What is HTS purpose?
The harmonized tariff schedule (HTS) is the primary source to classify goods imported and exported from the country, used by the United States Customs and Border Protection as a means to record international trade activity by product and collect duties and taxes.
What is HTS value?
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 HTS code in USA?
The Harmonized Tariff Schedule of the United States (HTS) sets out the tariff rates and statistical categories for all merchandise imported into the United States. The HTS is based on the international Harmonized System, which is the global system of nomenclature applied to most world trade in goods.
What is HTS certification?
The Harmonized Tariff Schedule (HTS) was created by the World Customs Organization to classify goods that are shipped internationally. An HTS code is a 10-digit classification that determines a commodity's duties and reporting requirements.
How do I find my HTS number?
One of the common ways to find an HTS code, particularly if you're set on doing the work yourself, is to use USA Customs Clearance's HTS code lookup tool. You can input an item or keyword into the search bar and the tool will pull up a list of potential matches and their corresponding codes.
How do you read HTS codes?
Global and U.S. HTS Codes have four components, which are identified by the green numerals beneath the digits:Chapter: In this example, 66 is the chapter.Heading: In this example, 6603 is the heading. ... Subheading: 6603.20 is the subheading. ... Extra digits: 6603.20.
What is a HTS code for shipping?
HTS stands for Harmonized Tariff Schedule, a classification system used in the United States to help determine customs duties to be paid on imports. HTS codes are 10-digits (the first six digits are the same as the HS code for the goods). The HTS is published by the US International Trade Commission (ITC).
Who is responsible for HTS codes?
the United States International Trade CommissionAn HTS code is a unique 10-digit number that determines the tariff tax or duty incurred on items imported into the United States from other countries. HTS codes are maintained by the United States International Trade Commission, but enforced by Customs and Border Protection (CBP) of the Department of Homeland Security.
Are HTS codes country specific?
The first six digits of the HTS code identify all items in international trade and are the same for all countries that use the HTS. The last two or four digits are country specific; in the U.S. these last four digits provide the duty rate and balance of trade statistical reporting suffix for the imported goods.
What is HTS on certificate of origin?
Harmonized Tariff Schedule codes are used in the U.S. to classify a product correctly. These classifications are often used in conjunction with country of origin certificates for calculating tariffs and customs duties, which are based on the specifics of a product.
Is HTS and HS code same?
The difference between an HS code and HTS code is the number of digits within the code. A code with six digits is a universal standard (HS Code) and a code with 7-10 digits (HTS Code) is often unique after the sixth digit and determined by individual countries of import.
Who is responsible for HTS codes?
HTS codes are a global tool. The World Customs Organization (WCO) maintains the Harmonized Tariff Description and Coding Schedule (HTS). Over 170 countries participate in WCO's HTS system.
What is the HTS code for documents?
HTS Code 9809.00 It comes after chapter (2 digit) and the heading (4 digit) in the HS Code hierarchy.
Is HTS the same as Schedule B?
A Schedule B number is a 10-digit code used in the U.S. to classify physical goods for export to another country. An HTS number is a 10-digit code used to classify physical goods imported into the U.S. from another country.
What is the HTS code?
The Harmonized Tariff Schedule (also known as an HTS or HTSUS code) is a system used to classify goods imported into the U.S. and is based on the global HS Code system used to classify trade goods worldwide.
When was the HTS system created?
The Harmonized Tariff Schedule of the United States (HTS) was developed and implemented in 1989 and is comprised of a hierarchal structure for describing all trade goods. It is very similar and structurally based on the Harmonized System and utilizes the same 4- and 6- digit product categories.
Why do you need to read the section notes in HTS?
Proper classification requires importers to read the Section and Chapter notes in order to know what kinds of products may be excluded or included in the Chapter. These notes can sometimes be lengthy, but it is impossible to intuitively know which products are covered in a Section or Chapter and hence it is important not to skip this step no matter how daunting these notes can be.
What is the HTS subheading?
The first, called the subheading, determines the duty rate of a particular item and the last, the statistical suffix, further refines the product classification.
What is the Harmonized System?
This almost universally adopted system allows Customs authorities to identify traded products in a standardized way, without having to study product descriptions of every item that a trader is bringing across a border.
What happened before the HTS takeover?
Before the HTS takeover, the region had been rocked by infighting between jihadists and rival rebels. Bombing at jihadist munition depot kills 11 in north Syria: monitor. Advocacy group Cage, which is believed to be in touch with Mr Shabir's family, said he was rescued by members of HTS.
Is HTS a satellite?
Hiromasa Nakaguro: We believe high throughput satellite ( HTS) has already become the major trend for communications/broadcast satellite in Asia-Pacific and will remain that way for the near future.
Is HTS affiliated with Al Qaeda?
HTS was also added to the United States Department of State Foreign Terrorist designation as it is associated with al- Qaeda affiliate, Jabhat al-Nusra. Al Qaeda-linked terrorist group advances in Syria.
What is HTS classification?
This structure is based upon the international Harmonized Commodity Description and Coding System (HS), administered by the World Customs Organization in Brussels ; the 4- and 6-digit HS product categories are subdivided into 8-digit unique U.S. rate lines and 10-digit non-legal statistical reporting categories. Classification of goods in this system must be done in accordance with the General and Additional U.S. Rules of Interpretation, starting at the 4-digit heading level to find the most specific provision and then moving to the subordinate categories.
