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Hs Codes, Hs Code, Hs Code List
Harmonized system code is of prime importance in international business. Hs Codes are well defined for each and every product. It is a unique eight digit number accepted throughout the world. Hs code is used to categorize items for import and export. It is maintained on international level and all the shipments all over the world are distinguished by this code.
In India Director General of foreign trade (DGFT India) maintains Hs code list for all items imported and exported from India. DGFT categorizes the product by a unique number for trading. DGFT may change or edit the particular commodity item code or assign the new code for any item. This code list is in 21 sections and 99 chapters. The main products in these 21 sections are Live Animals, Animal Products ,Vegetable Products, Animal or Vegetable Fats, Prepared Foodstuffs, Mineral Products, Chemicals or Allied Industries, Plastics & Rubber, Hides, Skins, leathers, Wood, Wooden Products, Pulp of Wood, Textile and Textile Articles; Footwear, Footwear, Headgear, Umbrellas, Sun Umbrellas, Walking-sticks, seat-sticks, whips, Riding-crops and Parts thereof; Prepared ...
... Feathers and articles Made therewith; artificial Flowers; Articles of Human Hair, Articles Of Stone, Plaster, Cement, Asbestos, Pearls, Precious Or Semi-Precious Stones, Metals, Base Metals & Articles, Machinery and Mechanical Appliances, Vehicles, Aircraft, Vessels and Associated Transport Equipment, Optical, Photographic, Cinematographic, measuring, checking, precision, medical or surgical Instruments and apparatus; clocks and watches; musical instruments, Arms and Ammunition, Miscellaneous Manufactured Articles, Works of art, Collectors' Pieces and Antiques.
HS code plays a vital role in application of custom duty or any other type of tax. Because of this all imported and exported items have become systematic and easy to categorize. Every trader needs latest Hs code for particular item which is imported or exported. Today more than two hundred countries are applying this code system for all international shipments.
In layman language Hs Code is a reference number which is unique for every item for both imports and exports.
Although it’s not mandatory under the Customs Act to declare the tariff classification however, it is expected that the importer should indicate the tariff heading and exemption notification at the time of presentation of bill of entry to appraiser to expedite the processing of clearance.
In the event of Customs Tariff Heading under which the party has declared his goods are not accepted by the customs department, appropriate classification against the importer.
There are so many sites and other books who maintain the updated Hs code list for traders. You may simply logon to these sites and locate your desired item code.
www.cybex.in is leading online web portal serving the Exim community for a long time now. You can check the HS Codes, Harmonized system codes, Custom Tariff Head, HS Code Search, Commodity classifications, Export Import Classifications, ITC HS codes, Exim Classification codes, Complete List of Indian HS Codes etc on www.cybex.in absolutely free of cost.
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