To assist you in your self-classification journey, you may use the following resources to obtain the HS code for your product. Classification is the process of finding the most specific description in the HS. What are Harmonized System (HS) shipping codes? What is the trade code for Singapore?
Singapore is a member of the World Customs Organization (WCO) and ASEAN. Hence, the HS code used for imports and exports is based on the 8-digit ASEAN Harmonised Tariff Nomenclature , or AHTN. The first digits of the AHTN is aligned to the WCO’s Harmonized Commodity Description and Coding System. Duties payable = Customs value x Excise duty rate. Company A imports a motor car that was bought at S$100on Free on Board (FOB) incoterms.
The overseas freight, handling and insurance charges to ship the car to Singapore cost S$000. The HS code is a worldwide terminology for the classification of items. It helps customs in various countries to make sure that they are talking about the same product and the HS code of a product also determines the import duties.
See full list on allianceexperts. For all motorcycles and scooters, an excise duty rate of will be levied on the customs value of the motorcycle or scooter. Failure or refusal to produce trade documents upon demand by Singapore Customs.
Section 128C of the Customs Act) A fine not exceeding S$100 or the equivalent of the amount of the customs duty, excise duty or GST payable, whichever is the greater amount, or imprisonment for a term not exceeding months, or both. Tariff Schedule of Singapore See General Notes to Annex 2C for an explanation of staging codes Heading H. Code Description Base Rates Staging Category Chapter Live animals 01. Live horses, asses, mules and hinnies.
Have an export question? Use the Tariff Finder and get the you’ll need for Tariff and Non- Tariff trade measures. There are Harmonized System Sections – the highest level of customs tariff code categorization. HS Code Lookup: Categories and Sections.
This HS code list is used to unify broad categories, like different types of vegetables (Section II, chapters 6-14). These sections are dictated by the WCO and are unified across every member country. Inland Revenue Authority of Singapore. Comptroller of Goods and Service Tax.
Import Procedures All goods imported into Singapore are regulated under the Customs Act, the Goods and Services Tax (GST) Act and the Regulation of Imports and Exports Act. If unsure about how a good is classifie one may apply for an official classification ruling for use within Singapore. Areas of Customs controls and procedures, including risk assessment, information technology and compliance.
The ten digit number is a must for landed cost calculation. You should know exactly what the specific number in your specific country. But the first digit numbers are supposed the same across the whole.
Harmonized System ( HS ) Codes Among industry classification systems, Harmonized System ( HS ) Codes are commonly used throughout the export process for goods. The Harmonized System is a standardized numerical method of classifying traded products. International Connectivity Preferential Certificate of Origin (CO) by Singapore Customs.
This service allows for the electronic submission and exchange of Preferential Certificates of Origin (CO) between Singapore and China for the purposes of enjoying preferential tariff treatment. The lyrics of the national anthem is printed in very small text on the back of the $0note in Singapore. Transhipment containers must be declared to PSA hours before the arrival of the import vessel into Singapore. Local import containers requested for re-export must be declared hours before the arrival of the import vessel into Singapore.
This is the common standard worldwide for describing the type of commodity. The Tariff Finder is designed to support traders to maximize benefits from ASEAN’s free trade agreements (FTAs). This is a tool to help businesses, especially Micro, Small and Medium Sized Enterprises (MSMEs) to get the up-to-date information on the preferential tariffs applied by ASEAN Member States under ASEAN Trade in Goods Agreement (ATIGA) or by ASEAN Member States and her. The links below correspond to the various sections in the Table of Contents for the Harmonized Tariff Schedule.
Clicking on a link will load the corresponding Adobe. Note: Section notes, if any, are attached to the first chapter of each section.
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