The export of commodities frequently uses harmonized system (HS) codes, one of the systems used to classify industries. A system of names and numbers used to categorize traded goods is called the ...
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The Goods and Services Tax Network (GSTN) will initiate Phase III of mandatory harmonized system of nomenclature (HSN) code reporting next month. This move aims to enhance the accuracy and consistency ...
HS codes in China are more than just product identifiers. China’s classification differs from other jurisdictions, and errors can result in incorrect tariffs, customs delays, regulatory issues, or ...