A Beginners Guide To Systems

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HTS Codes and HS Codes.

An HTS code is a harmonized tariff schedule developed by the World Customs Organization and are codes which are used to define and classify imported and exported goods. The Harmonized Tariff Schedule uses the names, uses, and materials a good is produced from to classify goods after which a ten-digit classification code number is assigned to the good. Since the Harmonized Tariff Schedule codes are specific only to the United States, the United States International Trade Commission is responsible for administering them. Commodity duties are based on Harmonized Tariff Schedule codes classifications and as such Harmonized Tariff Schedule codes are very important. An Harmonized Tariff Schedule Code is in the same form as an HS code for the first six digits and then has differing four last digits. Neither HS codes nor schedule B codes are similar to the HS codes.

A Harmonized System code can be described as a six-digit standard by which products are traced globally. The six digit standard is known as the subheading. HS codes are used all over the world by customs authorities to identify duty and tax rates for different and specific types of products. They are usually administered by the World Customs Organization and recognized in the majority of world trade.HS codes are usually administered by the World Customs Organisation and are recognized in world trade. Many governments recognize HS codes since they are a universal classification method. Governments around the world add some digits to the HS codes to help further distinguish the products to certain categories.Additional numbers are put to the HS codes by governments around the world to help them further distinguish the product to different categories. These additional numbers differ from country to country. Harmonized System codes are used for the reference of commercial invoices and export and import documents.

The harmonized system is organized into 21 sections, subdivided into 96 chapters which are also subdivided to headings and subheadings. The section and chapter parts describe broad categories of goods and the headings and subheadings are then used to further describe the goods to more detail. Technological complexity is used to categorize commodities in the sections and chapters. Natural goods are described in the early sections while technological complex goods are described in later sections. Vegetable products and animal products, for example, come in the earlier sections while machinery are described in later sections. In the chapters commodities are also arranged according to their degree of manufacture.

Schedule b code is a ten digit subset of HTS codes for American exporters. The United States government uses them for statistical purposes so as to monitor their exports. These codes are usually maintained by the United States Census Bureau. It is faster and much easier for classification of products under these codes as compared to using Harmonized Tariff Schedule codes.

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