What is HS Code? How to Find HTS or HSN Code 2017?
27 September 2017
HS Code is Harmonized System
Code, which is also described as Harmonized Tariff Schedule and it is used in
import export business to define a product. Most of the countries use HS Code up
to 8 digit level. However, few countries like Russia, USA and South Korea use HS
Code up to 10 digit level. You can lookup country wise HS Code on our website http://www.exportgenius.in/hs-code
of HS Code
There are 98 Chapters listed in Harmonized System
and each chapter defines a specific category of a product. These chapters come
into 21 Sections. The HS Code consists of 8 digits. The first two digits define the Chapter.
Let’s say Chapter 01 is for live animals or Chapter 29 is for organic
chemicals. The next two digits define
the Heading. The third two digits
designate the HS Sub-Heading. And the last
two digits designate the Tariff Item Level. This is how 8 Digit HS Code
Let’s understand HS Code by
Facts about HS Code
HS Code came into effect in 1988.
It is developed & maintained by the World
Customs Organization (WCO).
· At present, 2017 edition of the Harmonized
System is the valid version applied in global trade activities, which came into
force from 1st Jan 2017. It includes 233 sets of amendments.
· Since inception, the Harmonized System has
undergone 5-time changes in the classification of products. These changes are
called revisions and were implemented in 1996, 2002, 2007, 2012 and 2017.
· Chapter 77 is reserved for future use of
classifying any product under Harmonized System.
· For Government, HS Code enables officials to
identify the goods being imported & exported for the purpose of duty &
tax collection, enforcement of national laws & international treaties and
analysis for worldwide trade negotiations.
· For importers and exporters, correct
classification of a product is a legal responsibility. Non-compliance can lead
to shipment delays, fines, increased inspections and other administrative penalties.
How to Find Right HS Code of your Product?
Export Genius did its best
to collect right HS Code List from Various countries, so you can check relevant
HS Code of your product in any country before doing import or export business
in the country! Find below how to search HS Code in various countries.
Code in India
HS Code is also known as HSN
Code in India. Goods are classified into Harmonized System of Nomenclature or
HSN. It is used up to 8 digit level. For HSN Code search of your product in
India, click on http://www.exportgenius.in/hs-code/india.
Code in USA
In United States of America,
goods are classified into Harmonized Tariff Schedule or HTS. It is used up to
10 digit level. For HS Code list of USA, click here http://www.exportgenius.in/hs-code/usa.
Code in Brazil
HS Code is commonly Known as
NCM Code in Brazil. The products in Brazil are classified into NCM Code, which
is used up to 8 digits. The full form of NCM is Nomenclatura Comum do Mercosul.
Search NCM Code of any product at http://www.exportgenius.in/hs-code/brazil.
Code in China
China uses Harmonized System
Code to classify commodities for imports and exports in 8-digit level. Sometimes
Chinese also use HS Code up to 10 Digit level to describe a product more
specifically. For HS Code of China, click here http://www.exportgenius.in/hs-code/china.
Code of Other Countries