HS code system
[ˌeɪtʃ ˈɛs ˈkoʊd ˈsɪstəm]
nounpl: HS code systems
sistema de código SH (Sistema Harmonizado)
1. An international standardized system of names and numbers for classifying traded products, maintained by the World Customs Organization (WCO) for customs tariffs and trade statistics
The HS code system allows countries to classify goods consistently across international borders.
O sistema de código SH permite que os países classifiquem mercadorias de forma consistente através das fronteiras internacionais.
2. A six-digit hierarchical classification system used to identify products in international trade documentation
Every exported product must have an HS code assigned according to the HS code system.
Todo produto exportado deve ter um código SH atribuído de acordo com o sistema de código SH.
The HS code system is crucial for international commerce, particularly in Brazil where it intersects with the NCM (Nomenclatura Comum do Mercosul) for trade within the Mercosur bloc. Understanding HS codes is essential for exporters, importers, and customs brokers in both English and Portuguese-speaking business environments.
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