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What is the Harmonized HS Code?

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NEPSE trading

What is the Harmonized HS Code?

The Harmonized System Code (Harmonized HS Code) or International Standard HS Code is a classification system that aids in the identification of goods imported and exported in various countries. It is a global standard that helps in the identification and categorization of goods.

Key Features:

- Identity Code: Each item is assigned a specific number or code that represents its description and category, helping in its identification.

- International Standard: While HS codes may vary from country to country, there are internationally shared standards that assist in identifying marketable goods across different nations.

- Business Convenience: This standard is crucial for facilitating international trade regulations and making them more manageable.

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