MONDAY, NOVEMBER 9, 1987
11
ADVICE ON CODING FOR IMPORTERS, EXPORTERS
AND
ΤΟ
ATTENTION IMPORTERS AND EXPORTERS WILL HAVE TO PAY SPECIAL THE CODING OF GOODS AS THEY COMPLETE IMPORT
EXPORT DECLARATIONS HONG KONG
ΤΟ SWITCHES
A IN JANUARY NEXT YEAR WHEN
NEW COMMODITY DESCRIPTION CLASSIFICATION SYSTEM, THE HONG KONG HARMONIZED COMMODITY AND CODING SYSTEM (HK HS).
NEW THE
SYSTEM, WHICH WILL REPLACE THE PRESENT STANDARD IS BASED ON INTERNATIONAL TRADE CLASSIFICATION (SITC), REVISION
SYSTEM"
THE
DESCRIPTION AND CODING "HARMONIZED COMMODITY DEVELOPED BY THE CUSTOMS CO-OPERATION COUNCIL IN BRUSSELS.
(HS)
AS THE
HAS BEEN DESIGNED ΤΟ PROVIDE A MULTI-PURPOSE
SUIT THE NEEDS NOMENCLATURE THAT CAN
OF CUSTOMS AND STATISTICAL AUTHORITIES ROUND THE WORLD AS WELL AS ALL THOSE CONCERNED WITH TRADE.
"HARMONIZES" IT
A VARIETY OF
STATISTICAL CUSTOMS, DIFFERENT PARTS OF THE WORLD. TRANSPORT NOMENCLATURES USED IN
CO-OPERATION
SITC AND
AND
THE CUSTOMS
CUSTOMS TARIFF
WORLD
PURPOSES,
AND IN COUNCIL NOMENCLATURES
HAVE
BEEN
PARTICULAR, THE NOMENCLATURE, THE TWO MOST WIDELY ADOPTED INTERNATIONAL FOR TRADE CONSIDERED IN THE DESIGN OF THE US.
STATISTICS
THE
"AT PRESENT, DIFFERENT
WOULD
COUNTRIES MAY
CLASSIFY A PARTICULAR
ADOPTING
TYPE OF GOODS UNDER DIFFERENT NAMES, MAKING IT DIFFICULT FOR INTERNATIONAL COMPARISONS. THE HS WILL ENSURE THAT COUNTRIES
CLASSIFY THE HA
ΤΟ PRODUCTS RY
THE REFERENCE
SAME IT MUCH KASTER TO CLASSIFICATION AND CODING SYSTEM. THIS WILL MAKE
A PRODUCTS,"
SPOKESMAN FOR ANALYSE AND MONITOR TRADE IN PARTICULAR THE CENSUS AND STATISTICS DEPARTMENT SAID.
"THE
OF THE HS
WILL HELP
REDUCE
GOODS
ARE
TRANSPORTED
COMPARISON
IN UNCERTAINTY
OF THE
ADOPTION INTERNATIONAL EXPENSES INCURRED IN REDESCRIBING, RE-CLASSIFYING AND RECORDING
VARIOUS CLASSIFICATION SYSTEMS UNDER
WHEN GOODS
COUNTRIES. 1 'T BETWEEN
WILL ALSO
THE FACILITATE
INTERNATIONAL
STATISTICS TRADE
AND REDUCE NEGOTIATION AND INTERPRETATION OF TRADE AGREEMENTS.
THE SPOKESMAN POINTED OUT THAT MOST MAJOR TRADING COUNTRIES AND JAPAN ARE HONG KONG, INCLUDING THE REC
THE TARGET IMPLEMENTATION DATE SET ADOPT THE HS WITH 1988. THE UNITED STATES ALSO PLANS TO ADOPT THE HS TO RATIFICATION BY THE U.A. CONGRESS.
LOCAL
IN
PARTNERS OF PREPARED
то 1.
ON JANUARY
1988, SUBJECT
A
WITH SUIT,
WITH TRADERS "AS IT IS IMPORTANT TO PROVIDE CUSTOMS TERMINOLOGY FOR THEIR EFFECTIVE COMMUNICATIONS
HONG KONG HAS DECIDED TO FOLLOW SUPPLIERS AND BUYERS. + THE HS AFTER SUITABLE ADAPTATION TO SUIT LOCAL NEEDS.
COMMON
OVERSEAS
ADOPTING
+
/"TO PREPARE