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 customs duties, taxes, and ...
The Harmonized Tariff Schedule of the United States may be considered, for the most part, representative of most international tariff schedules. There are over 17,000 items in the U.S. schedule, each with a unique ten digit classification code. Each digit of the U.S. tariff schedule code ...
The Harmonized System (HS) code in customs is a system to label commodities to identify products internationally. Learn more about it with DHL Express Singapore.
Harmonized codes may be referred to in more than one way, depending on where the shipment is going and who is responsible for it – for example, they’re also known as HC, HTS, commodity code or tariff, depending on the country. Finding the correct commodity code is crucial for ...
The first question that you might have right now might be, what is a Tariff code and how is it different from the HS Code that we just mentioned? Well, the answer is simple. They are both the same. Harmonized System (HS) codes are often used interchangeably with Tariff ...
In the US, this system is known as the Harmonized Tariff Schedule of the United States (HTSUS). What does an HTS code look like? The first six digits are an HS code, and then the next two digits link to the sub-heading of the HS code, which establishes duty or tax rates for the...
A harmonized tariff is the process by which the names and classification system of tariffs are standardized via the international market. All classification procedures for products traded between nations have the same descriptions no matter where they are shipped or delivered. This is true for import...
HTS is the abbreviation of Harmonized Tariff Schedule. HTS was established on the basis of HS. It is a general item code formulated by the World Customs Organization in January 1989. ) Among them, the number of goods codes is 4 or 6 digits, and then each country formulates detailed codes...
Harmonized Tariff Schedule (HTS) and Code Exploring Tariff Numbers and Tariff Codes An Example of a Tariff: Tariff Rate Quota (TRQ) FAQs Sell on Alibaba.com What is a Tariff? A tariff is a tax or duty imposed by a government on imported or exported goods. It is one of the tools used...
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 ...