The new edition of the WCO Harmonized System (HS) Nomenclature entered into force on 1 January 2017. The changes in HS 2017 encompass 242 sets of amendments relating to a wide range of products and product groups, including:
New tools have recently been developed as part of the WCO’s Revenue Package, which collates all material relevant to improving revenue collection and compliance levels.
Diagnostic Tool on Tariff Classification, Valuation and Origin Work and...
All strategic goals with regard to Tariff and Trade Affairs (TTA) have been successfully accomplished over the past year. This was evidenced by the significant workload of the WCO Secretariat’s TTA Directorate in 2016, with 45 days of meetings held, more than 4,000 pages of docume...
WCO Revenue Package and advance rulings
The WCO continued to assist its Members in implementing the Revenue Package, which provides guidance and best practices for improving the efficiency and effectiveness of revenue collection, as well ...
Nomenclature and classification
The WCO continued to carry out its work on the uniform application of the Harmonized System (HS), with the adoption of numerous classification decisions and intensified capacity building ef...
Technical assistance
Capacity building activities included the organization of eight training workshops:
The Harmonized Commodity Description and Coding System, generally referred to as “Harmonized System” or simply the “HS”, is seldom mentioned in the pages of this magazine. It is, however, one of the WCO’s flagship instruments. One can even say that it is the backbone of ...
While the Harmonized System, or HS, celebrates its 30th anniversary this year, it is, in fact, much older because it was developed over several years starting in the 1970s. Having worked on HS matters for at least 40 years, both within Danish Customs and at the WCO Secretariat, I have ...
As the WCO celebrates the 30th anniversary, in 2018, of the Harmonized Commodity Description and Coding System, more popularly known as the Harmonized System or the HS, the question may be asked whether the time has come to contemplate a major overhaul o...
The changing uses of the HS
The HS causes individual goods to be put into classes so that administrations can decide what to do about these goods as a group: charge a particular rate of duty, require an import permit, check for insect con...
How the Harmonized System supports a safer, greener world by specifying goods of environmental concern or interest.
“Here be dragons”
Dragons and other mythological beasts...
Goods posing environmental risks
In every new edition of the HS, there are changes designed to make it simpler for administrations to monitor and control the trade in goods posing an environmental risk. For example, goods...
In January 2018, the Ghanaian government notified the WCO Secretariat that it had accepted seven Harmonized System (HS)-related WCO Council Recommendations, testimony to its strong commitment to implement objective, predictable and transparent classification pr...
At the time of the effective takeover in September 2015, a new facility that would subsequently be known as the Customs Technical Services Bureau was already in place at Customs Headquarters, and, within it, a National Classification Centre. There was also a pool of experienced officers to man th...
Appropriate policies and sound legal and regulatory frameworks are necessary conditions to make international trade a virtuous engine to eradicate poverty and hunger, and to promote prosperity and sustainable development.
On 25 September 2015, the 193 Member States of the United Nations (U...
The WCO website tells us that tariff classification using the Harmonized System (HS) Nomenclature “allows a world of many languages to speak with one.” As we mark the 30th anniversary of the official adoption of the HS in 1988, few could argue against the value of this universal la...
As industry continues to innovate, the work on amending the Harmonized System is never complete. This article looks at the origin and evolution of LED products to illustrate how the System can adapt to product developments over time, lighting the way for traders an...
The WCO’s Harmonized System, or HS, is a vital element of Customs. But classification systems are common, so what makes a specialized Customs classification system so important that Customs administrations continue to put much work and time into having their own classification system? The HS do...
It is also the instrument for most trade agreements, ensuring a common understanding of goods among the parties to an agreement. Through its provision of data for statistical analysis, it has an indirect, but essential role in many more policy areas. Some HS updates are specifically made to assis...
How does a specific product become the subject of a global classification decision at the WCO? What information is considered when amendments are made to the Harmonized System (HS) nomenclature? And how can a company or industry sector engage at the WCO to supp...
Lack of transparency on cross-border procedures has been identified as one of the first “choke points” in global supply chains. To provide economic operators with easy access to Customs tariffs as well as a clear view of measures to be taken when importing or e...
The latest global multilateral trade agreement, the Trade Facilitation Agreement (TFA) of the World Trade Organization (WTO), stipulates in its Article 1 (“Publication and availability of information”) that each WTO Member must promptly publish trade-related and Customs-related information i...
Several government and private stakeholders are involved in the clearance of imported food products. To ensure a smooth process, close coordination and sharing of information backed by robust information technology (IT) processes are needed. With this in mind, Indi...
Mapping
As part of India’s efforts to facilitate cross-border trade, the FSSAI has mapped ITC HS Codes relating to food products with the corresponding FCS and related Food Safety and Standards Regulations. Although a s...
This article looks at the close relationship that exists between rules of origin (ROO) and goods classification work. It argues that a change in tariff classification should remain the predominant criteria for expressing substantial transformation, and that the rev...
Impact of a technical update
From an origin expert point of view, HS amendments are not always welcomed. Each time the HS is reviewed and a new edition released, countries must, on average, update perhaps...