HS Code 53012100: Flax, broken or scutched
Flax, broken or scutched, falls under HS Code 53012100. This code is used to classify and identify specific goods for import and export purposes. Understanding the HS Code for a product is essential for international trade, as it helps determine the applicable tariffs, duties, and regulations.
The product description for HS Code 53012100 is "Flax, broken or scutched." Flax refers to the fiber obtained from the flax plant, which is widely used in the textile and paper industries. Broken or scutched flax refers to flax fibers that have undergone a process of breaking or scutching to remove impurities and prepare them for further processing.
When importing or exporting goods, it is crucial to be aware of the specific HS Code assigned to the product. This code ensures that the correct tariffs and duties are applied and helps facilitate smooth trade between countries.
The bound / Most Favored Nation (MFN) duty rate for HS Code 53012100 is 0.2 cents/kg. The MFN principle states that when 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 promotes fair and non-discriminatory trade practices.
The quantity unit for HS Code 53012100 is kilograms (KG). This unit of measurement is used to quantify the weight of the imported or exported flax.
There are also special tariff preference programs available for products classified under HS Code 53012100. These programs provide certain countries with preferential treatment in terms of duty rates. The following countries are eligible for special tariff preferences for flax under this HS Code:
- Australia (Special Rate)
- Bahrain (Special Rate)
- Canada (NAFTA - duty-free treatment)
- Chile (Special Rate)
- European Union (EU) countries
- Israel (Special Rate - duty-free treatment)
- Japan
- Jordan (Special Rate)
- Morocco (Special Rate)
- Mexico (NAFTA - duty-free treatment)
- Oman (Special Rate)
- Peru (Special Rate)
- Singapore (Special Rate)
These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating import duties on specific goods.
When importing flax classified under HS Code 53012100 into the United States, various states serve as major importers. These states may include but are not limited to:
- New York
- California
- Texas
- Florida
- Illinois
Similarly, when exporting flax from the United States, various states serve as major exporters. These states may include:
- North Dakota
- Minnesota
- South Dakota
- Montana
- Nebraska
Understanding the HS Code and its associated details, such as the product description, duty rates, quantity unit, and special tariff preference programs, is crucial for businesses involved in international trade. It helps ensure compliance with customs regulations, facilitates accurate tariff calculations, and promotes efficient global trade.
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