HS Code: A key commodity classification tool in international trade

The HS code (Harmonized System Code, that is, the International Convention on the Harmonized Commodity Description and Coding System or the Harmonized System) is an international standard coding system used to describe and classify goods. This system is formulated by the World Customs Organization (WCO) and is adopted by more than 200 countries and regions as the basis for their tariff and trade statistics.

The following are some key information about the HS code:

Structure and Format:

The HS code usually consists of 6 digits. The first two digits represent the chapter, the next two digits represent the type of goods, and the last two digits represent the specific goods. Each country can add additional digits based on the 6 - digit code according to its own needs for more detailed classification. For example, some countries may use 8 - digit or 10 - digit codes.

Purpose:

Tariff Classification:Each country decides the tariff to be levied on a certain commodity according to the HS code.
Trade Statistics:Each country uses the HS code forimport and exporttrade statistics.
Licenses and Quotas:The import or export of certain goods may require a license or be subject to quota restrictions, which are determined according to the HS code.
Other Regulations:Certain goods may need to meet specific standards or regulations, such as health, safety, or environmental protection standards, which are also often determined based on the HS code.

How to Determine the HS Code:

Use the International Convention on the Harmonized Commodity Description and Coding System manual, which is an official document issued by the World Customs Organization. Consult professional customs clearance agents or customs consulting companies. Use the online query tools provided by the customs or relevant government agencies of each country.

Precautions:

(a) Choosing the correct HS code is very important. An incorrect code may lead to paying additional tariffs, customs clearance delays, or other problems.
(b) Due to technological progress and market changes, the HS code may be adjusted, so it should be checked regularly to ensure the use of the latest code.
(c) In short, the HS code is a very important tool in international trade. It provides a standardized and systematic method for describing and classifying goods, thus simplifying tariff, statistical, and other trade - related procedures.