The Harmonized Commodity Description and Coding System, often known as the Harmonized System (HS) of tariff nomenclature, is a globally defined system of names and numbers for classifying traded goods.
An HS code's six digits can be split down into three parts:
The first two digits indicate which chapter the items belong to. 09 (Coffee, Tea, Maté, and Spices) is an example.
Within that chapter, the next two digits identify a heading.
The last two digits indicate a sub-heading that further refines the categorization.
There are approximately 5,300 HS codes in circulation that identify export items broken down into headings and subheadings. They are also divided into 99 different chapters, each of which is divided into 21 sections.
Because it is a universal classification tool, you utilise an HS code. Many governments add extra digits to the HS number to differentiate products in specific categories. Every country's additional digits are usually different.
HS codes are a global method for tracking commercial items. All tariff codes, including the first six digits of Schedule B numbers and HTS codes in the United States, are based on them. HS codes can be seen on invoices and shipping papers all throughout the world.
Learner's Ratings
4.8
Overall Rating
88%
8%
4%
0%
0%
Reviews
J
Jay Vyas
5
This is just awesome course. I gained so much knowledge about Import-Export Business by learning this course.
LearnVern, you are doing an awesome job by teaching for free.
M
Md Sabbir Hasan
5
very Good
V
Vinod Kumar
5
VERY GOOG
V
Vinod Kumar
5
Logistic best course
A
Ayush
5
Thankyou
S
SACHIN
5
AWESOME
R
Rudra S
5
Excellent Tutor Kunal Sir has a lot of knowledge about the topic
Share a personalized message with your friends.