The Harmonized System, which was implemented in 1988, provides a uniform structure for customs tariffs and statistical nomenclatures of all major trading countries, including the United States. While the World Customs Organization maintains oversight of the international Harmonized System, the ITC, Customs and Census Bureau are responsible for the development of U.S. technical proposals concerning the Harmonized System.
The World Customs Organization’s Harmonized System Review Subcommittee periodically reviews the system to make sure it stays current with changes in trade and technology. The third review cycle began this year, with changes to be implemented by January 2007.
The ITC will take comments from the industry through Friday. Areas considered for change are:
* Deletion of Harmonized System headings and subheadings with low trade volumes.
* Separate identification in the Harmonized System of new products important to international trade.
* Simplification of the Harmonized System by eliminating classification provisions which are difficult to administer.
* Modifications to the Harmonized System explanatory notes, a World Customs Organization publication which clarifies the scope of Harmonized System provisions.
The ITC will not accept proposals for changes to national-level provisions, such additional U.S. notes, U.S. eight digit subheadings, statistical annotations and rates of duty, in this review.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now