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What is a Harmonized System Code (HS Code)?What is an HS Code?How are HS Codes structured?What is the structure of HS code?Why is HS code important?How many digits does an HS code have?What are the variations of HS Codes in different countries?Where can I find the HS Code for a specific product?Can I search for products using HS Codes?How do I determine the correct HS Code for my product?Can the same product have different HS Codes in different countries?What are the benefits of using HS Codes?Can I search for products using HS Codes?Can HS Codes change over time?What if I cannot find the exact HS Code for my product?What is a Harmonized System Code (HS Code)?
Harmonized System Code (HS Code) is a categorization system developed and maintained by the World Customs Organization (WCO). It assigns a unique code to each commodity, which is used by customs agencies worldwide to identify products during customs clearance, determine applicable duties and taxes, and compile trade statistics. The HS code is universally recognized and applied in all countries.
The HS code system was established by the World Trade Organization (WTO) to standardize the classification of products. It consists of a six-digit code that provides a basic level of classification. However, countries have the flexibility to create national distinctions for tariffs and other purposes beyond the six-digit level. In some cases, additional digits can be added to the HS code to achieve a more detailed and precise classification of goods.