Download Online List of HS Codes in Excel in 2022
Download Online List of HS Codes in Excel in 2022:. Pakistan Customs follow the HS Code (Harmonized System Codes) or PCT Codes ( Pakistan Customs Tariff Codes) for Classification of Goods.
Functions Of Pakistan Customs
Pakistan Customs perform the following activities in the legal prescribed manner:
- Import & Export of legal cargo
- Trade Facilitation
- Trade Regulator
- Preventive (Control of contraband Goods)
- Revenue Collection
What is Harmonized System?
The Harmonized System is:
- a standardized numerical method of distributing traded products.
- Customs authorities use to identify products. When assessing goods for charging duties and taxes
- and for collecting statistics and data.
Why do we need HS code?
We use HS codes for a number of reasons:
- They provide the customs authorities to identify the product,
- and charge the reasonable import duty along with other taxes and trade measures,
- The HS codes classification is also important in determining the origin of goods,
Is HS code same for all countries?
First six digits of HS code are same in all countries. But countries can insert additional digits to categorize and define commodities with more explanation without changing first six digits.
How we can find HS code?
If you want to find HS codes then you can approach:
- on your country’s government official website.
- Like in Pakistan you can also search it from State Bank of Pakistan Website.
- Federal Board of Revenue (FBR) website also provides list of HS codes.
- You can also search the HS code on the google search engine.
What is difference between HS and PCT Codes?
Pakistan Customs follow the HS Code or PCT Codes ( Pakistan Customs Tariff Codes) for Classification of Goods. Moreover, these code consist of eight digits where first two represent Chapter and second two represent Sub- chapter and after decimal place four digit represent code of item.
Is imports banned in Pakistan?
The federal government on Thursday (18th August 2022) lifted the ban on import of goods which was imposed in May 2022 this year due to deficit in balance of payments. Moreover, ban was imposed on luxury goods, cars, mobile phones and other luxury items.
Download Online – List of HS Codes in Excel in 2022
You can download HS codes in Excel also here along with it’s description:
What is My HS Code? – Download List of HS Codes in PDF
You can download HS codes in PDF also here along with it’s description: