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.
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Jay Vyas
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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.
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prabhat sharma
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how many companies of import and export are hiring ? please provide the list and is it possible to start it without office as an individual ?
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Navghanji Sorabji Thakor
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Nice
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Captain Marvel
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Kunal Dugad Sir ! You nice learn to Import And Export for Free Of Cost - Thanks Kunal Dugad Sir and Learvern Team !
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Mr Asad
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our first question is Blance of trade?
its means when you start your international trde to another country so you have a conttact a banl of finance instituions for money to devlope a products this is
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Mahant Burman
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sanjiv chouhan
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Raj chauhan
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Ajay Kumar
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I have taken another courses on the subject but this is the best course I have gone through. Mr Duggal has explained in such a way that even a new learner can understand very well. Recommended.
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Subhadip Chakraborty
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This course has helped me a lot to gain a good quality of knowledge that I can use in my future job opportunities.
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