The HTS code, or the Harmonized Tariff Schedule, is a code used to classify and define products in international trade. Each code has between 8-10 digits, the first 6 being an HS code, also called the Harmonized Commodity Description and Coding System. The code is used by all members of the World Customs Organization (WCO). The HTS is explicitly used for imports and exports in and out of the United States.Continue reading
When importing goods from outside of the European Union, including China, you should check the customs tariffs. The TARIC system might be of great help in doing so. In this article, we explain step by step how to use the TARIC system and what information in addition to the duty rates can be found there.
TARIC, which is the Integrated Tariff of the European Communities, is a system operated by the Directorate-General for Taxation and Customs Union. It integrates all the legal provisions of the European Union Member States that are related to customs tariffs for industrial and agricultural articles.
TARIC can be very helpful when you decide to import or export goods. Although the rates are constantly changing, you can easily find the current ones in the system.Continue reading