HS Code for Import and Export Data

by Seair Exim Solution Import Export Data

Mentioning the harmonized system of nomenclature or the HSN codes is vital in any shipment invoice in foreign trade from a country to any of the World Customs Organization or WCO listed countries. Thus, the HS or Harmonized System Codes is a short numeric form for the products in trade with 10-digit numbers. Here, we have discussed its importance, uses, and find HS codes of a product online and offline. It is advisable to check seair.co.in for a free demo by anyone new to the export-import business. Thus, many of the existing business people in international trading trust this online import-export data service provider.

The use of HS Codes differs with the nation. However, the use of the first 6-digits is mandatory as it describes the goods in trade. The last four digits represent the tariff. Hence, the customs department needs not read a detailed product description of a shipment invoice in exports or imports from a country. These codes classify a product into the right section and division. Hence, there are more than 5000 products in trade, which will come under an HS code. A shipment invoice is prepared with the right code before it is shipped from a country.

HSN Code Finder online is the smart way to find them 24/7 from anywhere. You can later search them offline by downloading the entire HS codes list in an excel sheet or PDF file formats. Thus, taking a printout and keeping it for future reference will help the billing and accounts staff prepare bills and taxes later. The export-import online data providers give you a free HS code finder tool. Here, you can type a product name and get the right HS code of that product. There are HSN code finder tools with tariff details also.

It is advisable to get Import Export Data with HS codes. It will be easy for you to do data analysis or trends in foreign trade. By this, you can find the prospective consigner, consignee, clearing and forwarding agents and the shipping companies. You can get detailed or segregated data from export-import data service providers online. They will provide you data of any port or a specific period of data you might require so. There are also paid data service providers. They avoid duplicate entries and give you data worth to use in your statistical tools for further analysis.