New Harmonized System – or HS – tariff codes debuted with the New Year in the 2017 edition of the U.S. Harmonized Tariff System – or HTS. (What’s the difference between HS and HTS? See our FAQ here. More on the rollover can be found here in our complimentary...
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By the Numbers
New products in trade call for new classification codes With the New Year, an updated 2012 edition of the 6-digit Harmonized System (HS) of product classification codes overseen by the World Customs Organization (WCO) goes into effect. It’s the fourth such update, the...