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Parties are permitted to subdivide the HS Nomenclature beyond 6-digits and add their own Legal Notes according to their own tariff and statistical requirements. Parties often set their customs duties at the 8-digit "tariff code" level. Statistical suffixes are often added to the 8-digit tariff code for a total of 10 digits.
Average tariff of a market country for an origin group (except for world) is calculated by taking those products (at HS 6-digit level) that are imported by the market country from each country included in the origin group. i.e., tariff rates for those products that are not traded are not included in the calculation.
There are 6 General Rules in all, which must be applied in consecutive order. GRI 1 prescribes how to classify products at the 4-digit Heading level, based on the wording of the headings and the relative HS Section and Chapter Notes.
The codes and the descriptions of goods established on the basis of the combined nomenclature shall replace those established on the basis of the nomenclatures of the Common Customs Tariff and the Nimexe. It is established on the basis of the Harmonized System. The combined nomenclature shall comprise : (a) the harmonized system nomenclature ...
The TARIC code (TARif Intégré Communautaire; Integrated Tariff of the European Communities) is designed to show the various rules applying to specific products when imported into the EU.
The chancellor Rachel Reeves has promised the UK will make “strong representations” to Mr Trump over tariffs which could hit Britain’s economy. She is set to make the case for free trade ...
By 1820, the UK's average tariff rate on manufactured imports was 45-55%. [25] ... 17.03 is the HS code for molasses from the extraction or refining of sugar. However ...
This is a list of British tariffs.. 1764: Sugar Act [1] 1765: Customs, etc. Act 1765 1767: Townshend Acts [2] 1778: Taxation of Colonies Act 1778 1815: Corn Laws [3] 1860: Cobden–Chevalier Treaty