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HTS code

Harmonized Tariff Schedule code

The tariff classification number for an imported product, used to work out the customs duty owed. The rate also depends on the country of origin and any trade programs.

Why it matters for a product launch

Duty rates change, so check the official Harmonized Tariff Schedule and U.S. Customs and Border Protection for current rates, and ask a licensed customs broker about classification.

General definition for education only, not legal, tax or customs advice.

Related terms

  • Landed cost: The full per-unit cost of getting an imported product into your inventory: product cost plus freight, duties and tariffs, insurance, brokerage and fees.
  • Incoterms: Standard international trade terms, published by the International Chamber of Commerce, that set which costs, risks and tasks belong to the buyer and which to the seller. The current edition is Incoterms 2020.

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