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Do you need to import or export an item? Maybe do a bit of drop shipping? Well, it’s a great way to increase business and take benefit of the price differences among countries and exploit weaknesses in your specific marketplace. But if you are going to export or import any product, you absolutely must understand the concept of HS code. This HS code or Harmonized System code is a lawful requirement that you’ve 6 digit HS code when you are going to ship an item overseas. This does not change whether you’re shipping cars or t-shirts, each item must be given the unique HS code. It is very important in global trading and one of the best things is you can HS Code  Search   Online . A lot of sources present out there which provide a complete list of the harmonized coding system. But before obtaining a list, keep reading this blog ahead to understand it properly. When importers or exporters don’t know and properly apply a proper item classification for global shipping, they can

HS Classification   system has many other names such as HS Codes, Harmonized System , and Harmonized Commodity Description. This is a standardized global system to categorize traded commodities. The system was first implemented in that year 1988 and is presently maintained by the WCO (World Customs Organization). It has 211 member countries and each country approves to categorize its HS tariff code and duty structure according to HS code groups. It is used to ease international trade by creating unified categories to classify several different kinds of products. This system has about 5,000 product groups in 6 digit codes broken down into 96 harmonized system chapters, 21 harmonized system sections, as well as thousands of headings. How are Codes Structured in HS Classification System? This coding system has 4 components that have listed below. To understand it properly, let’s take an example of 0901210050 HS code: ·          Chapter- In the above mentioned harmonized