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International Trade & Logistics Terminology

Our glossary simplifies common industry terms in freight and logistics into clear, easy-to-understand explanations.

Tariff Code

The Tariff Code (HS Code) is a unified code used to categorize goods, determining tariffs, regulatory requirements, and statistics. Correct coding is essential for compliant customs clearance. Establishing an internal classification process, double-checking, and regular updates can reduce the risk of misclassification and the cost of tax collection.

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