How do I find my HTS code?
If you don’t know the HTS Code of your product, you can try to determine the HTS Code using the general rules of interpretation (GRI’s) to find the HTS that best fits your product. There is a searchable function on the USITC site (shown below) or Flexport’s HS Code Lookup Tool.
What is column 2 rate of duty?
Duty rates in column (2) are higher and are required for those countries that do not have normal trade relations status with the U.S. The countries that are eligible for international trade programs or subject to column 2 duty rates are listed in the HTS.
What is a 10 digit HTS 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.
What is Htsus classification?
Your Guide to Classify Goods for Customs The Harmonized Tariff Schedule of the United States (HTSUS) is the primary resource for determining tariff classifications for goods imported into the United States. Accurate classification is crucial for maintaining proper importing records and avoiding potential fines.
Are tariffs taxes?
A tariff is a tax imposed by a government of a country or of a supranational union on imports or exports of goods. Besides being a source of revenue for the government, import duties can also be a form of regulation of foreign trade and policy that taxes foreign products to encourage or safeguard domestic industry.
What is my commodity code?
A commodity code is a ten-digit number allocated to goods to classify imports 🛳️ from outside the EU. Every item will fall under a commodity code – and this commodity code dictates your duty rating, as well as alerts you to any import or export restrictions.
What is GSP benefit?
GSP promotes economic growth and development in the developing world. GSP promotes sustainable development in beneficiary countries by helping these countries to increase and diversify their trade with the United States. The GSP program provides additional benefits for products from least developed countries.
What countries are in column 2 rate of duty?
Currently, the only countries with Column Two status are Cuba and North Korea. Many countries that qualify for column one rates may also qualify for preferential duty rates under a variety of special trade agreements as listed in the “Special” sub column of Column 1.
Do I need a HS tariff number?
No, they aren’t a requirement, but they can help with faster processing of shipments and more accurate calculation of taxes and duties payable in the destination country. An Accurate Goods Description is required as this helps with the classification of items by carriers.
What is a harmonization number?
A Harmonization Number is a specific designation that the international mailing system assigns to products, so they can keep records of the types of items being imported into foreign countries.
What are tariffs?
What is the HS Code for clothing?
40159000
HS Code 40159000 – Articles, apparel, clothing.
How is the HTS code selected for an import?
These codes are not selected at random. Instead, they are assigned based on the Harmonized Tariff Schedule of the import country. If the US were to import steel for instance, the HTS code would reflect that of the United States’ Harmonized Tariff Schedule. These codes must be included on all international shipments—and for good reason.
What does HTS code beginning with 73 mean?
Let’s consider our Chapter 73 example once more. We know that an HTS code beginning with 73 indicates that the shipment contains “articles of iron or steel,” but what would an HTS code mean if it began with 7302? In this case, “02” serves as the heading of the HTS code.
What is the HTS code for an umbrella?
Let’s look at an example for umbrellas: 6603.20.3000 HTS Code with the additional designation “For hand-held umbrellas chiefly used for protection against rain” (vs. 6603.20.9000, which is for all other hand-held umbrellas not chiefly used for protection from rain).
What is the statistic suffix in HTS code?
Statistical Suffix—The Statistic Suffix is the final two-digit series in the HTS code, and it provides the remaining information required to understand the exact nature of a shipment.