What is a Tariff Code?
Imported and exported goods must be classified using tariff codes, an international system similar to the Dewey Decimal System used by libraries to classify books.
Nearly every product in global trade has a unique tariff code, allowing customs departments worldwide to communicate effectively. These codes, also known as Harmonized System (HS) numbers, are standardized globally.
What does a Tariff Code do?
It allows the shipper to accurately determine applicable duties for their imports and exports. It lets you identify any restrictions or prohibitions related to your products.
A Tariff Code enables you to conduct a precise cost analysis before committing to a shipment and avoid delays at customs by ensuring all permits and regulatory matters are in order prior to shipping.