Rubber thread and cord, textile covered, falls under HS Code 56041000. This HS Code is used to classify and identify this specific product for international trade purposes. In this article, we will explore the product description, duty rates, quantity units, special tariff preference programs, and the importing and exporting US states for HS Code 56041000.
The product covered by HS Code 56041000 is rubber thread and cord that is textile covered. This means that it is a type of elastic material made from rubber, which is then covered with a textile material. This combination of rubber and textile provides strength, flexibility, and durability to the product.
The bound / MFN (Most Favored Nation) duty rate for HS Code 56041000 is 6.3%. This means that whenever a country lowers a trade barrier or opens up a market, it has to apply the same duty rate of 6.3% for the import or export of rubber thread and cord, textile covered, from all its trading partners.
The quantity unit for HS Code 56041000 is kilograms (KG). This means that the weight of the rubber thread and cord, textile covered, is measured and expressed in kilograms when it is imported or exported.
There are several special tariff preference programs that provide certain countries with preferential treatment for the import of rubber thread and cord, textile covered, under HS Code 56041000. The following countries enjoy duty-free or special rate treatment:
These special tariff preference programs aim to promote trade and economic cooperation between the countries involved by reducing or eliminating the duty rates for the import of rubber thread and cord, textile covered.
When it comes to the import and export of products classified under HS Code 56041000, the following US states are involved:
Virginia is one of the states in the United States that engages in the import of rubber thread and cord, textile covered. The exporting US states information is currently unavailable. However, it is important to note that the trade of this product is not limited to Virginia alone, and other states may also participate in the export of rubber thread and cord, textile covered.
HS Code 56041000 refers to rubber thread and cord, textile covered. This article provided an extensive overview of the product description, duty rates, quantity units, special tariff preference programs, and the involvement of Virginia in the import of this product. It is crucial for traders and individuals involved in international trade to understand the HS Code system and its associated products to ensure compliance with customs regulations and to take advantage of any available special tariff preference programs.