About HSN Codes

• • The Harmonized Commodity Description and Coding System generally referred to as “Harmonized System” or simply “HS” is a multipurpose international product nomenclature developed by the World Customs Organization (WCO) in 1988.

• WCO, established in 1952 is an independent intergovernmental body whose mission is to enhance the effectiveness and efficiency of Customs administrations. 

• WCO represents 185 Customs administrations across the globe (including India) that collectively process approximately 98% of world trade. 

• It is a six-digit code that classifies more than 5000 products, arranged in a legal and logical structure. To achieve uniform classification, the HS Nomenclature is supported by well-defined rules and is accepted worldwide.
• HSN code is used by customs authorities, statistical agencies, and other government regulatory bodies, to monitor and control the import and export of commodities.
  • India has been using HSN codes since 1986 to classify commodities for Customs and Central Excise.