Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 40115000: New Pneumatic Tires for Bicycles

The HS Code 40115000 refers to new pneumatic tires made of rubber that are specifically designed for use on bicycles. These tires are an essential component of bicycles, providing traction, shock absorption, and stability for smooth rides.

When it comes to international trade, the HS code plays a crucial role in identifying and classifying products for customs purposes. The HS code 40115000 categorizes these bicycle tires, making it easier for customs authorities to track and regulate the import and export of these products.

Bound / MFN Duty Rate: Free

One important aspect to note about the HS Code 40115000 is the bound or most-favored-nation (MFN) duty rate, which is set at a rate of free. This means that when a country lowers a trade barrier or opens up its market, it must do so for the same goods or services from all its trading partners, resulting in duty-free treatment for these bicycle tires.

Quantity Unit: Number (NO)

The quantity unit for this HS code is the number (NO), indicating that the measurement is based on the number of individual bicycle tires being imported or exported.

Special Tariff Preference Programs:

Various countries and regions have established special tariff preference programs that offer additional benefits or exemptions for the import or export of specific products. In the case of HS Code 40115000, the following special tariff preference programs apply:

• Free: Certain countries excluded from GSP eligibility for that HTS subheading (duty-free treatment)
• Australia Special Rate
• Bahrain Special Rate
• NAFTA for Canada (duty-free treatment)
• Chile Special Rate
• Caribbean Basin Initiative (CBI)
• Israel Special Rate (duty-free treatment)
• Andean Trade Preference Act (ATPA)
• Jordan Special Rate
• Morocco Special Rate
• NAFTA for Mexico
• Oman Special Rate
• Dominican Republic-Central American Special Rate (DR-CAFTA)
• Peru Special Rate
• Singapore Special Rate

Importing US States:

The following US states are known for importing HS Code 40115000 bicycle tires:

• Alabama
• Georgia
• Illinois
• Ohio
• Oregon
• Pennsylvania
• South Carolina
• Vermont
• Virgin Islands

Exporting US States:

While the data provided does not specify the exporting US states for HS Code 40115000, it is important to acknowledge that various states across the country may engage in the export of these bicycle tires to meet domestic and international demand.

the HS Code 40115000 represents new pneumatic tires for bicycles, made of rubber. Understanding the associated duty rates, special tariff preference programs, and the importing US states can provide valuable insights for businesses involved in the import and export of these bicycle tires.