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Harmonized Commodity Description and Coding
System | A multi-purpose international goods-
classiications for manufacturers, transporters,
exporters, importers, customs oficials, statisticians, Import License | A document required and issued
and others in classifying goods moving in international by some national governments authorizing the
trade under a single commodity code. Developed importation of goods into their individual countries.
under the auspices of the Customs Cooperations
Council (CCC), an international customs organization Import Permit | Usually required for items that might
in Brussels, this code is a hierarchically-structured affect public health, morals, animal life, vegetation,
product nomenclature containing approximately etc. Examples include foodstuffs, feedstuffs,
5,000 headings and subheadings describing the pharmaceuticals (human and veterinary), medical
articles moving in international trade. It is organized equipment, seeds, plants, and various written material
into 99 chapters arranged in 22 sections. Sections (including tapes, cassettes, movies, TV tapes, or TV
encompass an industry (e.g. Section XI, Textiles and movies). In some countries, an import permit is the
Textile Articles), and chapters encompass the various same as an import license.
materials and products of the industry (e.g. Chapter 50,
Silk; Chapter 55, Manmade Staple Fibres; Chapter 57, In Bond | A term indicating that an imported shipment
Carpets). The basic code contains four-digit headings was not cleared by Customs at the border and is
and six-digit subheadings. (The U.S. will add digits for moving under a surety bond.
tariff and statistical purposes.) In the U.S., duty rates
will be at the eight-digit level; statistical sufixes will be In Transit | In passage from one place to another.
at the ten-digit level.
Inbound | Inward bound. Direction of vessel or cargo
Haulier | The participating carrier responsible for going to port of discharge or inal destination.
drayage of containers.
Incentive Fees | Management fees that are
Heavy Lift | Articles too heavy to be lifted by a ship’s contingent upon achieving certain pre-deined levels
tackle.
of proitability
Heavy-Lift Charge | A charge made for lifting articles Incoterms | A set of uniform rules codifying the
too heavy to be lifted by a ship’s tackle
interpretation of trade terms deining the rights and
obligations of both buyer and seller in an international
High Cube (HC or HQ) | Any container that exceed transaction, thereby enabling an otherwise complex
8’-6” (102”) in height, usually 9’-6”.
basis of a sale contract to be accomplished in three
letters. Incoterms are drafted by the International
Hold | It is the part of the ship below deck where the Chamber of Commerce.
cargo is stored.
Inland Clearance Depot | A CFS with Customs
House Bill of Lading (HB/L) | Bill of lading issued by clearance facilities.
a forwarder or an NVOCC operator
Insulated Container | A container insulated on the
House-to-House (H/H) | See “CY/CY” walls, roof, loor and doors to reduce the effect of
external temperatures on the cargo.
House-to-Pier (H/P) | See “CY/CFS”
Insulated Tank Container | The frame of a container
Hull Underwriter | The person with whom the ship constructed to hold one or more thermally insulated
hull, machinery apparel, and tackle is insured.
tanks for liquids.
HVAC | Heating, Ventilation, and Air Conditioning Integrated Project Delivery (IPD) | A collaborative
system
system where the design team, contractor, and
purchasing agent are all retained for the project at
the beginning to create eficiencies and manage tight
schedule.
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JN+A and HVS DESIGN | HOTEL COST ESTIMATING GUIDE 2017

