HS Code 39262040: Gloves, nesoi, of plastics
Gloves are essential protective accessories used in various industries and activities. They provide a barrier between the hands and potential hazards, ensuring safety and preventing injuries. The HS Code 39262040 specifically refers to gloves made of plastics that are not elsewhere specified or included (nesoi).
Plastics have become a popular material for glove manufacturing due to their durability, flexibility, and resistance to chemicals and other substances. These gloves offer excellent protection against a wide range of hazards, including chemicals, oils, solvents, and abrasions. They are commonly used in industrial settings, healthcare facilities, laboratories, food handling, and many other applications.
The HS Code 39262040 provides a standardized classification for customs and trade purposes. It helps countries track and regulate the import and export of gloves made of plastics. Understanding the HS code is crucial for businesses involved in international trade as it ensures compliance with customs regulations and facilitates smooth trade transactions.
When importing gloves with the HS Code 39262040, it is important to consider the associated tariff rates. The bound or most-favored-nation (MFN) duty rate for these gloves is 6.5%. This means that every time a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners. It promotes fair and equal treatment in international trade.
However, there are special tariff preference programs that offer reduced or duty-free rates for importing gloves with HS Code 39262040. These programs aim to promote economic development, provide incentives for trade, and support specific countries or regions. The following are some of the special tariff preference programs applicable to these gloves:
1. Free Trade Preference Programs:
- A+: Imports from least-developed beneficiary developing countries eligible for Generalized System of Preferences (GSP) under that subheading receive duty-free treatment.
- AU: Australia Special Rate - Duty-free treatment for imports from Australia.
- BH: Bahrain Special Rate - Duty-free treatment for imports from Bahrain.
- CA: NAFTA for Canada - Duty-free treatment for imports from Canada under the North American Free Trade Agreement (NAFTA).
- CL: Chile Special Rate - Duty-free treatment for imports from Chile.
- D: Africa Growth and Opportunity Act (AGOA) - Duty-free treatment for imports from eligible African countries.
- E: Caribbean Basin Initiative (CBI) - Duty-free treatment for imports from eligible Caribbean countries.
- IL: Israel Special Rate - Duty-free treatment for imports from Israel.
- J: Andean Trade Preference Act (ATPA) - Duty-free treatment for imports from eligible Andean countries.
- JO: Jordan Special Rate - Duty-free treatment for imports from Jordan.
- MA: Morocco Special Rate - Duty-free treatment for imports from Morocco.
- MX: NAFTA for Mexico - Duty-free treatment for imports from Mexico under NAFTA.
- OM: Oman Special Rate - Duty-free treatment for imports from Oman.
- P: Dominican Republic-Central American Special Rate (DR-CAFTA) - Duty-free treatment for imports from eligible countries in the Dominican Republic-Central American Free Trade Agreement.
- PE: Peru Special Rate - Duty-free treatment for imports from Peru.
2. Special Rate:
- SG: Singapore Special Rate - A reduced duty rate of 1% is applicable for imports from Singapore.
These special tariff preference programs provide opportunities for businesses to reduce costs and promote trade with specific countries or regions. Importers should consult the relevant customs authorities and trade agreements to determine the eligibility and requirements for availing these preferential rates.
When it comes to quantities, the HS Code 39262040 specifies the unit of measurement as dozen pairs (DPR). This unit helps standardize the measurement and trade of gloves, making it easier to quantify and track imports and exports.
In terms of the geographic aspect of trade, the data provided does not specify the exporting US states. However, it mentions that gloves with HS Code 39262040 are imported into New Mexico. This indicates that New Mexico is a significant destination for these gloves, possibly due to its specific industries or trade relationships.
the HS Code 39262040 encompasses gloves made of plastics that are not elsewhere specified or included. These gloves offer protection, durability, and versatility for various applications. The code plays a crucial role in regulating international trade, ensuring compliance, and facilitating smooth transactions. Importers should be aware of the associated tariff rates and special tariff preference programs to optimize their trade operations.
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