How to determine HTS code?
In this article we look at how many trade compliance professionals approach HS classification. We will not cover the general rules of interpretation of the harmonized system in this article,…
In this article we look at how many trade compliance professionals approach HS classification. We will not cover the general rules of interpretation of the harmonized system in this article,…
1. Is the use of HS codes international? HS codes are used almost globally to identify goods that are imported and exported from countries. All countries that are members of…
The HTS or Harmonized Tariff Nomenclature is updated by the World Customs Organization every 5 to 6 years. This is not a mandatory review time frame. The latest version of…
In this third part of our series of articles covering each of the 6 rules for HS Classification, we look at the third general interpretative rule. which is split up…
HS codes are declared by both importers and exporters to Customs authorities during the Customs clearance process. In most countries, the import HS code and the export HS code are…
Businesses involved in cross border trade may find themselves dealing with several different product classification systems, each with different purposes. It is important for traders to classify their products correctly…
HS classification of chemicals is challenging because until most other commodities, it requires technical expertise in chemistry and knowledge of how to determine a HS code using the general rules…
HS code refers to the Harmonized System of product classification used internationally in the trade of goods. It was created to facilitate the categorization of traded goods in an easy,…
Dealing with the “Others” In India In the middle of January 2020, Piyush Goyal, the Indian Minister for Commerce and Industry announced that import restrictions would likely soon be placed…