This blog is all about HS Code.
Through this blog post, I will clarify how it is good for your company’s
growth, why would you use while classifying your commodities or goods? So,
let’s get started now.
This one is also known as the harmonized
system code that has leading importance in the global business. It is necessary
for each and every product that is going to import or export from one country
to another. This is a unique 6 digits code accepted all over the world. The
main objective behind using this code is properly categorizing products for
import and export trade. It is upheld on the global level and the entire
shipments are renowned with the help of this. In India, the list of HS Code maintains by
the Director-General of Foreign Trade for all products imported in India and
exported from India.
DGFT has the right to edit or change any
particular commodity’s code and assign the new one for any product.
The harmonized system code list divides into
21 sections and 99 chapters. One of the major items in these sections is
animals, vegetable products, mineral products, plastics & rubber, wood,
leathers, sun umbrellas, seat-sticks, riding crops, whips, animal products,
footwear, headgear, artificial flowers etc. One of the best things about HSN
Code is every country has the right to add some more digits in it but
without changing the primary six digits as six digits are similar for every
country.
The harmonized coding system plays an
important role in the application of customs duty or any other kind of tax. Due
to this, the overall exported and imported products have become methodical and
simple to classify. Every trader wants appropriate and relevant Harmonized
System Code to run smooth trading transactions.
What’s the role of this code in the export-import trade?
Obtaining a genuine and updated list of this
code was tough earlier. But now, anyone can get it by consulting a reputed
market research firm. A number of options present out there and you just need
to find out the best one from all of them. Act smartly and give preference to
one that understands your business requirements.
Seair Exim Solutions is import export data provider firm in Delhi,
India. It offers updated, 100% genuine, actual, trusted and reliable global trade data of
more than 80 countries such as India in the globe, USA, Sri Lanka, Russia, Peru,
Mexico, Indonesia, Pakistan, Vietnam, etc. Our major services are US import
data, Indian importer data, export data of India,
import data Indonesia, Vietnam export data, Russia customs data, Mexico trade
data, Kenya shipment data etc. You can find various free resources related to
import export business like HS classification code
list, HS code search, HS code finder, sac code list, sac code
finder, custom duty in India, Import custom duty
India, custom duty calculator, foreign ports, trading partners of India, GST
rates in India, GST rates list and many more on our website – seair.co.in.
For free sample data report and free live demo data search contact
us-
Phone No: +91-11-41325515, + 919990020716
Email Id- info@seair.co.in
We have successfully served many reputable clients for Import-Export Data Information Services. Here are some of our clients:
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