WCO Issues Guidance for Consistent HS Commodity Classification
The World Customs Organization (WCO) recommendations promote the implementation of Harmonized System (HS) resolutions, facilitating global trade and compliance. These recommendations, often discussed within the HS Committee, aim to provide clarity and consistency in customs classification. By adhering to WCO guidelines and HS resolutions, countries can streamline import and export processes, reduce trade barriers, and ensure accurate tariff application. This ultimately contributes to a more efficient and transparent international trading environment.
