2017 HTS Changes
2017 HTS Changes
The World Customs Organization (WCO) has published new amendments to the Harmonized System Nomenclature, which will enter into force January 1, 2017. It includes 233 sets of amendments, divided as follows :
– Agricultural sector: 85
– Chemical sector: 45
– Wood sector: 13
– Textile sector: 15
– Base metal sector: 6
– Machinery sector: 25
– Transport sector: 18
– Other sectors: 26.
The amendments include, but are not limited to some new tariff provisions for ceramics, biologics, LED lamps, integrated circuits and electric vehicles. Companies need to review these changes to ensure accurate classifications for 2017 shipments. These HTS changes do not usually impact the FTA tariff-shift rules of origin, as the HTS in effect at the time of the FTA adoption is generally applied.
Click here for the HS Nomenclature 2017 edition.
Click here for the 2016 edition of the HTS.
Read the full changes here.