What is HTSUS number?
Harmonized Tariff Schedule of the United States (HTSUS) Code. The Harmonized Tariff Schedule code is a 10-digit import classification system that is specific to the United States. HTS codes, also called HTS numbers, are administered by the U.S. International Trade Commission (ITC).
Who is responsible for HTS codes?
the United States International Trade Commission
An HTS code is a unique 10-digit number that determines the tariff tax or duty incurred on items imported into the United States from other countries. HTS codes are maintained by the United States International Trade Commission, but enforced by Customs and Border Protection (CBP) of the Department of Homeland Security.
What is a column 2 country?
Countries not covered by NTR are commonly referred to as “Column Two” countries, meaning duty rates for products from these countries are listed in Column two of the HTS. Currently, the only countries with Column Two status are Cuba and North Korea.
What is column 2 of the HTSUS?
Column 2 (the so-called “statutory rates”) applies to countries listed in general note 3(b); the general notes set forth the rules for applying the HTS. Embargoes, anti-dumping duties, countervailing duties, and other very specific matters administered by the Executive Branch are not contained in the HTS.
How do I find my Htsus code?
One of the common ways to find an HTS code, particularly if you’re set on doing the work yourself, is to use USA Customs Clearance’s HTS code lookup tool. You can input an item or keyword into the search bar and the tool will pull up a list of potential matches and their corresponding codes.
What happens if you have the wrong HS code?
By incorrectly classifying goods for entry, an importer is committing a customs violation which can lead to shipment delays, fines, liquidation and other penalties. Additionally, you could end up paying more in customs duty than you otherwise would with the correct HTS code.
What is column duty?
A multi column tariff has two or more duties imposed on each commodity. For example, in India, the government has applied double-column tariffs to commodities since the commonwealth preference agreement of 1932. Under the agreement, goods from commonwealth countries are charged lower tariffs.
What is the Harmonized tariff of the United States Htsus and why is it important for international trade?
The Harmonized Tariff Schedule of the United States (HTS) sets out the tariff rates and statistical categories for all merchandise imported into the United States. The HTS is based on the international Harmonized System, which is the global system of nomenclature applied to most world trade in goods.