HS Code 42032905: Gloves, wholly of horsehide or cowhide leather not specially designed for use in sports, with fourchettes or sidewalls
Gloves are an essential accessory that not only provide protection and comfort but also add style to our outfits. However, not all gloves are the same. The HS Code 42032905 specifically refers to gloves made entirely of horsehide or cowhide leather, which are not specially designed for use in sports and have fourchettes or sidewalls.
The HS Code system is an internationally recognized classification system used to categorize products for customs and trade purposes. It provides a standardized code for each product, making it easier to identify and track goods as they move across borders.
When importing gloves with HS Code 42032905 into a country, it is important to be aware of the bound / MFN (Most Favored Nation) duty rate, which is set at 12.6%. 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.
The quantity unit for gloves under this HS Code is dozen pairs (DPR). This provides a standardized measurement for trade and ensures consistency in the quantity of gloves being imported or exported.
In addition to the duty rate, there are special tariff preference programs that may apply to gloves under HS Code 42032905. These programs offer preferential treatment to certain countries, reducing or eliminating import duties. For example, gloves imported from Australia, Bahrain, Canada, Denmark, Israel, Japan, Jordan, Morocco, Mexico, Oman, Peru, and the Philippines are eligible for duty-free treatment. Similarly, gloves imported from Chile and Singapore are subject to a special rate of 1.5%.
It is important to note that the information provided in the special tariff preference programs may change over time, so it is always advisable to consult the latest regulations and agreements.
When it comes to importing gloves under HS Code 42032905 into the United States, it is interesting to highlight that the state of Hawaii is the primary destination. This suggests a demand for gloves in Hawaii, possibly due to the state's unique climate or specific market preferences.
On the other hand, the exporting US states for gloves under this HS Code are not specified in the given data. However, it is worth mentioning that the United States is a major exporter of various goods, including gloves, to countries around the world.
the HS Code 42032905 represents a specific category of gloves made of horsehide or cowhide leather, not designed for sports and featuring fourchettes or sidewalls. Understanding the HS Code, duty rates, and special tariff preference programs is crucial for importers and exporters who deal with gloves under this code. The information provided in this article serves as a starting point for further research and compliance with customs regulations.
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