A Brief History of Harmonized Tariff Schedule (HTS) Codes!

Importers all over the world are required to use a harmonized tariff schedule code on their products, but what is an HTS code?

Well, it’s a set of numbers, usually between six and 10, that identifies a product so that a country’s government can quickly know what is in a shipment that’s coming to their shores, how much to tax the products in that shipment, and whether or not other agencies need to be involved (for regulated items such as some foods, drugs, alcohol, firearms, and more.

Here’s more on what a Harmonized Tariff Schedule, or HTS, code is and its history.

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Breaking Down an HTS Code!

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.

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