HS code stands for Harmonized System code. What is an HS code for shipping? An HS code is a globally recognized classification of a traded product, via a system of names and numbers. How do I find the HS code for my product?
We've been helping people correctly classify their goods with Shipping Solutions for decades and while it’s not wrong to use those terms interchangeably in casual conversation, it is important to understand the differences—if not, you could get into trouble, and your shipment could, too!
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 product beingshipped. The final two digits are a statistical entry that is used to collect trade da...
When you fill out a waybill for your international shipment, you will be required to enter the HS code(s) of the goods. Customs authorities will use this code to understand what is being shipped and apply the correct taxes and duties. If you include the incorrect code, you could end up ...
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. ...
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License Exception TSR is available for exports and re-exports destined for countries in Country Group B for ECCNs with National Security (NS) as their only Reason for Control and with “TSR—Yes” listed under their entry on the CCL. To be eligible for this license exception, the exporter ...
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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 C...