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hsn code

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Hsn Code

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This system has been introduced for the systematic classification of goods all over the world. It has about 5, commodity groups, each identified by a six-digit code, arranged in a legal and logical structure. It is supported by well-defined rules to achieve uniform classification. The main purpose of HSN is to classify goods from all over the World in a systematic and logical manner. This brings in a uniform classification of goods and facilitates international trade.

Since then five 5 revisions have been done in HS classification implemented worldwide. Disney giveaway on facebook real code of any product is hsn code the same up to 6 digits in all countries but it varies for 8 digits or 10 digits. Goods are grouped into the Harmonized System of Nomenclature. These codes came into effect in the year by WCO.

The Harmonized Commodity Description and Coding System , also known as the Harmonized System HS of tariff nomenclature is an internationally standardized system of names and numbers to classify traded products. It came into effect in and has since been developed and maintained by the World Customs Organization WCO formerly the Customs Co-operation Council , an independent intergovernmental organization based in Brussels , Belgium, with over member countries. The HS is organized logically by economic activity or component material. For example, animals and animal products are found in one section of the HS, while machinery and mechanical appliances are found in another.

Understanding the HSN Code

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HSN Code List India | Indian HS Classification Code List Hsn Code

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All Rights Reserved. Sporting Goods. For example — HS code is- HS classification Code list First 2 digits from the left side 76 - Chapter 4 digits from the left side - Heading 6 digits from the left side — Sub Heading 8 digits from the left side — Regional Tariff 10 digits from the left side to end - National Tariff. Walmart Coupons. Since then five 5 revisions have been done in HS classification implemented worldwide. I am going to explain the Format of Harmonized System Code. Hsn Code

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HSN CODE