What is HS code in shipping?
What is HS code in shipping?
HS code is short for Harmonized Commodity Description and Coding System. It’s a list of numbers used by customs to classify a product. Find out why they’re important and where you can get one.
What is an HS code in customs?
Harmonized System (HS) Code The Harmonized System classification is a six-digit standard, called a subheading, for classifying globally traded products. HS codes, also called HS numbers, are used by customs authorities around the world to identify the duty and tax rates for specific types of products.
How do you read HS codes?
The first two digits designate the HS Chapter. The second two digits designate the HS heading. The third two digits designate the HS subheading. HS code 1006.30, for example indicates Chapter 10 (Cereals), Heading 06 (Rice), and Subheading 30 (Semi-milled or wholly milled rice, whether or not polished or glazed).
How do I find HS code?
You can find the HS Code for your product in the UK with the Tariff Classification tool from . GOV website. Once you are on this website you will need to find a description that is the closest to your product.
How do I get HS Code?
The six digits of an HS code can be broken down into three parts:
- The first two digits identify the chapter the goods fall in. Example: 09 (Coffee, Tea, Maté and Spices)
- The next two digits identify a heading within that chapter.
- The last two digits denote a sub-heading that makes the classification even more specific.
Do I need a HS tariff number?
If you want to ship goods to anywhere in Europe or the rest of the world from the UK, having a UK tariff code will speed up the whole customs clearance process, but in addition, it’s now mandatory for all shipments to and from Europe.
Is HS Code required on commercial invoice?
Many countries allow for clearance of the goods without the HS code on the invoice as the importer of record is responsible to provide their broker with the correct HS code for customs entry purposes.
Is HS Code the same as commodity code?
Commodity Codes can also be loosely referred to as Taric Codes, HS Codes, Tariff Codes or Tariff Headings. It is important that you provide the right commodity code to ensure that you pay the correct amount of customs duties, taxes and other charges.
Is HS code a tariff 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.