Where can I find my HS code Malaysia?

Where can I find my HS code Malaysia?

How to get the correct HS Codes? For businesses who are unsure of what HS Code to use here in Malaysia, you can refer to the Jabatan Kastam Diraja Malaysia (JKDM) website to research and apply the correct code. To start the search, go to the Tariff page and select ‘PDK2017’ under the Tariff Type column on the left.

How do I find my HS code?

The HS code for your product will be listed on the commercial invoice a buyer receives with their order. It may be used to classify products upon export and to calculate applicable taxes and duties upon import.

Is HS code same for all countries?

In other words, first six digits of HS code (HTS code) are same in all countries. But countries can add additional digits to categorize and define commodities at more detailed level without modifying or changing first six digits.

What is meant by HS code?

The Harmonized System is a standardized numerical method of classifying traded products. It is used by customs authorities around the world to identify products when assessing duties and taxes and for gathering statistics.

Is HS code same as tariff code?

What is a HS code and HTS code used in global trade? The HTS code or HS code are part of a worldwide standardized system of classifying goods in international trade. They are also know as a Harmonized System Code or a Tariff Code.

What happens if you use the wrong HS code?

Using the Correct HS Number

The exporter’s certificate of origin will be prepared incorrectly. The goods will be entered into another country under an incorrect classification number. Border customs may dispute the number. Import clearance delays may occur.

What is HS code for international shipping?

What is an HS Code? The HS (Harmonized Commodity Description and Coding System) Code is a 6–10 digit number that is required for all international shipments. This number is used by customs to identify the products shipped across international borders.

What is a HS code for customs?

What are HS codes? HS (Harmonized Commodity Description and Coding System) codes are product classification codes used by U.S. Customs and all other members of the World Customs Organization (WCO) to classify goods for customs purposes.

Is HS code same for import and export?

The US code is called a Schedule B number for export goods and a Harmonised Tariff Schedule (HTS) code for import goods. Similarly, in India, goods for export and import have an eight-digit code called an ITC (HS) code, where ITC stands for Indian Trade Classification and/or Indian Tariff Code.

What is an HS code for a product?

What is an HS code for customs?

Can I ship without HS code?

A 10 digit HS code is required at the time of release to allow Customs to make the appropriate admissibility, examination, and release decisions.

Who is responsible for correct HS code?

the World Customs Organization
HS-Code stands for Harmonized System Code. It is developed and maintained by the World Customs Organization in Brussels. HS-Codes are used by Customs Authorities worldwide to categorize products.

Who is responsible for HS code?

the World Customs Organization (WCO)
The HS was developed and is maintained by the World Customs Organization (WCO), an independent intergovernmental organization with over 179 members and is based in Brussels, Belgium. The HS is the standard coding structure and related product descriptions used in international trade.

Is HS code 8 digit or 10 digit?

Similarly, in India, goods for export and import have an eight-digit code called an ITC (HS) code, where ITC stands for Indian Trade Classification and/or Indian Tariff Code.

Who decides what HS code to use?

The Importer of Record is responsible for the correct classification of the goods. However, to facilitate the release process, importers may provide the exporter with the HS code for their products and ask them to include it on their invoices.

What happens if I use the wrong HS code?

Why is HS code required?

HS codes are used for a number of purposes. They enable the customs authorities to identify the product and apply the appropriate import duty as well as other taxes and trade measures. The HS classification plays an important role in determining the origin of goods.

Who is responsible for HS codes?

The Harmonized Commodity Description and Coding System generally referred to as “Harmonized System” or simply “HS” is a multipurpose international product nomenclature developed by the World Customs Organization (WCO).