Inner tubes of rubber, classified under HS Code 40132000, are a crucial component of bicycle tires. They provide the necessary support and cushioning to maintain proper tire pressure and ensure a smooth ride. This article will explore the specifications, uses, and special tariff preference programs related to this HS code.
The product description for HS Code 40132000 is "Inner tubes of rubber, of a kind used on bicycles." These inner tubes are typically made from natural or synthetic rubber and are designed to fit specific tire sizes. They are commonly used in both traditional bicycles and modern e-bikes.
The bound / MFN (Most Favored Nation) duty rate for HS Code 40132000 is free. This means that countries must eliminate any trade barriers or tariffs for this product when importing or exporting it. It promotes fair and equal treatment for all trading partners.
Whenever 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. This principle ensures transparency and prevents discrimination.
The quantity unit for HS Code 40132000 is number (NO), which refers to the number of inner tubes imported or exported.
Several special tariff preference programs apply to HS Code 40132000. These programs offer preferential treatment, including duty-free access, to specific countries. The following countries and programs are relevant:
These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating import duties on specific products.
HS Code 40132000 applies to inner tubes of rubber for bicycles imported and exported by various US states. The specific states involved in importing and exporting this product may vary depending on market demand and manufacturing capabilities.
Some of the prominent US states involved in importing inner tubes of rubber for bicycles include:
These states have a significant demand for bicycles and related components, making them key players in the importation of inner tubes.
On the other hand, the US states involved in exporting inner tubes of rubber for bicycles include:
These states are known for their manufacturing capabilities and contribute to the global supply of inner tubes for bicycles.
HS Code 40132000 encompasses inner tubes of rubber used on bicycles. The bound / MFN duty rate for this code is free, ensuring fair treatment for all trading partners. Several special tariff preference programs offer duty-free access to specific countries. Understanding the import and export dynamics of this HS code can help businesses navigate international trade and benefit from preferential treatment.