Compendium of Classification Opinions PDF Form
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People also ask
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Which institution issues the Harmonized System nomenclature?
The HS is administrated by the World Customs Organization (WCO) and is updated every five years. It serves as the foundation for the import and export classification systems used in the United States and by many trading partners.
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What are WCO explanatory notes?
The Explanatory Notes provide a commentary on the scope of each heading, giving a list of the main products included and excluded, together with technical descriptions of the goods concerned (their appearance, properties, method of production and uses) and practical guidance for their identification..
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What procedures are in place for amending the HS convention and who is involved in this process?
1. The Council may recommend amendments to this Convention to the Contracting Parties. 2. Any Contracting Party may notify the Secretary General of an objection to a recommended amendment and may subsequently withdraw such objection within the period specified in paragraph 3 of this Article.
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What is the WCO Harmonized System Committee?
The WCO manages this process through the Harmonized System Committee (representing the Contracting Parties to the HS Convention), which examines policy matters, takes decisions on classification questions, settles disputes and prepares amendments to the Explanatory Notes.
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What body of the WCO oversees the updating of the HS nomenclature, explanatory notes, and the compendium?
The WCO manages this process through the Harmonized System Committee (representing the Contracting Parties to the HS Convention), which examines policy matters, takes decisions on classification questions, settles disputes and prepares amendments to the Explanatory Notes.
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What is a compendium of classification opinions?
The Compendium of Classification Opinions includes a list of the most signNow/difficult classification decisions taken by the Harmonized System Committee. The Classification Opinions contained in this volume carry the same status as the Explanatory Notes, but refer to specific products.
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