Source: Textile Review

Each product has its own varieties or types depending upon the nature of raw material, design, style, specifications etc. This leads to the complication of understanding description goods under trade and also the subsequent process of manufacturing and documentation. In order to overcome this problem, a common nomenclature and coding for various products and their categories has been developed which is called as Harmonized Commodity Description and Coding System.

International trade involves business transactions of various types of products and services across the countries. Every country has its own nomenclature for various products and this differs from country to country. And also each product has its own varieties or types depending upon the nature of raw material, design, style, specifications etc. This leads to the complication of understanding description goods under trade and also the subsequent process of manufacturing and documentation. In order to overcome this problem, a common nomenclature and coding for various products and their categories has been developed which is called as Harmonized Commodity Description and Coding System. This common names and code numbers are followed by various countries involved in international trade.

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About the Author

The Author is Senior Lecturer, Dept. of Apparel Merchandising, NIFTTEA College of Knitwear Fashion, Tirupur

Originally published in Textile Review : March 2010