codes: What’s the difference? 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 ...
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That designation is important. The umbrella frames with the first HTS code can enter the U.S. duty-free; the umbrella frames for the latter have a 12% general duty rate.Global and U.S. HS codes have four components, which are identified by the green numerals beneath the digits:...
The Schedule B code for a particular product may differ from the HTS codes used for imports. Properly Classifying Your Products Not only is it important to understand when to use the six- or 10-digit classification on your export paperwork, it's important to identify the correct classification...
For classification of physical goods exporting out of the United States, we utilize the Schedule B designation. Schedule B is administered by the U.S. Census Bureau and just like the import HTS, the export Schedule B relies on the Global System Harmonized System issued by the WCO...