To determine information related to goods in import and export, Looking up the HS Code is an important step that cannot be skipped. However, Not everyone knows how to look up HS codes correctly. Incorrect application of HS codes can lead to many problems and consequences for businesses.

In this article, Cuong Quoc Logistics will guide you how to look up the HS Code in detail and effectively.

What is HS Code??

HS Code is a code that classifies import and export goods according to the harmonized system of description and coding of goods (Harmonized System). The full name in English is Harmonized Commodity Description and Coding System, Often referred to as HS Code for short.

HS Code is simply understood as the code to classify goods according to the List of Import and Export Goods. Using this code helps determine import and export tax rates and related policies, includes risk management, item policy, and other regulations.

When determining the correct HS Code, You can accurately calculate the tax payable on the shipment, At the same time, understand the necessary procedures. If the wrong HS code is applied in customs clearance procedures, Enterprises may have to amend their declarations, pay additional tax, or tax refund, leading to loss of time and effort.

To avoid this situation, when looking up HS Code, You need to be careful and precise to ensure effectiveness.

The Importance of HS Code in Import and Export

The HS Code List is a tool to ensure the classification of goods is unified and systematized globally. This system is applied in most countries, common use of customs language and terminology, makes it easy to understand and communicate.

This not only simplifies work for the individuals and organizations involved but also supports the negotiation of trade treaties and agreements between countries' customs authorities..

For state agencies, HS Code is the basis for determining the type of import and export goods, collect taxes and perform other obligations. Besides, It supports national and international law enforcement, economic strategy analysis, and trade negotiations.

For businesses, HS Code ensures compliance with legal regulations, helps avoid risks and benefit from free trade agreements (FTA). If the classification is wrong, Businesses may have problems with delivery times, expense, and even fined. Opposite, Correct classification helps optimize benefits from FTA.

The Most Accurate Way to Look Up HS Code

To look up HS Code accurately, You can apply the following methods:

Refer to HS Codes from Experienced People

This is the fastest and most effective way. If in your company you have colleagues or experts who have imported and exported similar products, Please consult them for the appropriate HS code.

Look up the Import-Export Tariff

You can download the import and export tax schedule from the website of the Ministry of Finance or the General Department of Customs. This tariff contains a list of goods and the corresponding HS code. Use the search tool in the file to look up goods by name.

Look up the List of Vietnam Import-Export Goods

This list is issued together with Circular 65/2017/TT-BTC, List details of product groups and HS codes. You can download and look up according to the hierarchical structure.

Using Online Lookup Tools

Websites such as the site of the General Department of Customs or international tools such as Harmonized Tariff Schedule (HTS) Allows online lookup. Enter the product name or description to find the appropriate HS code.

Refer to the International Student Notes

HS Annotation by the World Customs Organization (WCO) promulgate, provides detailed instructions on goods classification. You can buy or download the English version for reference.

Seek Opinion From Customs Authorities

If you still have concerns, You can submit a pre-classification request to the customs office to receive the official HS code.

Structure Of HS Code

HS Code has a structure of 8-10 digits, built according to international conventions:

• First 6 digits: Common HS code according to international convention, chapter included (2 digits), group (2 digits), grouping (2 digits).

• Next 2-4 digits: Detailed HS code according to Vietnamese regulations, Further classification according to national characteristics.

For example: HS code 8418.10.00 for refrigerator.

HS Code Lookup Rules

To look up accurately, Need to comply with 6 rules for classifying students:

Rule 1

Classification of goods based on section legend, chapter, and product group name. Part name, This chapter is for reference only, The new annotation decides the classification.

Rule 2

• Rule 2a: Goods that are incomplete but have the essential characteristics of finished goods are classified as finished goods.

• Rule 2b: Mixed goods are classified according to the main material that determines the characteristics.

Rule 3

Goods belonging to many groups are classified according to:

• Rule 3a: Specific descriptive groups are given priority.

• Rule 3b: Classify by main material if 3a does not apply.

• Rule 3c: Classify into the last group if still unknown.

Rule 4

Goods not classified according to the above rules are classified in the group with the most similar characteristics.

Rule 5

• Rule 5a: Cargo packaging (like a jewelry box) classified with the product inside.

• Rule 5b: Conventional packaging imported with goods is classified according to goods.

Rule 6

Classification into subgroups should be based on the annotation and subgroup content, Make sure to compare at the same level.

Conclude

Hopefully this article has helped you better understand how to look up HS Code. To update more useful information about import and export, Please follow Cuong Quoc Logistics!

CUONG QUOC LOGISTICS COMPANY LIMITED
Office: 7th floor, Parami Building, 140 Bach Dang, Tan Son Hoa Ward, Ho Chi Minh City
Hotline: 0972 66 71 66
Email: info@cql.com.vn
Website: https://cql.com.vn