HS Code

Your commodity code defines the rules around your import and export, from regulations and permits to duty rates and preferential origin. Learn about HS and commodity codes in this article.

Your HS code can change for the same commodity after some processing, but did you know that this can also change your obligations? Simone Creviari explains classification and CBAM in this article.

On Monday, October 31, 2022, the European Commission released the updated version of the Combined Nomenclature (CN) for 2023. This updated version includes new subheadings to monitor specific items better.

When you import goods into the European Union, you need to pay import duties. In some cases, this can be a preferential rate, meaning a lower rate or even a 0% rate. In some cases, you also have to pay anti-dumping duties.

It is essential to comply with all customs rules and regulations. Non-compliance can lead to delays, fines, or even refusal of your shipment. Sometimes the line between compliance and non-compliance is thinner than companies realize. We are seeing an increased number of issues with imported bike parts, where the Customs Authority sees them not as bike parts but as non-assembled bicycles.

How you classify your goods from a customs point of view matters. Wrongly classifying your goods can lead to delays in your customs declaration process or delays when the Customs Authorities detain a shipment at the border. It can also lead to higher duties and even significant fines.

Customs Authorities require you to categorise your products with an HS-code(s). Learn more below: