In international trade, terms like CN number, CN code, HS code, and GTIP code frequently appear. These terms play a critical role in product classification and customs procedures. So, what exactly is a CN number, and why is it important? In this article, we will explain the concepts of CN code, HS code, and GTIP code in detail while exploring how the list of company utilizes this system.

What is a CN Number?

A CN number, or Combined Nomenclature code, is a product classification code based on the Combined Nomenclature system. Used in European Union countries, this system was developed to determine customs tariffs and regulate international trade. The CN code consists of 8 digits and is built upon the HS code. The HS code, standardized by the World Customs Organization, is a 6-digit code, while the CN number adds two additional digits for more specific classification. For example, an HS code for a textile product indicates a general category, whereas the CN code specifies details like fabric type or intended use.

In the List of Company, firms define their products using these codes, enabling faster and more accurate customs processes. In Turkey, the GTIP code serves the same purpose as the CN number and typically consists of 12 digits.

Differences Between CN Code and HS Code

While there is a fundamental connection between the CN code and the HS code, their applications differ. The HS code is a globally standardized system covering the first 6 digits. The CN number, however, includes additional digits specific to the EU, offering a more detailed classification. For instance, an HS code for an electronic device identifies its general type, while the CN code distinguishes specific models or technical features. In Turkey, the GTIP code is adapted from the CN code to meet local requirements.

Within the List of Company, exporters and importers define their products using these codes. This facilitates tracking customs duties and trade statistics. The use of the CN number reduces the risk of misclassification and enhances trade transparency.

GTIP Code and Its Applications in Turkey

In Turkey, the GTIP code operates similarly to the CN number in customs processes. Built upon the HS code, the GTIP code includes additional digits to provide more detailed product definitions. For example, a GTIP code for an agricultural product might specify whether it is organic or its packaging type. Within the List of Company, Turkish firms use these codes to compete in international markets.

Both the CN code and GTIP code ensure accurate calculation of taxes in import-export processes. Incorrect use of a CN number or GTIP code can lead to penalties. Therefore, it is critical for firms in the List of Company to use these codes correctly.

Importance and Applications of the CN Number

The CN number ensures standardization in international trade. Together with the HS code and GTIP code, it enables quick product identification at customs. Firms in the List of Company use these codes to present their products to global markets. Additionally, the CN code is used in collecting statistical data. For example, trade volumes between EU countries are analyzed using the CN number.

In conclusion, the CN number, CN code, HS code, and GTIP code are foundational elements of order in international trade. For firms in the List of Company, accurate use of these codes saves both time and costs. This system, which streamlines customs processes, is an indispensable part of global trade.