Commodity Code

The commodity code is the most important data field on the Supplementary Declaration (SD). It is the basis for most of the statistical information used by government departments, the European Commission, United Nations agencies and businesses.

Every year, the European Commission publishes an updated list of commodity codes to accommodate changes in the tariff and statistical nomenclature on an international level. You must have the correct commodity code to file an Intrastat report. This eight-digit number identifies the type of goods which are the subject of a Dispatch or Arrival declaration. See European Commission's Combined Nomenclature page for more information.

Note:

For some EU subsidiaries, you can enter up to 10 digits in the Commodity Code field on an Item record.

NetSuite can generate an EU Intrastat Dispatch or Arrival declaration for any of your EU subsidiaries, if you have installed the International Tax Reports SuiteApp in your NetSuite account.

Enter the commodity code on the Tax Reporting subtab of the Item record. After entering a commodity code, click the Commodity Code Validation link. The system displays a message to let you know if the code is valid or not. Note that the validation only checks if the code is in the Combined Nomenclature (CN). The system does not check if the item and the code match. Be sure to assign the appropriate commodity code to the item. See European Commission's Combined Nomenclature page for more information.

Note:

For Netherlands, you can enter up to 10 digits in the Commodity Code field on an Item record. However, only the first 8 digits will be generated on the report.

The Commodity Code field is available on the following Item types:

• Inventory Item

  • Lot Numbered Inventory Item

  • Serialized Inventory Item

• Non-inventory Item

• Other Charge

• Kit/Package

Important:

NetSuite treats a kit as a single line item in transactions. It cannot be broken down into its member items with distinct prices and commodity codes. If you want your Intrastat report to include all items, be sure to use Item Group instead of Kit/Package.

Related Topics:

• EU Intrastat Report
• EU Intrastat Report Overview
• Intrastat Reporting Fields
• Intrastat Report Dispatches and Arrivals Forms
• Nature of Transaction Code
• Delivery Terms
• Mode of Transport
• Supplementary Unit
• Generating an EU Intrastat Report
• Intrastat Report for Austria
• Intrastat Report for Belgium
• Intrastat Report for Denmark
• Intrastat Report for Finland
• France Intrastat Declaration of Exchange of Goods (DEB) Report
• Intrastat Report for Germany
• Intrastat Report for Netherlands
• Intrastat Report for United Kingdom
• International Tax Reports
• Creating or Customizing Roles to Use the International Tax Reports
• International Tax Reports Best Practices

General Notices