• 9964432222
  • Mail Us
  • Appointment
  • Locate Us
  • Chat Now
  • Courses
  • Login
  • Register
Manifest IAS
JournalsOfIndia
Manifest Learning Academy
  • Home
  • SNIPPETSfor Prelims
  • ARTICLESfor Mains
  • BROWSEBY SOURCE
  • DOWNLOADS
No Result
View All Result
  • Home
  • SNIPPETSfor Prelims
  • ARTICLESfor Mains
  • BROWSEBY SOURCE
  • DOWNLOADS
No Result
View All Result
JournalsOfIndia
No Result
View All Result
Home Economy

Indian Trade Classification based on Harmonized System of Coding (ITCHS)

March 16, 2021
in Economy
Reading Time: 2 mins read
0
Indian Trade Classification based on Harmonized System of Coding (ITCHS)
527
VIEWS
Share on WhatsAppShare on TelegramShare on Facebook
image_pdfMake PDF

About Indian Trade Classification based on Harmonized System of Coding (ITCHS)

  • ITC-HS Codes or better known as Indian Trade Classification based on Harmonized System of Coding was adopted in India for import-export operations. 
  • Indian custom uses an eight digit ITC-HS Codes to suit the national trade requirements.

ITC-HS Codes Schedules

  • ITC-HS codes are divided into two schedules. 
  • ITC(HS) Import Schedule I 
    • Describe the rules and guidelines related to import policies.
    • Schedule I of the ITC-HS code is divided into 21 sections and each section is further divided into chapters. 
    • The total number of chapters in the schedule I is 98. 
  • ITC(HS) Export Schedule II 
    • Describes the rules and regulation related to export policies. 
    • Export Policy Schedule II of the ITC-HS code contains 97 chapters giving all the details about the guidelines related to the export policies.

Governing Body of ITC (HS) Code:

  • Any changes or formulation or addition of new codes in ITC-HS Codes are carried out by DGFT (Directorate General of Foreign Trade). 
  • Commodity description, weeding out of defunct codes, addition of new codes, change of product description etc., are taken up periodically as a part of the ongoing process towards perfection.

ITC Hs Code Major 21 Sections

  1. Animals & Animal Products
  2. Vegetable Products
  3. Animal Or Vegetable Fats
  4. Prepared Foodstuffs
  5. Mineral Products
  6. Chemical Products
  7. Plastics & Rubber
  8. Hides & Skins
  9. Wood & Wood Products
  10. Wood Pulp Products
  11. Textiles & Textile Articles
  12. Footwear, Headgear
  13. Articles Of Stone, Plaster, Cement, Asbestos
  14. Pearls, Precious Or Semi-Precious Stones, Metals
  15. Base Metals & Articles Thereof
  16. Machinery & Mechanical Appliances
  17. Transportation Equipment
  18. Instruments – Measuring, Musical
  19. Arms & Ammunition
  20. Miscellaneous
  21. Works Of Art
image_pdfMake PDF
Source: PIB and dgft.org
Tags: PIBPrelims

Related Posts

World Economic Situation & Prospects report-2023

World Economic Situation & Prospects report-2023

February 3, 2023
What is a Unity mall?

What is a Unity mall?

February 2, 2023
High Net worth Individuals (HNIs)

High Net worth Individuals (HNIs)

February 2, 2023
SUMMARY OF THE INDIAN ECONOMIC SURVEY 2022-23

SUMMARY OF THE INDIAN ECONOMIC SURVEY 2022-23

February 1, 2023
XR Startup Program

XR Startup Program

January 31, 2023
What is short selling?

What is short selling?

January 28, 2023
The trade-plus-one(T+1) settlement plan

The trade-plus-one(T+1) settlement plan

January 27, 2023
SEBI’s information database on municipal bonds

SEBI’s information database on municipal bonds

January 25, 2023
Caller Name Presentation (CNAP) proposal by TRAI

Caller Name Presentation (CNAP) proposal by TRAI

January 20, 2023
Oxfam Report -‘Survival of the Richest’

Oxfam Report -‘Survival of the Richest’

January 19, 2023
Please login to join discussion

Our Offline Classroom Student

CONGRATULATIONS TO 2021 TOPPERS !!!

Rank 171 Kumar Shivashish
Rank 250 Sahithya
Rank 263 Sumit Kumar Thakur
Rank 311 Deepak Ramachandra Shet
Rank 455 Ravinandan B M

February 2023
MTWTFSS
 12345
6789101112
13141516171819
20212223242526
2728 
« Jan    

Browse by Category

  • Agriculture
  • Disaster Management
  • Economy
  • Environment
  • Ethics
  • Foreign Affairs
  • Geography
  • Governance
  • History
  • Law & Policy
  • Opinion
  • People in News
  • Places in News
  • Science & Tech
  • Security
  • Society
  • Sports
  • Uncategorized

Browse by Tags

AIR All India Radio BBC Business Line Business Standard dow Down to Earth DownToEarth DTE Economic Times ET FAO Financial Express GS-1 GS-2 GS-3 GS-4 Hindustan Times IE India & the world Indian express Indiatoday India today Kurukshetra Livelihoods portal LiveMint Mains News News Paper Newspaper PIB Prelims PRS India RSTV Science Reporter Survey The Hindu The India Express The Indian Express The Print the wire Times of India TOI TOPPERS Yojana
JournalsOfIndia

Our vision is to orient the readers to grasp the facts objectively and analyse critically. In the rush of reaching first to the readers, the websites miss the balanced opinion, which is the need of the hour. We aim to reach the readers with more crispness, preciseness and relevance. We bring the articles in UPSC way for the civil services aspirants and the Wisest Way for general readers.

Categories

  • Agriculture
  • Disaster Management
  • Economy
  • Environment
  • Ethics
  • Foreign Affairs
  • Geography
  • Governance
  • History
  • Law & Policy
  • Opinion
  • People in News
  • Places in News
  • Science & Tech
  • Security
  • Society
  • Sports
  • Uncategorized

Browse by Tag

AIR All India Radio BBC Business Line Business Standard dow Down to Earth DownToEarth DTE Economic Times ET FAO Financial Express GS-1 GS-2 GS-3 GS-4 Hindustan Times IE India & the world Indian express Indiatoday India today Kurukshetra Livelihoods portal LiveMint Mains News News Paper Newspaper PIB Prelims PRS India RSTV Science Reporter Survey The Hindu The India Express The Indian Express The Print the wire Times of India TOI TOPPERS Yojana

Newsletter

The most important UPSC news and events of the day.

Get Journals daily newsletter on your inbox.

© 2020 JournalsOfIndia - A free initiative by Manifest Team.

  • Login
  • Sign Up
  • Home
  • SNIPPETS
  • ARTICLES
  • BROWSE
  • DOWNLOADS
No Result
View All Result

© 2020 JournalsOfIndia - A free initiative by Manifest Team.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In