HS Code 46012280: Rattan Floor Coverings
Rattan floor coverings fall under the HS Code 46012280. This code is used to classify and identify specific products for international trade purposes. In this article, we will delve into the details of this HS code, including its product description, duty rates, and special tariff preference programs.
Product Description: Rattan floor coverings are made from the stems of rattan plants, which are a type of climbing palm native to tropical regions. These floor coverings are known for their durability, natural beauty, and eco-friendly characteristics. They are commonly used to enhance the aesthetics and functionality of indoor and outdoor spaces.
Bound / MFN Duty Rate: The bound or most-favored-nation (MFN) duty rate for HS Code 46012280 is free. This means that there are no import duties imposed on rattan floor coverings when they are traded between countries. It is important to note that this duty rate applies whenever a country lowers a trade barrier or opens up its market, ensuring fair and equal treatment for goods and services from all trading partners.
Quantity Unit: The quantity unit for HS Code 46012280 is "no units collected (X)." This indicates that the specific measurement unit for rattan floor coverings is not applicable or not collected at the time of importation.
Special Tariff Preference Programs: Rattan floor coverings under HS Code 46012280 are eligible for various special tariff preference programs. These programs grant preferential treatment in terms of duty rates to specific countries. The following countries have duty-free access to import rattan floor coverings:
- Australia (A): Rattan floor coverings receive duty-free treatment under the Generalized System of Preferences (GSP) in Australia.
- Bahrain (BH): Rattan floor coverings enjoy a special rate in Bahrain.
- Canada (CA): Rattan floor coverings benefit from duty-free treatment under the North American Free Trade Agreement (NAFTA) in Canada.
- Chile (CL): Rattan floor coverings receive a special rate in Chile.
- European Union (E): Rattan floor coverings may be eligible for duty-free treatment based on specific agreements with the European Union.
- Israel (IL): Rattan floor coverings enjoy duty-free treatment under a special rate in Israel.
- Japan (J): Rattan floor coverings may be eligible for duty-free treatment based on specific agreements with Japan.
- Jordan (JO): Rattan floor coverings receive a special rate in Jordan.
- Morocco (MA): Rattan floor coverings enjoy a special rate in Morocco.
- Mexico (MX): Rattan floor coverings benefit from duty-free treatment under NAFTA in Mexico.
- Oman (OM): Rattan floor coverings receive a special rate in Oman.
- Peru (P): Rattan floor coverings enjoy a special rate in Peru.
- Singapore (SG): Rattan floor coverings receive a special rate in Singapore.
These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating import duties on specific products. By taking advantage of these programs, importers and exporters can enhance their competitiveness and expand their market reach.
HS Code 46012280 represents rattan floor coverings in international trade. This code allows for the classification and identification of these products, ensuring fair treatment and facilitating trade between countries. Rattan floor coverings are not only aesthetically pleasing but also benefit from duty-free treatment and special tariff preference programs in various countries. This makes them an attractive choice for importers and exporters looking to engage in the global rattan industry.
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