What is a Customs NO Code
A Customs NO Code is a numerical code that identifies specific goods and products in the customs system. The main function of a Customs NO Code is to determine customs tariffs and other duties applied to these goods when imported or exported across borders.
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Other functions include:
Goods identification: Customs NO Codes provide a standardized system for identifying and classifying different types of goods and products internationally.
Tariff determination: Customs NO Codes are used to set the correct customs tariff for each specific product according to the customs regulations of the relevant country or customs area.
Statistical purposes: Customs NO Codes are also used for statistical reporting, enabling customs authorities and other bodies to analyze trade patterns and economic activity.
Regulatory purposes: Customs NO Codes help regulate trade by making it easier for customs authorities to monitor and control illegal trade, smuggling, and trade restrictions.
Customs NO Codes form a system that effectively governs international trade, ensures correct customs treatment of goods, and enables monitoring and control of cross-border trade activities.
Difference between Norwegian Customs NO Code and EU Customs Code
The main difference between the Norwegian Customs NO Code and the EU Customs Code lies in their structure and scope, but both are based on the international Harmonized System (HS) for goods classification.
Norwegian Customs NO Code:
The Norwegian Customs NO Code, also known as the Nomenclature for Agricultural Products and Fish (NCTS), is a classification system for import and export goods in Norway. The Norwegian code consists of eight digits and is based on the Harmonized System (HS) with some adaptations specific to Norwegian legislation and requirements.
EU Customs Code:
The EU Customs Code, also known as TARIC (Integrated Tariff of the European Community), is the tariff classification used by member states of the European Union (EU). The TARIC code consists of ten digits, where the first eight digits are the Harmonized System (HS) code, and the last two digits are specific to the EU to identify additional details and regulations applicable within the EU area.
Differences:
Structure: The key difference is that the Norwegian Customs NO Code has eight digits, while the EU Customs Code has ten digits.
Scope: The Norwegian code focuses on Norwegian customs rules and legislation, whereas the EU code covers regulations applicable to the entire EU area.
Regulatory details: The EU code includes the last two digits which provide further information on customs rules, duties, and restrictions within the EU, while the Norwegian code focuses on meeting Norwegian customs regulations and requirements.
Although both codes are based on the Harmonized System (HS) for product classification, they include adaptations and specifications reflecting different national and regional customs regulations and needs.