How to find HS code - Online Seller

By John

July 19, 2022

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What is Harmonized System HS Code?

Harmonized System (HS) codes, accepted by most countries in the world, the HS code is an identification code for goods used in international trade. HS codes are administered by the World Customs Organization (WCO) and are used internationally by customs authorities and companies to identify goods.

HS code work for?

The customs code are used by customs authorities, statistical agencies, and other government regulatory bodies, to monitor and control the import and export of commodities through:

Customs tariffs
Collection of trade data (international trade statistics)
Rules of origin
Collection of internal taxes
Trade negotiations (e.g., the World Trade Organization schedules of tariff concessions)
Transport tariffs and statistics
Monitoring of controlled goods (e.g., wastes, narcotics, chemical weapons, ozone layer depleting substances, endangered species, wildlife trade)
Areas of Customs controls and procedures, including risk assessment, information technology and compliance.
Companies use HS codes to calculate the total landed cost of imported products and parts, and to identify selling and sourcing opportunities abroad.

Note:

If you don’t include the HS code on the commercial invoice and other shipping documents, you risk the receiver paying the wrong tax and could possibly delay the shipment.

Classification of HS code

It is organized logically by economic activity or component material.

For example, animals and animal products are found in one section of the HS, while machinery and mechanical appliances are found in another. The HS is organized into 21 sections, which are subdivided into 99 chapters. The 99 HS chapters are further subdivided into 1,244 headings and 5224 subheadings.