The full name of HS is "Tariff of Goods and Services", which is a general commodity classification system for international trade formulated by the World Customs Organization. The HS code is divided into 2 1 parts, and * * * has more than 5,000 commodity items, and each commodity has a unique code. Using HS code in international trade can effectively avoid misunderstanding and time waste caused by language and geographical differences, and provide an important guarantee for the smooth progress of international trade.

The Function and Significance of HS Coding in International Trade

The role and significance of HS coding in international trade is very important. It can provide detailed information of goods, including varieties, specifications, uses and so on. To facilitate the supervision and management of import and export commodities by the customs. At the same time, HS coding can also provide enterprises with trade data and market information, help enterprises understand the international trade situation, formulate business strategies and expand the market. In addition, HS coding is an important tool for international trade negotiation and statistics, and mastering HS coding is a necessary skill for the staff of the World Trade Organization (WTO).

Mastering HS code is one of the thresholds for international trade of enterprises. The correct use of HS code can help enterprises avoid the situation that the quality, specifications and uses are inconsistent with the customs requirements, and at the same time, it can also reduce the opportunities of customs investigation and reduce unnecessary fines and penalties. Enterprises should strengthen internal training to improve employees' understanding and application ability of HS code, so as to better cope with the challenges and opportunities of international trade. For trading companies, import and export enterprises and logistics companies and other related enterprises, mastering HS coding is an essential skill.