Definitions for "Harmonized System"
The Harmonized Commodity Description and Code System in ACS.
Harmonized description and coding system for goods. An international product nomenclature, established under the control of the international Customs Co-operative Council (CCC), intended to form the basis for the classification, coding, and description of goods for customs, transport purposes and statistics throughout the world. The nomenclature comprises headings, subheadings, items and their related codes, notes concerning sections, chapters, and subheadings, and the general rules concerning the conception of the harmonized system.
is an internationally agreed upon classification system for trade. It provides code numbers to specify a goods classification; thereby making customs duty determination more predictable.