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The process of assigning HS codes is known as "HS Classification". All products can be classified in the HS by using the General Rules for the Interpretation of the Harmonized System ("GRI") that must be applied in strict order. HS codes can be determined by a variety of factors including a product's composition, its form and its function.
The United Nations Standard Products and Services Code (UNSPSC) is a taxonomy of products and services for use in eCommerce. It is a four-level hierarchy coded as an eight-digit number, with an optional fifth level adding two more digits. The latest release (August 14, 2023) of the code set is 26.0801. [1]
The EAN-8 code is an eight-digit barcode used usually for very small articles, such as chewing gum, where fitting a larger code onto the item would be difficult. Note: the equivalent UPC small format barcode, UPC-E , encodes a GTIN-12 with a special Company Prefix that allows for "zero suppression" of four zeros in the GTIN-12.
HSN, formerly known as the Home Shopping Network, gets game. Now, in addition to luring potential customers in to buy deeply discounted jewelry, handbags, et al, the website will soon offer a ...
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Later Customs and Central Excise added two more digits to make the codes more precise, resulting in an 8 digit classification. The purpose of HSN codes is to make GST systematic and globally accepted. The Harmonized system of Nomenclature (HSN) code is used for classifying goods under the Goods and Services Tax (GST) in India. The HSN code is a ...
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