HS Convention

E803286

HS Convention is an international treaty that establishes the Harmonized System (HS) for the standardized classification of traded goods worldwide.

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All labels observed (1)

Label Occurrences
HS Convention canonical 1

Statements (44)

Predicate Object
instanceOf international treaty
multilateral treaty
administeredBy WCO NERFINISHED
World Customs Organization NERFINISHED
allows contracting parties to subdivide HS subheadings for national purposes
appliesTo customs tariffs
rules for classification of goods in the Harmonized System
trade statistics
basedOn harmonization of commodity description and coding
bindingOn contracting parties that have accepted the Convention
contains Explanatory Notes framework
Harmonized System Nomenclature NERFINISHED
creates obligations for contracting parties regarding HS implementation
defines General Rules for the Interpretation of the Harmonized System NERFINISHED
structure of Harmonized System headings and subheadings
depositary Secretary General of the World Customs Organization NERFINISHED
establishes Harmonized Commodity Description and Coding System NERFINISHED
Harmonized System NERFINISHED
frameworkFor HS amendments and updates
geographicalReach global
governs use of Harmonized System nomenclature
influences national customs tariff schedules
regional customs unions’ tariff nomenclatures
language English
French
legalInstrumentFor implementation of the Harmonized System
legalStatus binding on its contracting parties under international law
providesFor periodic review and amendment of the Harmonized System
purpose facilitation of international trade
harmonization of customs tariffs and trade statistics
standardized classification of traded goods
recognizedBy United Nations member states through widespread adoption
relatedTo customs law
international trade law
tariff classification
requires contracting parties to base their customs tariffs on the Harmonized System
contracting parties to use HS headings and subheadings without modification of their scope
scope worldwide trade in goods
shortName International Convention on the Harmonized Commodity Description and Coding System NERFINISHED
subjectMatter classification of goods in international trade
usedBy customs administrations worldwide
usedFor application of customs duties
collection of international trade statistics
trade policy measures

Referenced by (1)

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