International Convention on the Harmonized Commodity Description and Coding System
/ˌɪntərˈnæʃənəl kənˈvɛnʃən ɒn ði ˈhɑːrmənaɪzd kəˈmɒdəti dɪsˈkrɪpʃən ænd ˈkoʊdɪŋ ˈsɪstəm/
Definitions
- (n.) A multilateral treaty establishing a standardized system for classifying traded goods by codes to facilitate international trade and customs procedures.
The International Convention on the Harmonized Commodity Description and Coding System enables uniform tariff classification worldwide.
Forms
- international convention on the harmonized commodity description and coding system
Related terms
See also
Commentary
Often referred to simply as the Harmonized System (HS), it is critical in drafting customs and trade regulations to ensure consistent product classification across jurisdictions.
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.