Umbrellas are essential accessories that protect us from the rain and harsh sun. They come in various styles and designs, serving different purposes. One particular type of umbrella is classified under HS Code 66019100, which refers to umbrellas with telescopic shafts.
The product description specifies that this HS code applies to umbrellas that are not intended for garden use or similar purposes. These umbrellas are equipped with a telescopic shaft, allowing them to be easily folded and carried around.
When it comes to international trade, the HS code plays a crucial role in identifying and classifying products. It helps customs authorities track and regulate the movement of goods across borders. In the case of HS Code 66019100, it ensures that umbrellas with telescopic shafts are properly categorized for import and export purposes.
The Bound / MFN duty rate for products under this HS code is free. This means that whenever a country lowers a trade barrier or opens up its market, it must do so for the same goods or services from all its trading partners. This promotes fairness and equal treatment among nations.
The quantity unit for umbrellas with telescopic shafts is measured in dozens (DOZ). This unit of measurement simplifies the calculation and tracking of quantities during trade transactions.
There are also special tariff preference programs applicable to products classified under HS Code 66019100. These programs provide certain countries with preferential treatment, allowing them to import these umbrellas at a reduced or duty-free rate. The countries eligible for these programs include:
These special tariff preference programs aim to promote trade and provide economic benefits to participating countries. They encourage the development of strong trade relationships and support international cooperation.
When importing umbrellas with telescopic shafts into the United States, it is essential to consider the specific regulations and requirements of both the importing and exporting states. While the HS code provides a standardized classification, individual states may have additional rules and restrictions regarding the importation of certain products.
For example, Vermont is a state that frequently imports umbrellas with telescopic shafts. Its residents rely on these portable and convenient umbrellas to stay protected from the elements. Vermont's import regulations ensure that these products meet safety standards and adhere to any specific labeling or packaging requirements.
By understanding the HS Code 66019100 and its associated details, importers and exporters can navigate the international trade landscape more effectively. It facilitates transparent and streamlined trade processes while ensuring fair treatment for all parties involved. Whether you're a consumer looking to purchase an umbrella or a business engaged in international trade, the HS code has a significant impact on the products you encounter.