Harmonized Tariff System (HTS)

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Harmonized Tariff System (HTS)

The Harmonized Tariff System (HTS) is an organized and comprehensive listing of goods accompanied by their respective duty rates. It serves as a fundamental tool utilized by Customs authorities to classify imported products accurately and determine the corresponding duties and tariffs applicable to them. The HTS provides a standardized classification framework that assigns specific codes to different types of goods, enabling uniformity and consistency in international trade. By referencing the HTS, Customs officials can identify the appropriate category and subcategory for a given product, ensuring proper tariff assessment and facilitating efficient customs clearance procedures. The HTS plays a vital role in international trade regulation, facilitating the smooth flow of goods across borders while establishing transparent and predictable duty rates for imported products.

 

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