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What is HS CODE? What is the role of HS CODE in product certification?

Last Updated on2024-12-10 07:50:53
HS CODE, the full name is Harmonized System Code, is an international standardized system for the classification and coding of goods. It is formulated by the World Customs Organization (WCO) and is used to uniformly classify and define goods in international trade to facilitate effective management and supervision by customs authorities of various countries. HS CODE consists of numbers, with the first two digits representing the chapter, the middle two digits representing the heading within the chapter, and the last two digits representing the specific item of the goods. Countries can add more digits to the HS CODE based on their own needs for more specific classification. In terms of product certification, the role of HS CODE is mainly reflected in the following aspects: 1. Product classification: HS CODE helps enterprises and customs quickly and accurately identify the category of goods to determine whether specific product certification is required. 2. Tariffs and tax rates: Through HS CODE, the applicable tariff rate for goods can be determined, as well as whether preferential rates under certain trade agreements are enjoyed. 3. Trade statistics: HS CODE is used for the collection and analysis of international trade statistical data, helping governments formulate trade policies and conduct market research. 4. Import and export control: HS CODE is used to identify goods that require special licenses, quotas, or are prohibited from import and export. 5. Risk management: Customs use HS CODE to conduct risk assessments on import and export goods to implement effective regulatory and control measures.

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