What Is HS Code UK?

Is HS code same as commodity code?

It’s very important that all U.S.

importers know and use the correct HTSUS codes, because commodity duties are assessed based on this classification.

An HTS code takes the same form as an HS code for the first six digits, and then has four differing last digits..

Is HS code same for all countries?

The World Customs Organization (WCO) has been administering 6 digits HS codes schedule. … However, each country can modify by adding two digits or four digits as per their requirements without changing first six digits. In other words, first six digits of HS code (HTS code) are same in all countries.

How many digits does HS code have?

6 digitsHS codes are composed of 6 digits and broken down into: Chapters (first 2 digits), Headings (first 4 digits) and Subheadings (full 6 digits). The HS codes are further subdivided into 7- to 12- digit items depending on the country (also referred to as commodity codes and national tariff lines).

What is a customs code?

Put simply, a CPC code (Customs Procedure Code) is your reason for import or export, expressed as either a seven digit number or a six digit number and one letter. … At the very least, a short written statement must be present on your customs declaration that clearly explains the purpose of your shipment.

What is a HS Code for shipping?

An HS code consists of at least six digits and is used by customs to classify the product being shipped. That way it can accurately calculate taxes and duties and apply any necessary restrictions.

What is HS Code in export?

HS Codes are important for government officials to identify goods being imported and exported in order to collect the proper taxes. HS Codes stands for Harmonized System Codes. … They identify products that are being imported or exported through a country’s borders.

What is China HS Code?

The word HS codes is an abbreviation from Harmonized Commodity Description and Coding System, the codes are used to classify products traded in a country. In China, HS codes are divided into 22 categories, which are in turn divided into 98 chapters.

What is product HS Code?

HS Code stands for Harmonized Commodity Description and Coding System.. … The Harmonized Commodity Description and Coding System generally referred to as “Harmonized System” or simply “HS” is a multipurpose international product nomenclature developed by the World Customs Organization (WCO).

What is a tariff code UK?

Each HS code describes a particular trade product, which allows governments around the world to charge the right tariffs. HS codes form the basis for tariff codes all over the world. For instance, the UK commodity codes are taking their first 6 digits from the corresponding HS code.

What does a tariff code look like?

What does a tariff number look like? A complete tariff code is no less than six digits and can be up to ten. … A string of fewer than six digits is considered a partial tariff number and represents a broad product category or chapter of products in the HS rather than a single item.

Is HS Code mandatory on bill of lading?

PAN & IEC of Notify must be present 6-digit HS (Harmonized system) code & filing of HS Code wise cargo description in the bill of lading and customs manifest.

Do I need an HS code?

The Harmonized system (HS) classification is a six-digit code for classifying internationally traded goods. … These digits differ across countries. These codes are required for international export documentation and all commercial invoices. In fact, any documents that are used internationally should display the HS code.

What happens if I use the wrong HS code?

Incorrectly classifying a product can lead to non-compliance penalties, border delays, seizure of the products, or even a denial of import privileges. As the exporter of the products, you are responsible for correctly classifying them, and therefore you are liable. Because classifying is complicated this can be a risk.

What is a 10 digit HTS code?

HTS (Harmonized Tariff Schedule) codes are product classification codes between 8-10 digits. The first six digits are an HS code, and the countries of import assign the subsequent digits to provide additional classification. U.S. HTS codes are 10 digits and are administered by the U.S. International Trade Commission.

What does a commodity code look like?

Commodity Codes are composed of ten digit numbers, however for certain goods there are an additional four digits. … The latter code is used for export declarations and Intrastat commodity codes declarations (a system for collecting statistics on the trade in goods between EU member states).

What are Intrastat codes?

From Wikipedia, the free encyclopedia. Intrastat is the system for collecting information and producing statistics on the trade in goods between countries of the European Union (EU). It began operation on 1 January 1993, when it replaced customs declarations as the source of trade statistics within the EU.

What is the HS Code for hand sanitizer?

HS Code used for Hand sanitizer – ExportHs CodeDescriptionNo of Shipments3402Organic Surface-Active Agents (Other Than Soap), Surface-Active Preparations, Washing Preparations (Including Auxiliary34022090Other541 more row

How do I find HS Code?

To determine what the HS Code for your product is in another country, you can use a look-up tool in a foreign tariff database, such as the Customs Info Database.