Understanding HSN Codes in Ukraine : A Comprehensive Guide

Introduction

The Harmonized System Nomenclature (HSN) Codes, created by the World Customs Organization (WCO), serve as a global standard for categorizing goods in trade. Ukraine employs these codes, known locally as УКТ ЗЕД (Ukrainian Classification of Goods for Foreign Economic Activity), to facilitate international trade, customs processing, and tariff application.

The utilization of HSN Codes in Ukraine is crucial for trade compliance, tariff assessments, and maintaining the country’s active role in the global economy.

Ukraine's customs system integrates HSN Codes to ensure consistent classification of goods, streamline customs procedures, and align with international trade practices. These codes are vital for defining import/export regulations, calculating duties, and formulating trade policies.

By adhering to the HSN Codes, Ukraine demonstrates its commitment to the WCO’s efforts to standardize global trade practices and enhance the efficiency of customs operations.

Ukraine has expanded the HSN system by incorporating additional digits, allowing for more detailed classification of goods, crucial for specific tariff and policy applications.

The HS Code system in Ukraine is designed to ensure precise classification of goods, essential for customs, taxation, and economic policy-making.

Taking agricultural products, a key export sector for Ukraine, the HSN Code for corn (maize) might be 1005.90.00.

Chapter (10): Cereals.

Heading (05): Maize (corn).

Sub-heading (90): Other than seed.

Ukrainian Specific Extension (00): These additional digits could provide further details as required by Ukrainian customs, such as the type or use of the corn.

HSN Codes are a fundamental aspect of Ukraine’s trade infrastructure, impacting customs duties, taxes, and trade policies. They are essential for businesses to ensure compliance with international standards and for the government to enforce trade regulations.