HOW TO USE THE HARMONIZED TARIFF SCHEDULE The United States recently joined the European Community, Canada, and Japan in the use of a new tariff schedule called the Harmonized System (HS). This schedule is an international, multipurpose, classification system designed to improve the collection of import and export statistics as well as for customs...
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Description of the Harmonized System The Harmonized System (HS) is about the size of a major city’s telephone book. It is available through the Government Printing Office in three-hole, loose-leaf form for about $60. The stock number is 040-000-00516-1. The HS is a complete product classification system, which is organized by a numbering system....
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IMPORT QUOTAS The importation of certain products—usually to protect infant industries or established industries under marketing pressure from foreign countries—are controlled by quantity. Specific legislation establishes quotas for this control, and tbe Commissioner of Customs has no right to change or modify the quotas. United States import quotas are divided into two types: absolute...
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SPECIAL IMPORT REGULATIONS Many countries require a license to import, but the United States does not. Thousands of products are imported freely with no restrictions. Although the importation of goods does not require a license from the customs service, certain classes of merchandise might be prohibited or restricted by other agencies (a) to protect...
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