Global Harmonised System Review 2022
12.11.21
The seventh edition of the Harmonised System (HS), which is used internationally to classify goods traded between countries, takes effect on 1st January 2022.
The revision will see significant changes to the Harmonised System and commodity codes, which may impact duties and other requirements of importing and exporting goods.
Warrant Group can help businesses take the necessary steps to ensure that they are fully prepared and update them of any changes that they may need to make.
HS 2022 Revision
The HS 2022 revision is intended to ensure the Harmonised System (HS) nomenclature remains up to date and relevant to new technology and products.
Every five years, the World Customs Organization undertakes a general review of the Harmonised Commodity Description and Coding System which serves as a basis for the tariff schedules of more than 200 countries and economies around the world.
The key factors driving the HS 2022 amendments include:
- Advances in technology
- New product streams
- Changing trade patterns
- Environment considerations
- Health and safety
- Fight against terrorism; and facilitating implementation of various international Conventions.
For more information, advice and support contact
Iain Carvill, Head of Air Operations & Customs Brokerage
Paul Willis, Customs Team Leader
