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HS CODE

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Term Definition
HS CODE

The code of the classifier of the commodity nomenclature of foreign economic activity.

The commodity nomenclature of foreign economic activity was originally developed and introduced in 1988 after joining the International Convention on the Harmonized Commodity Description and Coding System. TNForeign economic activityThe USSR was first published in 1990.

After the collapse of the USSR, the Commodity Nomenclature of Foreign Economic Activity of the Commonwealth of Independent States was developed and adopted.

On 3.11.1995, an Agreement on the Unified Commodity Nomenclature of Foreign Economic Activity of the Commonwealth of Independent States was signed in Moscow. The governments of 12 CIS member states, striving to unify the forms of customs statistics and simplify customs procedures, have agreed to adopt a singleHSCIS, based on the Harmonized Commodity Description and Coding System of the World Customs Organization. On 1.01.1997, the CIS HS was put into effect.

With the creation of the EurAsEC Customs Union, a Unified Commodity Nomenclature of Foreign Economic Activity of the Customs Union was developed. Approved by the Decision of the Interstate Council of the Eurasian Economic Community (the supreme body of the Customs Union) No. 18 of 27.11.2009, as well as by the Decision of the Customs Union Commission No. 130 of 27.11.2009. Entered into force on 1.01.2010.

Synonyms:HS, HS