Harmonized Tariff Schedule
/ˈhɑːrməˌnaɪzd ˈtærɪf ˈskɛdʒuːl/
Definitions
- (n.) A standardized numerical system used by the United States to classify traded goods and determine applicable tariff rates under international trade agreements.
Importers refer to the Harmonized Tariff Schedule to correctly classify their goods for customs clearance.
Forms
- harmonized tariff schedule
- harmonised tariff schedule
Related terms
See also
Commentary
Often abbreviated as HTS, it is essential for legal accuracy in import/export documentation and tariff assessment.
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.