In order to import products from other countries, you need a clear understanding of the price, freight and duty tax. All these things together make up your total cost which must be transparent for buyers. So they know how much it will cost them before importing anything into their country or territory.
In this case you should understand HS code system very well.
The HS Code for Avehicle tire Inflators is 8414809090
Let’s go deeper about the HS code.
What are HS codes?
The Harmonized Commodity Description and Coding System (HS) codes are product classification codes used by United States Customs, all other members of the World Customs Organization to classify goods for customs purposes.
There are six digits that can be broken down into three parts: first two identify the chapter under which goods fall, next two represent their heading within this category and lastly there is an extension if needed for more specificity.
What are HTS codes?
The Harmonized Tariff Schedule(HTS) is a product classification code between 8-10 digits. The first six digits are an HS code, and the U.S., EU or Japan can assign additional numbers for further classification
The United States does this with their HTS codes which run from 100-999; there’s no separating out individual countries in these 10 digit numbers since they’re all monitored by ITC.
How to Find the HTS Code of Your Product
The HTS code will be a little different in each country, so first you need to find the code from your GOV website for the Tariff Classification.
Below are 2 methods:
1.Use the Search tools for different countries.
You can search on Google, type in the keyword. HS code search tool + country, then you will find the official government website.
Here is an example to see if we want to search for the United States.
Then you need to enter part of the ITC (HS) code if you know it, or a brief description of your product.
Here I listed several search tool for some countries, which is in high demand of tire inflators. You just provide the type of your product, the material used to make it, and its production method.
- United States
The US Census Bureau’s Schedule B search tool
The US International Trade Commission’s HTS search tool
- United Kingdom
you can use the Trade Tariff tool,
- India
The ITC (HS) code search tools on Icegate,
The Commerce Ministry Indian Trade Portal,
- Australia
2.Go through HS code lists
A few clicks on Google and you’re all set! The latest version of the Harmonised System, which is 2017 edition or HS2017 can be found at WCO’s website. In India search for ITC (HS) code list with DGFT . For US citizens looking up Tariff Schedule in there respective country they may visit ITC website.
3. How to estimate the cost of importing the tire inflator
If you know your HTS code, then it’s easy to estimate the customs duties for importing a product. All that needs doing is following these simple steps:
Let’s Take the car tire inflator as a sample:
1)Find an online calculator or tool with rates on importation in various countries and currencies – there are plenty available nowadays;
Take Simplyduty as example:
2)Enter all relevant information about products including weight per unit (kg), value ($) & country of origin
3)Get ready because now comes one tricky bit… putting two numbers together so they work out how much tax will need paying! But don’t worry as long as we’re honest taxpayers here at The Taxpayer Relief Association Ltd.,
Summary
HS code helps you to learn the import duties of your particular kind of tire Inflators.
While One important thing you need to know about importing goods is that duties change from time to time and HS code can be different for every country. You can give your HS code to your state and discover import duties on your Tire Inflators.
If you need help with finding out how to import your tires, don’t worry! We have been exporting our products globally and will assist in any way possible.
