HS Code 64029126 - Footwear with Outer Soles & Uppers of Rubber or Plastics
In this educational article, we will explore HS Code 64029126, which refers to footwear with outer soles and uppers of rubber or plastics, not protective, and valued over $6.50 but not over $12 per pair.
The HS Code is an internationally recognized system for classifying traded products. It helps to standardize the classification of goods for customs purposes and facilitates trade between countries. HS Code 64029126 specifically identifies a particular type of footwear based on its materials, construction, and value.
The product description of HS Code 64029126 highlights that this footwear has both outer soles and uppers made of rubber or plastics, indicating that it is likely to be lightweight and flexible. Additionally, these shoes feature a metal toe-cap, although it is specified that they are not intended for protective purposes.
In terms of trade regulations, the bound or most-favored-nation (MFN) duty rate for HS Code 64029126 is 90 cents per pair. This duty rate applies to all countries unless specific tariff preference programs are in place. The MFN principle states that whenever 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 HS Code 64029126 is pairs (PRS), indicating that the classification is based on the number of pairs of footwear imported or exported.
Now, let's explore the special tariff preference programs that may apply to HS Code 64029126:
- Free Trade Agreement (CAFTA): Under the North American Free Trade Agreement (NAFTA), Canada receives duty-free treatment for this product. This means that Canadian importers can import footwear classified under HS Code 64029126 from the United States without paying any duties.
- Africa Growth and Opportunity Act (AGOA): This program grants duty-free treatment for eligible products, including footwear, from African countries. It aims to promote economic development and trade between the United States and African nations.
- Israel Special Rate: Footwear classified under HS Code 64029126 can enter the United States from Israel at a duty-free rate.
- Jordan Special Rate: Footwear from Jordan can also enter the United States under a special tariff rate, which is not specified in the available data.
- Caribbean Basin Trade Partnership Act (CBTPA): This program grants preferential treatment to eligible countries in the Caribbean Basin region, including duty-free access for certain products like footwear.
- Australia Special Rate: Australian importers of footwear classified under HS Code 64029126 can enjoy a tariff rate of 36 cents per pair plus 8% of the value.
- Bahrain Special Rate: Footwear from Bahrain is subject to a tariff rate of 45 cents per pair plus 10% of the value.
- Chile Special Rate: Chilean importers of HS Code 64029126 footwear face a duty rate of 54 cents per pair plus 12% of the value.
- Morocco Special Rate: Footwear from Morocco is subject to a tariff rate of 39.9 cents per pair plus 8.8% of the value.
- Oman Special Rate: Importers from Oman face a duty rate of 72 cents per pair plus 16% of the value for footwear classified under HS Code 64029126.
- Peru Special Rate: Footwear from Peru is subject to a tariff rate of 12.9 cents per pair plus 2.8% of the value.
- Dominican Republic-Central American Special Rate (DR-CAFTA): This program grants preferential treatment to eligible countries in the Dominican Republic and Central America. Importers from these countries face a duty rate of 27 cents per pair plus 6% of the value.
- Singapore Special Rate: Importers from Singapore face a duty rate of 27 cents per pair plus 6% of the value for footwear classified under HS Code 64029126.
When it comes to importing HS Code 64029126 into the United States, data suggests that the states of Minnesota and Virginia have been involved in the importation of this footwear. However, further information regarding the exporting states is not available in the provided data.
HS Code 64029126 represents a specific type of footwear with outer soles and uppers made of rubber or plastics. It is not considered protective and falls within a specific value range. Importers and exporters dealing with this HS Code should be aware of the bound duty rate and the various tariff preference programs that may apply, depending on the country of origin and destination. Understanding these regulations can help businesses make informed decisions and take advantage of any available benefits.
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