Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 41142030: A Guide to Patent Leather

Patent leather is a unique type of leather known for its glossy, shiny appearance. It is commonly used in the manufacturing of shoes, handbags, and other fashion accessories. In this article, we will explore the HS Code 41142030, which specifically refers to patent leather, and provide detailed information about its description, duty rates, quantity unit, and special tariff preference programs.

Product Description

The HS Code 41142030 is assigned to patent leather. Patent leather is a type of leather that has been coated with a glossy finish, usually made from polyurethane or lacquer. This coating gives patent leather its distinctive shine and makes it highly resistant to water and stains. It is commonly used in the production of high-end footwear, handbags, belts, and other fashion accessories.

Bound / MFN Duty Rate

The bound / MFN (Most Favored Nation) duty rate for HS Code 41142030 is 2.3%. The MFN duty rate is the rate applied to imports when a country lowers a trade barrier or opens up a market. It ensures that all trading partners receive the same treatment for the same goods or services. Therefore, regardless of the country of origin, patent leather imports are subject to a 2.3% duty rate.

Quantity Unit

The quantity unit for HS Code 41142030 is square meters (M2). This unit is used to measure the surface area of the patent leather. It helps in determining the quantity of patent leather required for manufacturing purposes and enables accurate calculations for import and export transactions.

Special Tariff Preference Programs

Several special tariff preference programs are available for imports of patent leather under HS Code 41142030. These programs provide certain countries with preferential treatment or duty-free access to the United States market. The following are the special tariff preference programs applicable to patent leather:

• Free Trade Agreement (A+, AU, BH, CA, CL, D, E, IL, J, JO, MA, MX, OM, P, PE, SG): Imports from these countries are eligible for duty-free treatment under the respective Free Trade Agreements (FTAs) with the United States.
• Australia Special Rate: Australia enjoys a special rate for patent leather imports, allowing duty-free treatment.
• Bahrain Special Rate: Bahrain benefits from a special rate for patent leather imports, granting duty-free treatment.
• NAFTA for Canada: Patent leather imports from Canada under the North American Free Trade Agreement (NAFTA) receive duty-free treatment.
• Chile Special Rate: Chile has a special rate for patent leather imports, allowing duty-free treatment.
• Africa Growth and Opportunity Act (AGOA): Imports from eligible beneficiary developing countries receive duty-free treatment under the AGOA program.
• Caribbean Basin Initiative (CBI): Patent leather imports from CBI beneficiary countries receive duty-free treatment.
• Israel Special Rate: Israel enjoys a special rate for patent leather imports, allowing duty-free treatment.
• Andean Trade Preference Act (ATPA): Imports from ATPA beneficiary countries receive duty-free treatment for patent leather.
• Jordan Special Rate: Jordan benefits from a special rate for patent leather imports, granting duty-free treatment.
• Morocco Special Rate: Morocco has a special rate for patent leather imports, allowing duty-free treatment.
• NAFTA for Mexico: Patent leather imports from Mexico under NAFTA receive duty-free treatment.
• Oman Special Rate: Oman enjoys a special rate for patent leather imports, allowing duty-free treatment.
• Dominican Republic-Central American Special Rate (DR-CAFTA): Patent leather imports from DR-CAFTA beneficiary countries receive duty-free treatment.
• Peru Special Rate: Peru has a special rate for patent leather imports, allowing duty-free treatment.
• Singapore Special Rate: Singapore enjoys a special rate for patent leather imports, allowing duty-free treatment.

Importing and Exporting US States

HS Code 41142030 applies to patent leather imports and exports throughout the United States. It is important to note that the specific states involved in importing or exporting patent leather may vary depending on trade agreements, business partnerships, and market demand. However, major fashion hubs such as New York, California, and Texas are commonly involved in the import and export of patent leather products.

HS Code 41142030 refers to patent leather, a unique type of leather with a glossy finish. It is subject to a bound / MFN duty rate of 2.3%, and the quantity unit is square meters (M2). Importers of patent leather can benefit from various special tariff preference programs, granting duty-free treatment or preferential rates. It is essential for businesses to stay informed about these programs and the importing and exporting states involved to maximize their trade opportunities.