General HS Code Structure
The structure of HS codes is organized into several components:
- Chapter: The first two digits represent the chapter. For example, "71" stands for "Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin".
- Heading: The next two digits indicate the heading within the chapter. For example, "7113" refers to "Articles of jewelry and parts thereof, of precious metal or of metal clad with precious metal".
- Subheading: The following two digits specify the subheading. For example, "7113.11" refers to "Of silver, whether or not plated or clad with other precious metal".
Refer to the table above to find the right HS code for bracelet based on your requirements.
FAQ on Bracelet HS Code
Is the HS code for bracelet the same in every country?
No, the HS code for bracelets is not the same in every country. While the first six digits are standardized globally, the last digits can vary based on national classifications and specific regulations.
What happens if the HS code is incorrect?
Incorrect HS codes can lead to shipment delays, fines, and additional inspections. Misclassification may also result in incorrect duty payments, causing financial losses and potential legal repercussions for non-compliance with international trade regulations.
Does the HS code need to be included in shipping and customs documentation?
Yes, the HS code must be included in shipping and customs documentation to ensure accurate duty assessment, compliance with international trade regulations, and to avoid shipment delays or fines due to misclassification.
Can one product have multiple HS codes?
Yes, one product can have multiple HS codes due to variations in material, use, or country-specific classifications. For example, a bracelet made of different materials like gold or silver may have distinct HS codes based on its composition and intended use.
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