Twine, cordage, rope and cables are essential materials used in various industries and applications. These products are classified under HS Code 56079090, which specifically refers to twine, cordage, rope, and cables made of materials not elsewhere specified or included.
The HS Code 56079090 helps in identifying and categorizing these products for international trade purposes. It is a standardized system used by countries worldwide to classify and track goods during import and export processes. HS Codes ensure uniformity in trade documentation and facilitate efficient customs clearance procedures.
When importing or exporting twine, cordage, rope, or cables, it is crucial to familiarize yourself with the HS Code 56079090 to ensure compliance with international trade regulations. Understanding the HS Code helps determine the applicable customs duties, special tariff preference programs, and any trade barriers associated with the product.
According to the information available, the bound or most-favored-nation (MFN) duty rate for HS Code 56079090 is 6.3%. The MFN duty rate is the standard rate applied to imports from all trading partners unless a preferential trade agreement or special tariff program is in place.
However, several countries have implemented special tariff preference programs for twine, cordage, rope, and cables under HS Code 56079090. These programs offer reduced or duty-free rates for specific trading partners. Here are some examples:
Additionally, Australia (AU) offers a special rate of 3% for imports of twine, cordage, rope, and cables under HS Code 56079090. Morocco (MA) provides a special rate of 0.6% for the same products.
It is important to note that the availability of these special tariff preference programs may be subject to specific conditions and eligibility criteria. Importers and exporters should consult the respective customs authorities or trade agreements to ensure compliance and take advantage of these benefits.
HS Code 56079090 is measured in kilograms (KG) as the unit of quantity. This information helps in accurately determining the quantity of twine, cordage, rope, or cables being imported or exported.
Importing and exporting states in the United States may vary when it comes to twine, cordage, rope, and cable trade. Specific states may have different regulations or requirements for these products. Similarly, the exporting states may differ based on the country of origin or production.
HS Code 56079090 encompasses twine, cordage, rope, and cables made of materials not elsewhere specified. Understanding this HS Code is crucial for importers and exporters to ensure compliance with trade regulations, determine applicable customs duties, and take advantage of any special tariff preference programs available.