How do you read a HS code?
The first two digits designate the HS Chapter. The second two digits designate the HS heading. The third two digits designate the HS subheading. HS code 1006.30, for example indicates Chapter 10 (Cereals), Heading 06 (Rice), and Subheading 30 (Semi-milled or wholly milled rice, whether or not polished or glazed).
How do you read a 10 digit HS code?
HTS code. A 10-digit code that categorizes each imported good. The first six digits are an HS code. The subsequent two digits identify the US subheading of the HS code to determine the duty rate, while the final two digits are a statistical suffix.
What is the meaning of harmonized code?
A harmonized code is part of an internationally standardized system of names and numbers for classifying traded products – these codes are developed and maintained by the World Customs Organizations (WCO). This system allows all countries to be on the same page when classifying products before export and import.
How do you classify HS code?
HS codes are composed of 6 digits and broken down into: Chapters (first 2 digits), Headings (first 4 digits) and Subheadings (full 6 digits). The HS codes are further subdivided into 7- to 12- digit items depending on the country (also referred to as commodity codes and national tariff lines).
How do you read a 8 digit HS code?
In the 8 digit structure of an HSN Code, the first 2 digits define the Chapter, at 4 digit level are the headings, at 6 digit are the subheadings and finally at 8 digit are the tariff items.
What is a 6 digit HS code?
The World Customs Organization’s Harmonized System (HS) uses code numbers to define products. A code with a low number of digits defines broad categories of products; additional digits indicate sub-divisions into more detailed definitions.
Is HS code 8 digit or 10 digit?
Similarly, in India, goods for export and import have an eight-digit code called an ITC (HS) code, where ITC stands for Indian Trade Classification and/or Indian Tariff Code. This system has two schedules – Schedule I for imports and Schedule II for exports.
How do you read a 6 digit HS code?
HS code. A six-digit code that categorizes each imported good. The first two digits represent the chapter, the middle two digits represent the heading within the chapter, and last two digits represent the sub-heading within the heading.
Is HS code same for all countries?
In other words, first six digits of HS code (HTS code) are same in all countries. But countries can add additional digits to categorize and define commodities at more detailed level without modifying or changing first six digits.
Are HS codes different for each country?
There are six digits in an HS code. You use an HS code because it is a universal classification tool. Many governments add additional digits to the HS number to further distinguish products in certain categories. These additional digits are typically different in every country.
Are HS codes universal?
You use an HS code because it is a universal classification tool. Many governments add additional digits to the HS number to further distinguish products in certain categories. These additional digits are typically different in every country.
Are HS code universal?
HS Code. HS codes are universal while HTS codes are country-specific. They are both used to classify imported goods on a global scale.
How do I find the HS code for a product?
The first two digits give a rough indication of the product an refer to the various chapters of the list (HS-2). The following two digits within the code help to further identity the product category (HS-4). The final two digits within the code are extremely specific to the goods that are exported (HS-6).
How do I find my international HS code?
To determine what the HS Code for your product is in another country, you can use a lookup tool in a foreign tariff database, such as the Customs Info Database.