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What is a Harmonized System Tariff? »

What is a Harmonized System Tariff?

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What is a Harmonized System Tariff?

A harmonized system tariff is a tariff that is categorized by the Harmonized System, also known as the Harmonized Commodity Description and Coding Systems. The Harmonized system (HS) is utilized in around 200 countries in their harmonized tariff schedules and has categories for more than 5,000 commodities. The HS is upheld and revised by the WorldРІР‚вРВРвЂввЂСРРвР