When did the HTS come into effect?
About Harmonized Tariff Schedule (HTS) The Harmonized Tariff Schedule of the United States (HTS) was enacted by Congress and made effective on January 1, 1989 , replacing the former Tariff Schedules of the United States. The HTS comprises a hierarchical structure for describing all goods in trade for duty, quota, and statistical purposes.
Who maintains the HTS?
The USITC maintains and publishes the HTS (in print and on-line) pursuant to the Omnibus Trade and Competitiveness Act of 1988; see the preface to the HTS for additional explanatory material. However, the Bureau of Customs and Border Protection of the Department of Homeland Security is responsible for interpreting and enforcing the HTS.
When was the HTS enacted?
Related Government Links. The Harmonized Tariff Schedule of the United States (HTS) was enacted by Congress and made effective on January 1, 1989, replacing the former Tariff Schedules of the United States. The HTS comprises a hierarchical structure for describing all goods in trade for duty, quota, ...
HTS code definition
An HTS code is a unique 10-digit number that determines the tariff tax or duty incurred on items imported into the United States from other countries. HTS codes are maintained by the United States International Trade Commission, but enforced by Customs and Border Protection (CBP) of the Department of Homeland Security.
HTS codes: understanding the terminology
The world of international ecommerce and imports can feel complicated, in no small part due to a slew of terms and acronyms that make understanding processes even harder. Before we dive into how HTS codes work, let’s define some of the governing bodies and terms you’ll encounter as you navigate the world of international imports:
A brief history of the HTS
While almost all countries use the HS to determine tariffs and classify imported goods, the United States uses the HTS. The HTS was enacted by Congress and brought into effect on January 1, 1989. The system is based on the HS, unlike the previous Tariff Schedules of the United States it replaced.
How the HTS works
The HTS is used to classify imported goods based on a range of characteristics like composition, product name, and function. The most up-to-date version of the HTS can be found on the USITC government website, spanning 22 sections and 99 chapters classifying a range of different goods.
Structure of HTS codes
All HTS codes are 10 digits long and broken down into five different sections. Additionally, as covered earlier, the first six digits are the HS number under the international HS.
How HTS codes work
HTS codes can be located in individual HTS PDFs of each chapter, downloadable on the HTS website, or they can be looked up in the HTS search database .
HTS vs. Schedule B
Schedule B is the statistical classification for goods exported from the United States. It is maintained and published by the United States Census Bureau and based on the HS. Schedule B codes are used by the US government to monitor US exports
What is the meaning of HTS?
Definition of US Customs Harmonized Tariff Schedule (HTS) The harmonized tariff schedule (HTS) is the primary source to classify goods imported and exported from the country, used by the United States Customs and Border Protection as a means to record international trade activity by product and collect duties and taxes.
Why use HTS?
Reasons to Use HTS System: 1 Consequences of Not Complying#N#Firms will stumble upon several hurdles with international trade if they do not comply. The hurdles will increase if the shipper does not correct the situation with further inspection, fines, penalties, etc. The US Customs and Border Control does have the authority to freeze all imports and exports for shippers that are habitual offenders.#N#Reasons why compliance with the harmonized tariff schedule is of the utmost importance:#N#Countries want to ensure thy are collecting the tariff, taxes and duties they are due.#N#Countries want to ensure products are not illegally entering or exiting the country, as there are always products on a country's list that cannot be imported or exported from certain countries. 2 Competition Amongst Firms#N#The HTS acts a standardization amongst all international companies. Through the HTS classification system competitors are on a level playing field because the same product, no matter what the company, will be held accountable for the same tariff and duties rate. This levels the playing field for competitors in the same line of business. 3 Perception of the Firms#N#Another important consequence associated with not using HTS is public distrust of the company. Using the Harmonized Tariff Schedule is a benchmark for good practice on behalf of all international companies, which can affect the publics’ decision to purchase from the company.
How many digits are in HTS code?
Each good imported or exported is defined by a certain code within HTS. The HTS code is 4-10 digits. The first 6 digits are the same used by all countries in their tariff schedule. Digits 7 through 10 are unique by every country, so they can capture further details on products or make variations on the tariff.
What is a harmonised tariff schedule?
The Harmonized Tariff Schedule acts as a crucial gateway to fair trade within international trade, warranting implementation within supply chain.
Why is HTS classification important?
Through the HTS classification system competitors are on a level playing field because the same product, no matter what the company, will be held accountable for the same tariff and duties rate. This levels the playing field for competitors in the same line of business.
What happens if you don't use HTS?
Another important consequence associated with not using HTS is public distrust of the company. Using the Harmonized Tariff Schedule is a benchmark for good practice on behalf of all international companies, which can affect the publics’ decision to purchase from the company.
Why do countries use HTS?
At times, countries us the rules and regulations associated with their HTS schedule to impose duties and tariffs against other countries, as a negotiating item to encourage a certain behavior or protect product being manufactured or assembled within its borders from cheaper options that can come from other countries.
What is the difference between HS code and HTS code?
The difference between an HS code and HTS code is the number of digits within the code. A code with six digits is a universal standard (HS Code) and a code with 7-10 digits (HTS Code) is often unique after the 6th digit and determined by individual countries of import.
What is HS code?
An HS or HTS code stands for Harmonized System or Harmonized Tariff Schedule. Developed by the World Customs Organization (WCO), the codes are used to classify and define internationally traded goods.
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