The customs determines the standard commodity classification according to the internationally accepted Harmonized Commodity Description and Coding System and applies it to the customs import and export declaration forms; According to the needs of tax policies and regulations, State Taxation Administration of The People's Republic of China, People's Republic of China (PRC) conducts tax rate assessment on standard goods provided by customs. In the identification process, if the original code cannot meet the needs of the actual tax business, it can be expanded to accurately identify the tax rate.
Function:
Commodity code is a numerical code used to classify and manage commodities and indicate the names of import and export commodities in import and export trade. It plays an important role in standardizing commodity management, simplifying actual operation and facilitating statistical analysis, and is widely used in import and export customs declaration, export tax rebate, business processing and financial accounting of export enterprises.
Commodity code is the concrete embodiment of commodity classification and the basis of tariff and export tax rebate. According to the classification principles and contents of the Catalogue of Harmonized Commodity Description and Coding System, the Customs officially implemented the Catalogue of Customs Import and Export Tariffs and Statistical Commodities from 1992 1.
With the evolution of practical application for many years, commodity classification is becoming more and more mature, and its coding rules mainly follow: the first two digits represent chapter items, the third and fourth digits are tax items, and the last four digits are subheadings, of which the seventh and eighth digits are secondary subheadings added on the basis of the coding of China's harmonized tariff system, and the ninth and tenth digits are two commodity codes (from 200 1) added for subdividing commodities.