ITC-HS Codes [2] or better known as Indian Trade Clarification based on Harmonized System of Coding was adopted in India for import-export [3] operations. Indian custom [4] uses an eight digit ITC-HS Codes [5] to suit the national trade requirements.
ITC-HS Codes Schedules
ITC-HS codes are divided into two schedules. ITC(HS) Import Schedule I [2] describe the rules and guidelines related to import policies where as Schedule II [6] describe the rules and regulation related to export policies. Schedule I of the ITC-HS code is divided into 21 sections [2] and each section is further divided into chapters. The total number of chapters in the schedule I is 98. The chapters are further divided into sub-heading under which different HS codes are mentioned. Export Policy Schedule II of the ITC-HS code [6]contain 97 chapters giving all the details about the guidelines related to the export policies.
Governing Body of ITC (HS) Code:
Any changes or formulation or addition of new codes in ITC-HS Codes [2] are carried out by DGFT (Directorate General of Foreign Trade). [7] Commodity description, weeding out of defunct codes, addition of new codes, change of product description etc., are taken up periodically as a part of the ongoing process towards perfection.
ITC Hs Code Major 21 Sections
Links:
[1] https://www.volza.com/?utm_source=DGFT_hp&utm_medium=banner&utm_campaign=volza-affiliate
[2] http://www.eximguru.com/hs-codes/default.aspx
[3] http://www.infodriveindia.com/export-import/trade-statistics.aspx
[4] http://www.eximguru.com/exim/indian-customs/default.aspx
[5] http://www.eximguru.com/hs-codes/dgft-2007.aspx
[6] http://www.eximguru.com/exim/dgft/itc-hs-export-schedule-2/default.aspx
[7] http://www.eximguru.com/exim/dgft/default.aspx
[8] http://www.eximguru.com/hs-codes/section-i-live-animals-animal-products_534.aspx
[9] http://www.eximguru.com/hs-codes/section-ii-vegetable-products_535.aspx
[10] http://www.eximguru.com/hs-codes/section-iii-animal-or-vegetable-fats_536.aspx
[11] http://www.eximguru.com/hs-codes/section-iv-prepared-foodstuffs-beverages-spirits_537.aspx
[12] http://www.eximguru.com/hs-codes/section-v-mineral-products_538.aspx
[13] http://www.eximguru.com/hs-codes/section-vi-products-of-the-chemicals_539.aspx
[14] http://www.eximguru.com/hs-codes/section-vii-plastics-and-articles-thereof_540.aspx
[15] http://www.eximguru.com/hs-codes/section-viii-raw-hides-and-skins_541.aspx
[16] http://www.eximguru.com/hs-codes/section-ix-wood-and-articles-of_542.aspx
[17] http://www.eximguru.com/hs-codes/section-x-pulp-of-wood-or_543.aspx
[18] http://www.eximguru.com/hs-codes/section-xi-textile-and-textile-articles_544.aspx
[19] http://www.eximguru.com/hs-codes/section-xii-footwear-headgear-umbrellas-sunumbr_545.aspx
[20] http://www.eximguru.com/hs-codes/section-xiii-articles-of-stone-plaster_546.aspx
[21] http://www.eximguru.com/hs-codes/section-xiv-natural-or-cultured-pearls_547.aspx
[22] http://www.eximguru.com/hs-codes/section-xv-base-metals-and-articles_548.aspx
[23] http://www.eximguru.com/hs-codes/section-xvii-vehicles-aircraft-vessels-and_550.aspx
[24] http://www.eximguru.com/hs-codes/section-xviii-optical-photographic-cinematograph_551.aspx
[25] http://www.eximguru.com/hs-codes/section-xix-arms-and-ammunition-parts_552.aspx
[26] http://www.eximguru.com/hs-codes/section-xx-miscellaneous-manufactured-articles_553.aspx
[27] http://www.eximguru.com/hs-codes/section-xxi-works-of-art-collectors_554.aspx