Textile Industries

1. Harmonized System (HS) Code

  • Recently, Khadi has been allocated a separate Harmonized System (HS) code by the Ministry of Commerce and Industry.
  • Harmonized System is a six-digit identification code developed by the WCO (World Customs Organization).
  • It allows participating countries to classify traded goods on a common basis for customs purposes.
  • Customs organizations use this code to clear every commodity that enters or crosses any international border.
  • India has 8-digit Indian Trade classification (HS) code based on Harmonised System of Coding.
  • WCO is an independent intergovernmental body whose mission is to enhance the effectiveness and efficiency of Customs administrations.

Impact

  • Before the Harmonized ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content

Already a Member? Login here

Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Be an Annual Subscriber

Indian Economy