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The process of assigning HS codes is known as "HS Classification". All products can be classified in the HS by using the General Rules for the Interpretation of the Harmonized System ("GRI") that must be applied in strict order. HS codes can be determined by a variety of factors including a product's composition, its form and its function.
The tariff schedule has 99 chapters under 22 sections, and various appendices for chemicals, pharmaceuticals, and intermediate chemicals for dye.Raw materials or basic substances generally appear in the early chapters and in earlier headings within a chapter, whereas highly processed goods and manufactured articles appear in later chapters and headings.
The latest release (August 14, 2023) of the code set is 26.0801. [1] The third newest UNv24.0301 release contains 740 changes to the previous UNSPSC version UNv23.0701 which are 721 new items added, 12 existing items edited, 6 existing items moved, and 1 existing item deleted. The new UNv24.0301 release contains 157,116 total items.
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The Global Trade Item Number (GTIN) is an identifier for trade items, developed by the international organization GS1. [1] Such identifiers are used to look up product information in a database (often by entering the number through a barcode scanner pointed at an actual product) which may belong to a retailer, manufacturer, collector, researcher, or other entity.
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