The Harmonized Tariff Number is an identification code used for international trade. It allows for efficient identification of goods for legal and financial regulations. The number can be traced via the Harmonized System, which provides naming and numbering conventions for items shipped worldwide. There are 21 sections in the Harmonized System, with subsections identifying products […]
The Harmonized Tariff Code is part of the Harmonized Commodity Description and Coding System used by over 200 countries to classify goods into approximately 5,000 commodity groups. The system is organized into numerical chapters and helps nations collect trade statistics, monitor controlled goods, and develop trade policies. Countries assign customs duties according to the product’s […]
The harmonized tariff provides a standard naming system for classifying goods and commodities for international trade. The Harmonized Commodity Description and Coding Systems is used by around 200 countries, with each item assigned a classification number. The US Harmonized Tariff Schedule has over 17,000 items with a unique ten-digit classification code. Countries can add up […]
The Harmonized System (HS) is a classification system for over 5,000 products used by approximately 200 countries in their harmonized tariff schedules. Each commodity is assigned a unique six-digit classification number, which is used by all countries using HS in their rate cards. The HS is updated every five to six years and can be […]
