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OFFICIAL PORTAL OF THE
MINISTRY OF INVESTMENT, TRADE AND INDUSTRY
Home- About MITI
- Transforming Industry
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Glossary
HS
Harmonized System Tariff Code. An international nomenclature developed by the World Customs Organization, which is arranged in six-digit codes allowing all participating countries to classify traded goods on a common basis. Beyond the six-digit ... [read more]
Horizontal Approach
Approach to address NTBs in all sectors. For example elimination of export taxes. [read more]
HS
Harmonised System - The Harmonized Commodity Description and Coding System (HS) is a tariff nomenclature system developed and maintained by the World Customs Organization (WCO) for the purpose of describing and providing coding for the products ... [read more]
HRC
Hot Rolled Coil - steel processed at a high temperature (typically at a temperature over 1700° F), which is above the steel’s recrystallization temperature. When steel is above the recrystallization temperature, it can be shaped and formed ... [read more]
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