Seair Exim Solution Helps with HS Code and ITC Code

DELHI, India - Dec. 5, 2016 - PRLog -- Are you interested in information based on HS code and ITC code? If yes, Seair Exim Solution would be surely a right choice for you. ITC (HS) codes are best known as Indian Trade Clarification (ITC) and are reliant on Harmonized System (HS) of Coding. It was permitted in India for import-export procedure. Indian custom follow up an eight digit ITC (HS) code to suit the country trade requirements.  This arrangement has two parts – First listing with an eight digit classification and the second record with description of goods chargeable to export duty.

The initial plan is particularly depend on H.S code structure. The Indian Tariff Code hold 8 digit which has been intended in such a way without any modification of first 6 digit as per the HS code system, but chaseed by one more two digit secret known as 'tariff item'. Thus, ITC has been sort out as first four-digit code recognized as 'heading' and all six digit code known as 'subheading' and 8-digit code recognized as 'Tariff Item'. Once, the totaling is finished, within the permitted limit of World Customs Organization – WCO, without any alterations in HS Code system. An important legal certificate endorsed by some agency, organization, and institute or in specific cases, an individual, which does not tip to the agreements of the credential.

DGFT also known as The Directorate General of Foreign Trade endorse a Foreign Trade Policy within a fixed time period of five years with an attention on the country's notice. The policy prohibits some products from export and import dealings, connected to their product classification or even HS code (https://www.seair.co.in/hs-codes.aspx). It is important that importers or exporters must be informed before agreeing to any contract for export or import of the goods and observe with licensing needs as recommended in the rule.

If you need to look for more information on HS code and ITC code, contact the experts of team. Updated and relevant details on both are available for the clients. You can easily access the website from any part of the world.

If you are interested in the services shared by Seair, simply make call on +91-9891956132 or write an email on info@seair.co.in. Visit seair.co.in now online!