What is the HS?
HS stands for hormone-related product description and coding system.
International standard for reporting products of HS customs and other government agencies.
It is a numerical language that is used by more than 200 countries worldwide and it adds 98% of international commodity trade.
HS is created and managed by the Brussels-based World Customs Organization (WCO).
Harmonized Commodity Description and Coding System, also known as Rate Naming Harmonized System (HS), is an international standard system for name and numbers to classify business products. It came into effect in 1988 and has been developed and managed by the World Customs Organization (WCO) (formerly Customs Cooperation Council), an independent intergovernmental organization located in Brussels, Belgium with 200 member countries since 1988.
What are HS codes?
HS codes are basically the language of international trade. They describe the 6-digit numeric code, which is sending “keys” to and from across the world, making HS codes on the basis that all modern customs management systems work. Most customs authorities need to supply HS codes in import and export announcements.
Difference between HS codes and Tariff codes?
The first 6 digits of HS code are common in all countries. Each country is allowed to add additional numbers according to its own customs and statistical requirements, 8, 10, and sometimes 12-digit national codes are created.
HS code classification?
HS classification is the process of determining numerical HS code for products importing or exporting.
Why important of HS code Classification?
In most countries, importers and exporters are legally required to declare their products in customs using HS codes. HS codes will identify tariffs and tax rates that will be evaluated, restrictions or restrictions, and permissions or licenses may be required. In many countries, importers must report HS codes to their customs before being loaded for export. In the United States, this compulsory improved cargo report program is called “Importer Security Filing” (“ISF”, or “10 + 2”).
How to use HS codes many companies?
HS codes are used by companies to comply with trade regulations, to sell overseas and to identify sources of information and to link the components of collection and compliance to the supply chain, to calculate the true and total landed cost of imported articles and materials.
Have difficult classification of HS code?
HS classification is extremely difficult. Several government studies have shown that 1 in each of the three entry points is classified incorrectly.
These high rates of errors are caused by two main causes.
First, the rules governing HS naming and classification process (such as general explanations and rules of HS Legal Note) are very complex. The average national tariff schedule is more than 2,000 pages, and although several million products are classified as theoretical, only a few thousand are explicitly mentioned in the nomenclature.
Secondly, there is a deep gap between how the product is described in HS naming and how it is published in general commercial terms. For example, to properly classify an “electric toothbrush”, it must be recognized with electro-mechanical home appliances, customized electric motors, without vacuum cleaner of 85.08 titles. Other ”
These factors mean that most of the products are almost impossible by searching for a common keyword.
Have changes of HS codes?
Yes, the HS code is subject to revision every 5 years. National tax code changes more frequently – sometimes several times per year.
HS is rationally organized by economic activity or material components. For example, animal and animal products are found in one part of HS, while machinery and machinery are available. HS is organized in 21 departments, which is divided into 97 chapters. 97 HS chapters are about 5,000 titles and more subdivided into the subcontinent.
Categories and section titles describe a wide range of product, while title and subheadings describe the product details. Generally, HS departments and sections are arranged in terms of product degradation or its technical complexity. For example, natural products such as live animals and vegetables are described in the primary section of HS, when more advanced products such as machinery and precision instruments are described in the following sections. The section of the individual divisions is usually organized for the degree of complexity or production. For example, in section 10 (wood or other fibrous cellulose materials; recovery (waste and scrap) paper or papers; paper and papers and articles), section 47 provides decoration of wood or other fibrous cellulosic materials. Chapter 49 covers printed books, newspapers, and other printed topics. Finally, the headings in separate chapters follow the same order. For example, the chapter 50 (Silk) provides the title of the first silk and covered by the next headline of the article chapters made of silk.
HS code consists of 6-digit. First two nominees nominated in the HS section. The second two numbers nominated for the HS title. The third two numbers determine the HS subcontinent. HS code 1006.30, for instance, indicates Chapter 10 (Serial), Title 06 (rice) and 30 Miscellaneous (Semi-mild or fully mixed rice, whether it is polished.
HS code recruitment process is known as “HS classification”. All products can be classified into HS using common rules for Harmonized System Explanation (“GRI”). HS codes can be determined by various factors, including the composition of the product, its form and its functions. An example of classified products as per its form will be a whole potato. Depending on whether the potatoes are fresh or frozen classification classification. Fresh potatoes are classified under 071.90 position under the head potato, fresh or cold, sub headers, frozen potatoes under the leafy vegetables (0710.10) steaming or steaming in the water), frozen, sub-head potatoes.
An example of a classified product, according to its material composition is a photo frame. Wood-framed photo frames are classified under 4414.00 sub-titles, which provide wooden frames for painting, photographs, mirrors or similar objects. The frames made of plastic are classified under subsections of 3924.90, which provide articles of plastic tables, kitchens, other household articles and healthy or toilet articles. Other Glass frames are classified under 7020.00 segments, which are provided for other articles in Glass. And so
An example of classified products as per its form is personal hygiene soap. In the form of bars, cakes or molded shapes, such as the soap is classified under sub-section 3401.11, which provides soap and organic surface-active products and preparations in bars, cakes, molded pieces or shapes, and paper form. Feeled, felt and nonwovens, impregnated, coated or covered with soap or detergent: for toilet use (including medical products). On the contrary, the liquid hygiene hygiene is classified under soap 3401.20, which provides soaps or 3401.30 in other forms, which provide preparations for the preparation of organic surface-active products and skin wash in the form of liquids or creams and sell them in retail. Sale, whether soap containing or not.
A carbon monoxide (CO) detector is an example of classified products according to its function. If CO Detector holds and displays gas measurements, it is properly classified under the sub-heading of 9027.10, which provides equipment and equipment for physical or chemical analysis (for example, pole, measurement, spectrometer, gas or smoke analysis equipment; And measurement of equipment, measurement, expansion, surface tension or similar test, heat, light or light quantity ( Equipment and equipment for measuring or testing; Microtom gas or smoke analysis equipment. If the CO detector is not caught and the gas measurement is displayed, then according to the title of 8531.10, it can be used for electrical sound or visual signaling equipment (for example, bells , Seiron, index panel, burglar or fire alarms) are classified under 8531.10 on fire or fire Larma and similar equipment.
Although each product and each part of each product is classified in the HS category, it is rarely mentioned in the HS nomenclature. Provide a “residual” or “basket” title that does not have a clear description for any product, or other products which can be classified under the sub-continent. The remaining codes usually happen in the end of the numerical order under their respective headings and subheadings.
An example of a classified product under the remaining residual title is a live dog, which should be classified under 01.06, which is provided for other live animals because dogs are not covered by 01.01 to 01.05 headings, which are clearly live ashwin, live bovine, live swine, live Sheep and goats, and live poultry, respectively.
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