Trade words

Exact code

Official name: tariff line

The full 8-digit code India uses. Indian duty and import-export rules are set at this level.

Lessons that use this word

Lesson 54 min readChoosing a product and finding its HS codeHow to find your product's 8-digit HS code, why the exact code decides its duty and rules, and what to do when two codes seem to fit.
Lesson 85 min readHS classification: 2, 4, 6 and 8 digitsHow an HS code is built, the six rules customs uses to choose one, why the notes matter, and how to get a binding answer before you import.
Lesson 164 min readImport and export policy: free, restricted, prohibitedHow DGFT's ITC(HS) says whether a product may be traded freely, needs a licence, goes only through a state agency, or is banned.
Lesson 245 min readReading one shipment recordWhat each field of an Indian customs shipment record tells you, and the traps in descriptions, units and values that mislead first-time readers.
Lesson 255 min readCIF and FOB values, unit price and quantityWhy imports are valued CIF and exports FOB, how to work out a unit price, and how to compare prices fairly across shipments and units.
Lesson 264 min readMarket size, share and growth by countryHow to read a country's imports of your product, India's share of them and their growth, and why the 6-digit code and data delays matter.
Lesson 304 min readBuilding a simple trade reportPut one HS code on one page: market size, top countries, buyers, price trend, duty and rules, each with its source and its date.

Trade Academy is education, not legal, tax or customs advice. Rules and rates change by notification: check the live source, or ask a licensed customs broker, before you act.