How do I find my HS tariff code?

How do I find my HS tariff code?

The HS code for your product will be listed on the commercial invoice a buyer receives with their order. It may be used to classify products upon export and to calculate applicable taxes and duties upon import.

What is the HS code for customs?

Harmonized System (HS) Code The Harmonized System classification is a six-digit standard, called a subheading, for classifying globally traded products. HS codes, also called HS numbers, are used by customs authorities around the world to identify the duty and tax rates for specific types of products.

Is customs Code same as HS code?

Harmonised System (HS) codes are an international standard for calculating Import Duty tax. Controlled by the World Customs Organisation (WCO), the system was first introduced in 1988. For instance, the UK commodity codes are taking their first 6 digits from the corresponding HS code.

Is HS code same for all countries?

Being an internationally recognized standard, the first 6 digits of the HSN Code are the same for all the countries. But for further classification countries have added more digits to their respective HS Code systems.

What is a HS code for shipping?

Harmonized Commodity Description and Coding System
HS code is short for Harmonized Commodity Description and Coding System. It’s a list of numbers used by customs to classify a product.

What HS code means?

Harmonised Commodity Description and Coding System
HS code is the short form of Harmonised Commodity Description and Coding System. Basically, it is a standardised format of classifying or describing type of shipments worldwide. When goods are transported internationally, HS code is issued based on the classification of the shipment.

What is HS code in FBR?

Pakistan Customs follow the HS Code (Harmonized System Codes) or PCT Codes ( Pakistan Customs Tariff Codes) for Classification of Goods, these code consist of eight digits where first two represent Chapter and second two represent Sub- chapter and after decimal place four digit represent code of item.

What is HS code for international shipping?

What is an HS Code? The HS (Harmonized Commodity Description and Coding System) Code is a 6–10 digit number that is required for all international shipments. This number is used by customs to identify the products shipped across international borders.

What is HS code in shipping?

What’s an HS code? Harmonised System (HS) codes are based on goods descriptions. They’re used throughout the world to classify international shipments and assess which taxes, duties and restrictions may apply.

Is HS code Different for import and export?

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. Schedule I has 21 sections and 98 chapters.

What is HS code in import and export?

HS Code stands for Harmonized Commodity Description and Coding System.. The system is used by more than 200 countries and economies as a basis for their Customs tariffs and for the collection of international trade statistics. Over 98 % of the merchandise in international trade is classified in terms of the HS.

How do I get HS code?

The six digits of an HS code can be broken down into three parts:

  1. The first two digits identify the chapter the goods fall in. Example: 09 (Coffee, Tea, Maté and Spices)
  2. The next two digits identify a heading within that chapter.
  3. The last two digits denote a sub-heading that makes the classification even more specific.

How to search Hong Kong Harmonized System (HKHS) codes?

Search. For lodging import/export declarations in Hong Kong, commodity code in terms of the full 8-digit Hong Kong Harmonized System (HKHS) code has to be used for classifying the goods. Search function enables you to search suitable HKHS codes for your goods by inputting the keyword/phrase or partial/full commodity code.

How to search HKHS codes for import/export declarations in Hong Kong?

For lodging import/export declarations in Hong Kong, commodity code in terms of the full 8-digit Hong Kong Harmonized System (HKHS) code has to be used for classifying the goods. Search function enables you to search suitable HKHS codes for your goods by inputting the keyword/phrase or partial/full commodity code. Keyword (s) / phrase:

How much does it cost to declare goods in Hong Kong?

With effect from 1 August 2018, the charge for each import and export declaration will be capped at $200. The cap will apply to goods imported, exported or re-exported to and from Hong Kong on or after 1 August 2018. For enquiries, please call 2707 7748 or email [email protected].

What does HS stand for?

Hong Kong Imports and Exports Classification List (Harmonized… The Harmonized System (HS) has been designed by the World Customs Organization (WCO) to serve as a multi-purpose classification suitable for use by customs and statistical authorities, traders, carriers and others concerned with international trade.