Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 73181550: Iron or steel, threaded studs

The HS Code 73181550 refers to a specific product category: Iron or steel threaded studs. This code is used to classify and identify this particular type of product for import and export purposes. It is important to understand the HS code system as it helps in international trade by providing a standardized classification for different products.

Iron or steel threaded studs are commonly used in various industries such as construction, automotive, and manufacturing. They are threaded rods or bars made of iron or steel that have threads on both ends, allowing them to be easily screwed into various materials for fastening purposes.

When importing or exporting this product, it is crucial to be aware of the applicable duty rates and any special tariff preference programs that may apply. The bound or MFN (Most Favored Nation) duty rate for this HS code is free. This means that there are no import duties imposed on this product, ensuring smooth trade between countries.

However, certain countries have specific tariff preference programs in place that offer additional benefits or preferential treatment for certain imports. For the HS Code 73181550, the following special tariff preference programs apply:

• Free: Imports from least-developed beneficiary developing countries eligible for GSP (Generalized System of Preferences) under that subheading receive duty-free treatment.
• Australia Special Rate: Automotive Products Trade Act (APTA) grants duty-free treatment for imports from Australia.
• Bahrain Special Rate: Duty-free treatment for imports from Bahrain.
• NAFTA for Canada: Under the North American Free Trade Agreement (NAFTA), imports from Canada receive duty-free treatment.
• Chile Special Rate: Duty-free treatment for imports from Chile.
• Africa Growth and Opportunity Act (AGOA): Imports from eligible African countries receive duty-free treatment under this program.
• Caribbean Basin Initiative (CBI): Duty-free treatment for imports from eligible Caribbean countries.
• Israel Special Rate: Duty-free treatment for imports from Israel.
• Andean Trade Preference Act (ATPA): Imports from eligible Andean countries receive duty-free treatment.
• Jordan Special Rate: Duty-free treatment for imports from Jordan.
• NAFTA for Mexico: Under NAFTA, imports from Mexico receive duty-free treatment.
• Oman Special Rate: Duty-free treatment for imports from Oman.
• Dominican Republic-Central American Special Rate (DR-CAFTA): Duty-free treatment for imports from eligible countries in the DR-CAFTA region.
• Peru Special Rate: Duty-free treatment for imports from Peru.
• Singapore Special Rate: Duty rate of 3.8% applies for imports from Singapore.
• Morocco Special Rate: Duty rate of 3.8% applies for imports from Morocco.

These special tariff preference programs aim to promote trade and economic cooperation between countries by providing incentives for certain imports. Importers or exporters dealing with this HS code should take advantage of these programs if their products are eligible.

The quantity unit for this HS code is kilograms (KG). This unit of measurement is used to determine the weight of the imported or exported goods. It is important to accurately declare the quantity unit to ensure compliance with customs regulations.

When it comes to the importing and exporting of iron or steel threaded studs, certain states in the United States play a significant role. In the case of HS Code 73181550, Michigan is listed as the exporting state. This indicates that Michigan is a major producer or supplier of this product, exporting it to other states or countries.

the HS Code 73181550 represents iron or steel threaded studs. This code is used to classify and identify this specific product for import and export purposes. Understanding the applicable duty rates and special tariff preference programs is essential for importers and exporters to ensure smooth and cost-effective international trade.