Harmonized System

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Harmonized System

A nomenclature system for goods and services that countries import and export. The Harmonized System assigns numeric codes to goods and services. Participating countries are required to use this code when describing their tariff schedules. Nearly all international trade occurs under the Harmonized System. It was developed by the World Customs Organization.
References in periodicals archive ?
As an initial step, TASDEER prepared a list of 122 Qatari exporters with their contact details, including the mobile numbers of the key personnel, and the Harmonized System Code (HS code) of the product manufactured by each company.
All of the necessary complexities of determining the Harmonized System Code, applying the appropriate shipping costs for the freight terms, and calculating relevant taxes and accessorial charges are automated.
The workshop covers several important topics that importers and exporters need to know about, such as: Harmonized system codes (HS Codes) for trading and tariffs, certificates of origin (Rules and Regulations) and customs documentation (Importing / Exporting).