World Customs Organization
Also called: WCO · Dünya Gümrük Örgütü
An intergovernmental organisation based in Brussels whose members represent customs administrations worldwide. It manages the Harmonized System and conventions on customs procedures, and provides technical guidance on valuation and origin.
In practice
The HS and its explanatory notes come from the WCO, so its classification opinions shape national practice worldwide.
Related terms
- HS code
- The six-digit product code of the Harmonized System, the international goods nomenclature maintained by the World Customs Organization and used by…
- Explanatory notes
- Official commentary that explains the scope of headings and subheadings with examples and exclusions. The HS explanatory notes are published by the…
- HS edition
- The Harmonized System is revised roughly every five years to reflect new products, technology and trade patterns. HS 2022 has applied since 1 January…
- World Trade Organization
- The international organisation that administers multilateral trade agreements, including GATT, the agreements on customs valuation, rules of origin,…