Exporting or Importing Goods?
Using the wrong HS Code can cause customs penalties.
What Is an HS Code?
HS Code (Harmonized System Code) is an international product classification system used in global trade.
Why Is HS Code Important?
It helps customs authorities:
– Identify product
– Apply correct import duty
– Track international trade
How Many Digits Does HS Code Have?
How Many Digits Does HS Code Have?
– First 6 digits → International standard – 8 digits → Country-specific classification
– First 6 digits → International standard
– 8 digits → Country-specific classification
Example of HS Code
57033010 → Tufted Carpet Different products = Different duty rates
What Happens If HS Code Is Wrong?
What Happens If HS Code Is Wrong?
– Customs delay – Extra duty payment – Heavy penaltie Shipment rejection
– Customs delay – Extra duty payment – Heavy penaltie Shipment rejection
How to Find the Correct HS Code?
–
– Check official customs tariff website
– Consult customs broker
– Use HS code search tool
– Verify product description carefully
If you export between India and Nepal,
correct HS classification is mandatory for smooth border clearance.
If you export between India and Nepal,
correct HS classification is mandatory for smooth border clearance.
Want a step-by-step guide to find the correct HS Code?
Click to Read More