HS Code 41142070 - Patent Laminated Leather or Metallized Leather
Patent laminated leather or metallized leather, other than calf or kip, falls under HS Code 41142070. This code is used to classify and track the import and export of these specific types of leather products. In this article, we will explore the product description, duty rates, quantity units, special tariff preference programs, and the importing and exporting US states.
Product Description:
The HS Code 41142070 pertains to patent laminated leather or metallized leather, excluding calf or kip leather. Patent laminated leather refers to a type of leather that has a glossy, shiny finish due to a special coating or lamination process. Metallized leather, on the other hand, is leather that has been coated with a thin layer of metal, giving it a metallic appearance. Both these types of leather are widely used in various industries, including fashion, accessories, and upholstery.
Duty Rates:
The bound/MFN (Most Favored Nation) duty rate for HS Code 41142070 is 1.6%. The MFN duty rate is the rate applied to imports from all trading partners when a country lowers a trade barrier or opens up a market. This means that regardless of the country of origin, the import of patent laminated or metallized leather will be subject to a duty rate of 1.6%.
Quantity Unit:
The quantity unit for HS Code 41142070 is square meters (M2). This unit is used to measure the area of the patent laminated or metallized leather being imported or exported. It provides a standardized measure to ensure accurate tracking and pricing of the leather products.
Special Tariff Preference Programs:
Several special tariff preference programs are applicable to HS Code 41142070. These programs offer preferential treatment in terms of duty rates for specific countries. The following countries enjoy duty-free treatment under various programs:
- Australia (Special Rate)
- Bahrain (Special Rate)
- Canada (NAFTA - 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)
- Mexico (NAFTA - duty-free treatment)
- Oman (Special Rate)
- Dominican Republic-Central American (DR-CAFTA) (Special Rate)
- Peru (Special Rate)
- Singapore (Special Rate)
These special tariff preference programs aim to promote trade and economic cooperation between the United States and these countries. Importers and exporters can take advantage of these programs to reduce or eliminate the duty costs associated with importing or exporting patent laminated or metallized leather.
Importing and Exporting US States:
HS Code 41142070 is relevant for importers and exporters across various US states. The specific states involved in the import and export of patent laminated or metallized leather may vary depending on market demand and production capabilities. However, some of the major importing and exporting US states for this HS Code include:
Importing US States:
- California
- New York
- Texas
- Florida
- Illinois
Exporting US States:
- California
- New York
- Texas
- Florida
- Illinois
These states have a significant presence in the fashion industry and are known for their manufacturing capabilities and access to international markets. They serve as key hubs for the import and export of patent laminated or metallized leather.
HS Code 41142070 represents patent laminated leather or metallized leather, excluding calf or kip. This code is used to classify and track the import and export of these leather products. Importers and exporters should be aware of the duty rates, quantity units, special tariff preference programs, and the involvement of specific US states in the trade of these products. By understanding these details, businesses can navigate the international trade landscape more effectively and take advantage of the available benefits and opportunities.
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