What is Itchs code?
ITC-HS Codes or better known as Indian Trade Clarification based on Harmonized System of Coding was adopted in India for import-export operations. Indian custom uses an eight digit ITC-HS Codes to suit the national trade requirements.
How do I find my HS Code for import?
The current version of the Harmonised System, which is the 2017 edition or HS 2017, is available on the WCO website. In India, you can search the DGFT website or several non-governmental portals for the ITC (HS) code list. In the US, you can look up the Harmonised Tariff Schedule on the ITC website.
What is ITC 4 digit code?
So ITC has been classified as first four-digit code called ‘heading’ and every six digit code called ‘subheading’ and 8-digit code called ‘Tariff Item’. This addition is done, within the permissible limit of World Customs Organization – WCO, without any changes in H.S. code system.
What is Scomet letter?
nomenclature of Special Chemicals, Organisms, Materials, Equipment and. Technologies (SCOMET). Export Policy relating to SCOMET items is given in.
What is Scomet list?
As discussed above, SCOMET is an acronym for Special Chemicals, Organisms, Materials, Equipment and Technologies. This list contains goods which are considered as dual-use items, i.e., goods, technology, chemicals, organisms etc.
Is HS code required on commercial invoice?
That means that your invoice must include a clear description of the product, its purpose, and value. In some cases you’ll also need to add details such as the materials used to make the product. To make this simple, it’s standard to include the HTS code of the country of import, on your invoice.
How can I get HS code for ITC?
To make it easier to find the ITC-HS detail you need, Schedule 1 is broken down into 21 sections. Within these sections there are 98 total chapters….ITC-HS code format.
Section | Category | Chapters |
---|---|---|
18 | Precision Instruments | 90-92 |
19 | Arms and Ammunition | 93 |
20 | Miscellaneous Manufactured Articles | 94-96 |
21 | Works of Art | 97-98 |
How do I read my ITC HS code?
ITC HS Codes are divided into two parts or schedules, the first schedule has the 8 digit nomenclature and the second schedule includes the description of goods. The main difference between ITC-HS Code and HSN Code is that ITC has added further 2 digits in the 6 digit HSN structure to classify “Tariff Items”.
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