Infodriveindia.com provides HS Code - Guide to Foreign Trading

Sept. 28, 2010 - PRLog -- New Delhi, India, September 28, 2010: Infodriveindia.com, the market leader in providing Competitive Business Intelligence on Exports, Imports and Foreign Trades, provides HS codes which have become an indispensable tool for any trader or company interested in increasing its share in other nations. This launch of the list in a detailed chapter wise fashion includes several products and simplifies the challenges faced by its clients while practicing foreign trade.  

The numerical code, used to describe a product when it is to be shipped or transported from one country to another is referred to as HS code. In today’s world, all exporters and importers need to declare it to customs about the items that are being traded; It is these codes which determine the duty rates, adequacy of imports and exports, and other important information concerning the product. Hence it has also increased the importance of these codes considerably. This is when Infodrive India comes to rescue. It provides Indian customs Harmonized system codes policy with policy conditions, codes ranging from year 2004 to the latest ones launched in 2010 and also provides amended ITC-HS codes from DGFT.

Harmonized code list is basically a collection of these codes listed under various sections including vegetable products, vehicles, aircrafts, animal products, mineral products, ammunition etc. Each company has a code number assigned to all its products, which appears with every other standard information about the product. Thus infodriveindia.com simplifies the task of importers and exporters by providing them with all the data on a number of categories at one place.

HS code lists on Infodrive India can thus act as reference to those traders and companies which are interested in making investments in new markets. Thus, with its help, the newly entering enterprises can know the requirements and preferences of their future customers without conducting lot of surveys and campaigns. The company has evolved itself as a knowledge hub with import and export trade intelligence of 12 countries. In present day’s scenario, when the market is flooded with a wide range of products, the role of such a code list has become even more important in carrying out the foreign trade. For information, details and understanding please visit http://www.infodriveindia.com/Hs-Codes/Default.aspx

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Infodriveindia.com is India’s no. 1 Competitive business intelligence provider for export and import data. Started by Exporter & IT professional Mr.Rakesh Saraf in 1996, Infodrive India has evolved itself as a company with a unique blend of knowledge of practical requirements of Exporters, Importers etc. an International Network of Trade data sources and high end IT technologies. This enables it to deliver Export Import Business information in the most user-friendly & cost effective manner. Infodriveindia.com is a privately held company and has offices in Kolkata and New Delhi with a qualified Data Research & Marketing team of over 50 professionals.