Exploring the export journey of outdoor wpc wall panel: the difference between HS Code and HSN Code and their practical application

Introduction: In the field of wood processing, outdoor wpc wall panel, as an emerging environmentally friendly material, is increasingly favored by the market. However, in the export link, we often encounter the concepts of HS Code and HSN Code. This article will analyze the differences between the two in detail for you, and deeply explore the practical application of outdoor wpc wall panel in international trade.

I. Introduction

With the rapid development of my country’s economy, the wood processing industry has gradually risen. As one of the leaders, outdoor wpc wall panel has been widely used in the fields of architecture, gardening, and landscape with its green environmental protection, high strength, and weather resistance. However, in the export process, we often hear the two words HS Code and HSN Code. So, what do they mean? What is the difference? This article will explore these issues.

II. The concept and difference between HS Code and HSN Code

1. HS Code

HS Code, the full name is Harmonized Commodity Description and Coding System, that is, the “Commodity Name and Coding Harmonization System”. It is an internationally accepted commodity classification and coding system developed by the World Customs Organization (WCO). HS Code is mainly used for commodity classification and tariff collection in international trade. It has 21 parts and 96 chapters, covering nearly 7,000 commodity codes.

2. HSN Code

HSN Code, the full name is Harmonized System Nomenclature. HSN Code is a subset of HS Code and is mainly used for commodity classification and tariff collection in India. Compared with HS Code, HSN Code’s commodity coding is more detailed and includes more classification levels.

3. Differences

(1) Different scope of application: HS Code applies to international trade worldwide, while HSN Code is mainly used for commodity classification in India.

(2) Different classification levels: HS Code is divided into 21 parts and 96 chapters, while HSN Code has a more detailed classification based on this.

(3) Different coding structure: The coding structure of HS Code is 8 digits, while the coding structure of HSN Code is 10 digits.

III. Practical application of outdoor wpc wall panel in international trade

1. Export market analysis

As a new type of environmentally friendly material, outdoor wpc wall panel has broad development prospects in the international market. At present, the main export markets of my country’s outdoor wpc wall panel are Europe, North America, Southeast Asia and other regions. These regions have a large demand for environmentally friendly and green building materials, providing good opportunities for the export of my country’s outdoor wpc wall panel.

2. Export process

(1) Commodity classification: According to the HS Code, outdoor wpc wall panel is classified into the corresponding commodity code.

(2) Customs declaration procedures: In the export link, enterprises need to submit relevant customs declaration documents including HS Code to the customs.

(3) Tariff collection: According to the HS Code, the customs collects corresponding tariffs on exported goods.

3. Practical application of HSN Code in India

In the Indian market, outdoor wpc wall panel also needs to be classified according to HSN Code. Enterprises exporting wpc wall panels to India need to provide the corresponding commodity code according to the requirements of HSN Code. In addition, Indian customs will also collect tariffs on imported goods according to HSN Code.

IV. Conclusion

In short, HS Code and HSN Code play a key role in the international trade of outdoor wpc wall panels. Understanding and mastering the differences between the two is of great significance for enterprises to export smoothly. In the future development, my country’s outdoor wpc wall panel industry should continue to increase technological innovation and brand building, enhance product competitiveness, actively explore the international market, and contribute to the development of global green building materials.

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