Harmonized code or HS Code can be an inevitable aspect of this import export deal. It is a unique numerical code assigned to various products and commodities Documents required for Import Export Code Registration Online while shipping from nation to another. In order to used to describe particular goods regarding import export trading platform.

The ITC HS Code List or India harmonized code list is regulated and maintained through Director General of Foreign Trade or DGFT India. The international coding system has been adopted in India for export import function. It is an eight digit code which has been developed at par with the international coding system to suit the requirements of the international trading community on the country. The code is basically, a special ID assigned to a particular trading product, which is by simply more than 200 countries across society.

DGFT India in the governing authority that takes care of the changes or formulation or addition of new codes the actual existing harmonized code guidelines. The authority performs periodical pursuits like commodity description, weeding out of defunct codes, addition of brand new codes, change of description of product etc. It maintains the harmonized code list, which is a range of such codes classified under 21 pieces. The 21 sections include Animals & Animal Products; Vegetable Products; Animal or Vegetable Fats; Prepared Foodstuffs; Mineral Products; Chemical Products; Plastics & Rubber; Hides & Skins; Wood & Wood Products; Wood Pulp Products; Textiles & Textile Articles; Footwear, Headgear; Articles Of Stone, Plaster, Cement, Asbestos; Pearls, Precious Or Semi-Precious Stones, Metals; Base Metals & Articles Thereof; Machinery & Mechanical Appliances; Transportation Equipment; Instruments – Measuring, Musical; Arms & Ammunition; Miscellaneous; and Works Of Art. Each of these 21 sections is further divided into 98 chapters. The chapters are further separated into sub-headings this agreement particular HS Codes to target other products are mentioned.

Every trader dealing in international market has to mention the particular code associated with his product in all the forms along with important paperwork that to be able to filled up at period of export import. All the attached activities like customs duty or excise duty or drawback rates or perhaps the exemption of commodities, are carried out in hitting the ground with the code mentioned in the papers. Hence one know that these codes are mandatory while dealing in foreign commerce. If the HS tariff list was not available, end up being have been very troublesome for the traders to watch for a particular segment of items. The list presents the entire product coding with a number of categories, simplifying a job of importers and exporters. You is likely to access this code list over the web with the internet data the likes of Infodrive Sweden. Besides providing additional HS tariff list, the company has also provided an inside search box for searching the codes of particular goods because of entering the product’s makers.

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