Business HS Classification also known as Harmonized System Classification is referred to a 6-digit standardized numberused to classify traded products. The digits are widely used by customs authorities near around the world to recognize the products for the application of taxes and duties. If you are in import and export business, you might know the importance of Custom HS code list. It is a special sort of numerical code applied on various items and wares important while shipping of the product from one country to another one. They play a major role to show particular products in the import fare exchanging step. In Indian, HS Classification is applied under control and managed by the Director General of Foreign Trade or DGFT India. The global coding structure has been acknowledged in India for fare import process. DGFT India handles all sorts of issues related to Harmonized System Classification. Concerns such as showing the item, removing old codes, create new codes and change of product description among others. It keeps up the .bined code list, which is abuildup of such codes grouped under 21 groups. These 21 segments includes incorporate Animals and Animal Products; Vegetable Products; Animal or Vegetable Fats; Chemical Products; Plastics and Rubber; Hides and Skins; ready Foodstuffs; Mineral Products; Wood and Wood Products; Wood Pulp Products; Textiles and Textile Articles; Footwear, Headgear; Articles Of Stone, Plaster, Cement, Asbestos; Pearls, Precious Or Semi-Precious Stones, Machinery and Mechanical Appliances; Transportation Equipment;Metals; Base Metals and Articles Thereof; Instruments – Measuring, Musical; Arms and Ammunition; Miscellaneous; and Works Of Art. Each business associates who is associated with worldwide business sector requires using the specific code in every product and other essential printed material that requires topping off at the period of import export. Without the codes, product management beyond boundaries is not possible. It is right said that shipping of the product to another world is only possible with the codes. If you are new into the business and looking out for information related HS Classification , it is better to check out the information online. You can find the information without any difficulty. In case, you wish to collect statistics of the products shipped by your .petitors on different ports, you can just need to know the product code to find the real data. It is extremely important to have information related to the codes classifications. No matter, to which country the product gets shipped, but it is essential to have the code. Find the more information online! About the Author: 相关的主题文章: