India Warns Traders About Incorrect HS Codes in Trading Documents
India said many traders are “not doing due diligence” while entering Harmonized System codes in bills of entry and shipping bills, and warned that violators will be subject to penalties, the Ministry of Commerce and Industry said in an Oct.…
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22 notice. The country said “many importers” are not entering “the correct HS codes at 8 digit level,” creating “avoidable errors in India's import data.” Traders should “indicate the specific HS codes of items at 8 digit [level] where they exist, instead of using the ‘Others’ category in a loose and inaccurate manner,” the notice said.