International Convention on the Harmonized Commodity Description and Coding System

E229272

The International Convention on the Harmonized Commodity Description and Coding System is a World Customs Organization treaty that establishes the globally standardized classification system used for international trade in goods.

All labels observed (1)

How this entity was disambiguated

Statements (47)

Predicate Object
instanceOf World Customs Organization convention ⓘ
international treaty ⓘ
multilateral treaty ⓘ
administeredBy World Customs Organization ⓘ
appliesTo physical goods traded across borders ⓘ
basisFor Combined Nomenclature of the European Union ⓘ
international comparison of trade data ⓘ
many national customs tariff schedules ⓘ
benefit improves transparency in international trade ⓘ
reduces complexity in classifying goods for customs purposes ⓘ
supports automation of customs procedures ⓘ
category customs law ⓘ
international economic law ⓘ
trade facilitation instrument ⓘ
classificationSystemType numerical commodity classification system ⓘ
defines general rules for the interpretation of the Harmonized System ⓘ
obligations of contracting parties regarding HS implementation ⓘ
structure of the Harmonized System nomenclature ⓘ
establishes Harmonized Commodity Description and Coding System ⓘ
Harmonized System ⓘ
field customs ⓘ
international trade ⓘ
tariff classification ⓘ
governingBody World Customs Organization Council ⓘ
linked to: WCO Council
hasComponent Harmonized System Explanatory Notes ⓘ
Harmonized System classification opinions ⓘ
implementedBy national customs administrations ⓘ
language English ⓘ
French ⓘ
legalStatus binding on its contracting parties ⓘ
monitoredBy World Customs Organization Harmonized System Committee ⓘ
providesFor periodic review and amendment of the Harmonized System ⓘ
purpose to create a standardized system for classifying traded goods ⓘ
to facilitate international trade ⓘ
to harmonize customs tariffs and trade statistics ⓘ
relatedTo World Trade Organization agreements ⓘ
customs valuation practices ⓘ
requires contracting parties to base their customs tariffs on the Harmonized System nomenclature ⓘ
contracting parties to use HS headings and subheadings without modification at a certain level ⓘ
scope classification of goods in international trade ⓘ
shortName HS Convention ⓘ
structureOfSystem organized into sections, chapters, headings and subheadings ⓘ
usedFor customs tariffs ⓘ
monitoring of controlled goods ⓘ
rules of origin ⓘ
trade negotiations ⓘ
trade statistics ⓘ

How these facts were elicited

Referenced by (5)

Full triples — surface form annotated when it differs from this entity's canonical label.

Harmonized System Committee → legalBasis → International Convention on the Harmonized Commodity Description and Coding System ⓘ
Harmonized System Committee → establishedBy → International Convention on the Harmonized Commodity Description and Coding System ⓘ
Harmonized System Committee → basedOnTreaty → International Convention on the Harmonized Commodity Description and Coding System ⓘ
subject linked to: HSC
HS Committee → legalBasis → International Convention on the Harmonized Commodity Description and Coding System ⓘ
HS Convention → shortName → International Convention on the Harmonized Commodity Description and Coding System ⓘ