What are the advantages of having numeric codes on products?
With international trade at its peak, many products that you buy are from around the world, leaving you clueless about their details and authenticity. Especially for different languages, numeric codes act as an uniform method of describing the product and understanding how much efforts the manufacturer has put into the product. If you visit a grocery store, you will find that 7 out of 10 products have a certain numeric code that helps consumers get a better understanding of the product they are about to purchase. If you want to stay updated with your purchases and ensure you are making the right product choice, you must understand these codes and read them before you bring home your...
Read MoreHow harmonized codes work
Millions of trading related transactions takes place every year, which are classified under various categories. Products that are meant for export are assigned a 10 digit identification number known as harmonized code. By using this code, custom duty offices identify the products that are being shipped to other countries. The harmonized codes are used by more than 200 countries of the world and are very beneficial. The harmonized code consists of the description goods that are reported to the customs and other government agencies. These codes are applicable to all the products that cross the country border. It is essential to know about harmonized codes to identify the right product. There are a number of websites that offer detailed information on harmonized codes. It is a known fact that, there is a great increase in export and import of products these days. Due to this reasons, it has become essential for people to know about harmonized codes. Different online portals are there that offer the list of harmonized codes, so that exporters and importers can easily trace the products from the comfort of their homes or offices. At numericcodes.net, you will be provided with huge database of harmonic codes that help you in identifying the right product. By using this website, you will come to know about various numeric codes and harmonized...
Read MoreHarmonized coding list
The Harmonized Commodity Description and Coding System were developed and are maintained by the World Customs Organization. This tariff nomenclature is an internationally recognized and standardized system of names and numbers that are used for classifying traded products. The system is divided into 21 sections and 96 chapters. Section 1 and its five chapters are devoted to live animals and animal products. The sub-heading code starts with the first two numbers of the chapter and is then given the tag of 1, 2 and so forth. So for instance the first chapter is for live animals and its codes like 0101 refer to horses and mules, 0102 to bovine animals and so forth. In Chapter 2 the meat of bovine animals falls under the number 0201, while the meat of goats whether it is chilled or frozen comes under 0204. Chapter 5 is interesting in the sense that it relates to products of animal origin that cannot be fitted into other categories. Chapters 6 to 14 fall under Section 2 and they refer to vegetable products. Chapter 6 is for bulbs, roots and cut flowers and Chapter 8 is for edible fruits and nuts, while Chapter 14 is for the products that cannot be classified under other sections. The first four sections are devoted to food products. From section 5 onwards the classification turns to non-food items. Section 5 is for mineral products. Chapters 50 to 63 under Section 10 are devoted to textile products. The last section that is Section 21 has just two chapters in it and they are devoted to works of arts and antique pieces. When traders are looking to find the correct classification they first need to find the section that is right for their products. Then they need to turn to the chapter that contains the product category that they are trading in. Finally, they need to look at the specific number that is applicable. In case, the traders find that no number suits their product, there is always a general number that they can apply for their item. But most products are covered in this comprehensive list. It would be quite rare for a trader to look through the entire list and not find the right code. This system of classification has been accepted by more than two hundred countries in the world. Thanks to these codes international trade has become much more systematic and they have proven very useful to...
Read MoreFollow Us
