Among classification systems, harmonized system (hs) codes are commonly used throughout the import and export process for the classification of goods. The harmonized system is a standardized numerical method of classifying traded products. Hs is a multipurpose international product nomenclature with more than 5,000 commodity groups and a six digit code. It is used by more than 200 countries and economies for tariffs, trade statistics, and other purposes. Every item sent internationally has a code that helps customs authorities easily identify which taxes or duties to charge for the goods.
Hs stands for harmonised system, a set of more than 5,000 official product categories used by australia and our trading partners. Learn how to classify your goods, use hs codes in legal and commercial documents, and understand the 2022 updates and the rules of origin. Hs codes are a unique identifier to classify the exact type of goods you are shipping internationally. Learn what hs codes are, how to find them, and why they are important for customs clearance and trade. Hs stands for harmonised system or, in its long form, the harmonised commodity description and coding system. The system is enforced in australian law by thecustoms tariff act. Harmonized system codes, also known as hs codes, are internationally recognised product codes. They're used to classify goods in import and export shipments. Hs codes provide a standard way to identify and describe goods across different countries.
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