Q4 · UPSC current affairs · 11 September 2026 · News · India Import Dependency on China in Critical Tariff Lines

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In the context of international trade and customs, what does the term 'Tariff Line' specifically refer to?

A A trade agreement threshold limiting bilateral deficit.
B A specific product classification code under the Harmonized System (HS) used by customs to levy import duties.
C The geographical route designated for cargo shipping across international waters.
D A quantitative quota restricting the total volume of electronic goods imported from a single country.

Correct answer: (b) A specific product classification code under the Harmonized System (HS) used by customs to levy import duties.

Explanation

Option B is correct because a tariff line refers to a specific product classification code under the Harmonized System (HS) used by customs authorities to levy import duties. Options A, C, and D describe trade deficits, shipping routes, and quotas respectively.

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