Harmonized code or HS Code is actually inevitable aspect in the import export make trades. It is a unique numerical code sent to various products and commodities required while shipping from nation to another. It is used to describe particular goods in the import export trading platform.

The ITC HS Code List or India harmonized code list is regulated and maintained your Director General of Foreign Trade or dgft IE Code Registration Online India India. The international coding system has been adopted in India for export import action. It is an eight digit code provides been developed at par with the international coding system to suit vehicle of the international trading community from the country. The code is basically, a good ID assigned any particular trading product, which is used by more than 200 countries across society.

DGFT India in the governing authority that covers the changes or formulation or addition of new codes previously existing harmonized code listing. The authority carries out periodical pursuits like commodity description, weeding the particular defunct codes, addition of recent codes, change of description of product etc. It maintains the harmonized code list, which is a collection of such codes classified under 21 sections. 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. Both these 21 sections is further split up into 98 chapters. The chapters are further put into sub-headings under which particular HS Codes for different products are mentioned.

Every trader dealing in international market has to bring up the particular code regarding his product in all of the forms as well important paperwork that become filled up at the time of import export. All the attached activities like customs duty or excise duty or drawback rates or even the exemption of commodities, are finished in hitting the ground with the code mentioned in the papers. Hence one know that these codes are mandatory while dealing in foreign substitute. If the HS tariff list was not available, always be have been very troublesome for participants to investigation for a particular segment of items. The list presents the whole of the product coding with a lot of of categories, simplifying a job of importers and exporters. You is likely to access this code list over the internet with the internet data businesses like Infodrive The indian subcontinent. Besides providing a complete HS tariff list, organization has also provided an inside search box for searching the codes of particular goods it really is quite entering the product’s companies.

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