What is exporters code?

Last Update: May 30, 2022

This is a question our experts keep getting from time to time. Now, we have got the complete detailed explanation and answer for everyone, who is interested!

Asked by: Dr. Nyah Rempel I
Score: 4.2/5 (51 votes)

Export codes, also known as Schedule B numbers, are administered by the U.S. Census Bureau. ... This 6-digit code is known as the Harmonized System number. Countries that use the HS are allowed to define commodities at a more detailed level than 6-digits, however all definitions must be within that 6-digit framework.

What is export code number?

IEC or Importer Exporter Code is a unique 10-digit alpha numeric code issued on the basis of PAN of an entity. ... To import or export in India, IEC Code is mandatory. No person or entity shall make any Import or Export without IEC Code Number, unless specifically exempted.

What is an HS code for exporting?

Among industry classification systems, Harmonized System (HS) Codes are commonly used throughout the export process for goods. The Harmonized System is a standardized numerical method of classifying traded products.

What is importer and exporter code number?

An Importer -Exporter Code (IEC) is a key business identification number which mandatory for export from India or Import to India. ... Firm must have a PAN, bank account in the name of the firm and a valid address before applying. Address may be physically verified by the DGFT on issuance of the IEC.

How do I find my HS Code?

The HS code for your product will be listed on the commercial invoice a buyer receives with their order. It may be used to classify products upon export and to calculate applicable taxes and duties upon import.

HS Code in Logistics. Export & Import shipping process with HS Code List/Chapter/Heading/Sub Heading

21 related questions found

How do I find my UK HS code?

You can find the HS Code for your product in the UK with the Tariff Classification tool from . GOV website. Once you are on this website you will need to find a description that is the closest to your product.

Is HS code same for all countries?

The HS codes have been being used by 98% of Import Export trade all over world. ... In other words, first six digits of HS code (HTS code) are same in all countries. But countries can add additional digits to categorize and define commodities at more detailed level without modifying or changing first six digits.

What is the fees for IEC code?

IEC code number registration fee is worth Rs. 250.00 and can be pay via EFT (Electronic Fund Transfer), and submit IEC Online Application form. For an instant, the physical application containing required documents should reach DGFT RLA concerned within 15 days of its online submission.

What is importer code?

Definitions. Importer Code. A code issued by the customs administration to the company for their customs transactional clearing. This is an ID issued by Dubai Customs to importers whose trade licence permits them to import and export goods.

What documents are required for IEC code?

For IEC Code Registration, the following documents are required:
  • Individual's or Firm's or Company's copy of PAN Card.
  • Individual's voter id or Aadhar card or passport copy.
  • Individual's or company's or firm's cancel cheque copies of current bank accounts.
  • Copy of Rent Agreement or Electricity Bill Copy of the premise.

Do I need to use a HS Code?

No, they aren't a requirement, but they can help with faster processing of shipments and more accurate calculation of taxes and duties payable in the destination country. An Accurate Goods Description is required as this helps with the classification of items by carriers.

What HS code means?

The Harmonized Commodity Description and Coding System (HS code) of the tariff nomenclature is an international standardised system of names and numbers for the classification of commodities. The HS code system is based on a 6-digit nomenclature. ... Customs information systems.

What is the difference between Schedule B and HS Code?

The basic HS code contains 6-digits, known as a subheading. The Schedule B is a 10-digit code built upon the first 6 digits of the HS code. Additionally, the Schedule B code is a U.S.-specific coding system used to monitor U.S. exports (e.g., for export compliance and trade data collection).

How do I find my IEC?

Applicants can check their import-export code application status through the DGFT website. From the homepage, users should click on the IEC tab, and then the Know your IEC Status option to check the status of their import-export code.

How can I generate IEC code?

Steps for IEC Registration Process:
  1. Step 1: Go to the DGFT Website.
  2. Step 2: Then You need to Go on Services tab.
  3. Step 3: Enter your PAN number (A Person/if any Company PAN Card)
  4. Step 4: Enter the your details (As Mentioned on PAN Card)
  5. Step 5: Enter your mobile number to get (OTP) verification process.

How do I get an importer code?

How to register as a Local Importer
  1. Fill in the required application forms and relevant annexure(s): DA 185 – Application form – Registration and licensing of Customs and Excise Clients – External Form. ...
  2. Send all forms and supporting documents to the nearest Customs and/or Excise office.
  3. Pay the security if applicable.

How do I get an import code?

They are as follows:
  1. Visit www.dubaitrade.ae and fill in the application for a customs code. ...
  2. Copy of your trade license.
  3. Copy of your passport (and that of any partners)
  4. Your phone number (and that of any partners)
  5. AED 100 for the customs code fee.
  6. On the portal, you can now register. ...
  7. Business information.

How can I get Mirsal 2 code?

E- Mirsal 2 Registration
  1. Go to www.Dubai trade.ae.
  2. Select option (Dubai Custom)
  3. Then Select (Registration Tools)
  4. Select (New Registration)
  5. Complete Service Request Details.
  6. Pay Registration Fee Online.

Who is DGFT of India?

Sh. Amit Yadav, IAS, is currently serving as Director General, Directorate General of Foreign Trade.

What does an HS code look like?

The HS code can be described as follows: It is a six-digit identification code. It has 5000 commodity groups. Those groups have 99 chapters.

What is HS code for international shipping?

The HS (Harmonized Commodity Description and Coding System) Code is a 6–10 digit number that is required for all international shipments. This number is used by customs to identify the products shipped across international borders.

How many digits is a HS code UK?

Imported goods into the UK use a 10 digit HS Code.

What is an Intrastat code?

Intrastat commodity code

The commodity codes are also called Combined Nomenclature (CN) and they are used by the EU Member States to collect detailed data on their trading of goods. The CN classifies all goods to meet the requirements both of the Common Customs Tariff and of the EU's external trade statistics.

How many digits is a HS Code?

Most world trade nations use the HS-nomenclature for customs tariffs with either eight or ten digits (HS-6 + 2 or HS-6 + 4) (see Table 1).

Who assigns HTS codes?

HTS (Harmonized Tariff Schedule) codes are product classification codes between 8-10 digits. The first six digits are an HS code, and the countries of import assign the subsequent digits to provide additional classification. U.S. HTS codes are 10 digits and are administered by the U.S. International Trade Commission.