WCO Harmonized System 2017 adoption: customs classifications must follow HSN2017 for all import and export filings from 01-01-2017. Amendments in the Finance Act 2016 require adoption of the WCO Harmonized System (HSN) 2017 nomenclature in place of the 2012 version from 01 January 2017, comprising 233 tariff-line amendments across key sectors. Importers, exporters, customs brokers and other stakeholders must ensure classifications follow HSN 2017 when filing customs declarations for goods to be imported or exported on and after that date. Customs RES software providers must update their systems in line with HSN 2017; links to the Finance Act and the correlation table are provided for reference.
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WCO Harmonized System 2017 adoption: customs classifications must follow HSN2017 for all import and export filings from 01-01-2017.
Amendments in the Finance Act 2016 require adoption of the WCO Harmonized System (HSN) 2017 nomenclature in place of the 2012 version from 01 January 2017, comprising 233 tariff-line amendments across key sectors. Importers, exporters, customs brokers and other stakeholders must ensure classifications follow HSN 2017 when filing customs declarations for goods to be imported or exported on and after that date. Customs RES software providers must update their systems in line with HSN 2017; links to the Finance Act and the correlation table are provided for reference.
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