Harmonized System
/ˈhɑːrmənaɪzd ˈsɪstəm/
Definitions
- (n.) An internationally standardized system for classifying traded products, facilitating uniform customs tariffs and trade regulations.
The Harmonized System code determines the applicable import duties for the shipment.
Forms
- harmonized system
Related terms
See also
Commentary
Used extensively in international trade law to ensure consistent classification of goods across jurisdictions, aiding in customs compliance and legal clarity.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.