Importers in the United States are required to use an HTS code on their imported shipments to facilitate the customs process.
For those of you asking what is HTS, it’s a number code that’s given to each imported item to identify and classify it for data, tax, and duty purposes.
But the numbers in the code all have a purpose and understanding each number of an HTS code can help importers more precisely classify their products to ensure they’re paying the correct amount of tax and duties during the import process.
Continue reading “Breaking Down an HTS Code!”