1 thought on “What does HS encoding in foreign trade refer to”
Cecilia
HS encoding is the customs coding, which is the abbreviation of coding coordination system. Its full name is the HS coding retrieval prepared by the "International Convention on the Commodity Name and Coding Coordination System" This to regulate the declaration of commodity export declarations, etc., you can accurately locate the product to be found. And it is updated every year. This information: 1.HS can reflect product information. 2. HS is convenient for customs to supervise the goods. Customs also need to supervise and count the import and export products through HS coding so that they can truly check the products according to different codes, so that they can also levy related tariffs. 3. Commodity inspection, because with this HS code, it is possible to truly conduct relevant inspection of the inspected goods. 4. Related taxes, the tax bureau can also levy tax -related taxes in accordance with this HS encoding. For example, Qingdao color silicone cat sand has no exclusive customs code before, and can only enjoy lower export tax refund. In 2014, under the suggestion of Qingdao Customs, color silicone cat sand finally obtained its own import and export "customs code", and the export tax refund rate increased from 5%to 9%. It can be said that HS coding also has a certain role in it. It is precisely because of this function that people have begun to pay more attention to HS encoding, and it has become a familiar code. 5.HS encoding "coordination" covers two major classification coding systems, namely the Customs Cooperation Council "Catalog Catalog" (CCCN) and the United Nations International Trade Classification (SITC). It is a systematic and multi -purpose international international Trade product classification system. In addition to tariffs and trade statistics, it also provides a available international trade product classification system for invoicing, statistics, computer data transmission, simplification of international trade documents, and the use of general preferential tariff systems. 6. From January 1, 1992, China's import and export tariffs have adopted the product name and coding coordination system (HS) organized by the World Customs. This system is a scientific and systematic six - -coded international trade product classification system, which is suitable for tariffs, statistics, production, transportation, trade control, inspection and quarantine and other fields. 7. At present, more than 98%of the world's trade volume uses this directory, which has become a standard language for international trade. China's import and export tariffs use ten digits, the first eight digits are equivalent to customs coding, and the latter two digits are the subtitle of Chinese. It is a two -digit digital coding based on the actual situation of my country's import and export products on the basis of the HS classification principle and method.
HS encoding is the customs coding, which is the abbreviation of coding coordination system. Its full name is the HS coding retrieval prepared by the "International Convention on the Commodity Name and Coding Coordination System"
This to regulate the declaration of commodity export declarations, etc., you can accurately locate the product to be found. And it is updated every year.
This information:
1.HS can reflect product information.
2. HS is convenient for customs to supervise the goods. Customs also need to supervise and count the import and export products through HS coding so that they can truly check the products according to different codes, so that they can also levy related tariffs.
3. Commodity inspection, because with this HS code, it is possible to truly conduct relevant inspection of the inspected goods.
4. Related taxes, the tax bureau can also levy tax -related taxes in accordance with this HS encoding. For example, Qingdao color silicone cat sand has no exclusive customs code before, and can only enjoy lower export tax refund. In 2014, under the suggestion of Qingdao Customs, color silicone cat sand finally obtained its own import and export "customs code", and the export tax refund rate increased from 5%to 9%. It can be said that HS coding also has a certain role in it. It is precisely because of this function that people have begun to pay more attention to HS encoding, and it has become a familiar code.
5.HS encoding "coordination" covers two major classification coding systems, namely the Customs Cooperation Council "Catalog Catalog" (CCCN) and the United Nations International Trade Classification (SITC). It is a systematic and multi -purpose international international Trade product classification system. In addition to tariffs and trade statistics, it also provides a available international trade product classification system for invoicing, statistics, computer data transmission, simplification of international trade documents, and the use of general preferential tariff systems.
6. From January 1, 1992, China's import and export tariffs have adopted the product name and coding coordination system (HS) organized by the World Customs. This system is a scientific and systematic six - -coded international trade product classification system, which is suitable for tariffs, statistics, production, transportation, trade control, inspection and quarantine and other fields.
7. At present, more than 98%of the world's trade volume uses this directory, which has become a standard language for international trade. China's import and export tariffs use ten digits, the first eight digits are equivalent to customs coding, and the latter two digits are the subtitle of Chinese. It is a two -digit digital coding based on the actual situation of my country's import and export products on the basis of the HS classification principle and method.