Harmonized Tariff Schedule Code (HTS Code)
The HS (Harmonized System) or HTS (Harmonized Tariff Schedule), developed by the World Customs Organization (WCO), is used to assign duties to a traded product and provide international trade data.
Entries by Megan MacKeown
Exporter of Record (EOR)
In export terms, EOR (Exporter of Record) refers to the person or entity responsible for ensuring the correct documentation is acquired and legal compliance and regulations are followed for the goods to be exported out of a country.
Harmonized System (HS)
The Harmonized System is an international multipurpose nomenclature used to classify traded products.
Freight Forwarder (FF)
A freight forwarder (FF) is an intermediary responsible for arranging transport and preparing documentation for the movement of goods.
Federal Security Bureau Notification (FSB)
An FSB Notification is an official document that allows the movement of products with encryption capabilities into Russia and the EAEU.
Export Control Classification Number (ECCN)
An Export Control Classification Number (ECCN) is an alphanumeric identifier used in the Commerce Control List to recognize products for export control purposes. An ECCN categorizes items based on the specifications of the product.
Export Administration Regulations (EAR)
EAR99 indicates that an item is subject to the Export Administration Regulations (EAR). However, it is not explicitly described by an Export Control Classification Number (ECCN) on the Commerce Control List (CCL).
Delivered Duty Paid (DDP)
The DDP incoterm (Delivered Duty Paid) is a delivery agreement between the shipper and receiver. The DDP incoterm stipulates that maximum responsibility is placed on the shipper, whose obligations include delivering to an agreed-upon destination, clearance of the goods, and payment of duties and taxes.
Customs Clearance Documents (CCD)
Customs Clearance Documents (CCDs) are the documents issued by the Customs authorities detailing how the goods were cleared.
Commercial Invoice (CI)
When used in international trade, a Commercial Invoice is a customs document used as a customs declaration provided by the exporter of goods.
The TecEx Tariff Tracker
Tariffs are reshaping global trade. Surviving a trade war means optimized compliance and proactive mitigation. TecEx can help you!
