Iron or steel, cotters and cotter pins fall under HS Code 73182400, which is used to classify this specific product for import and export purposes. In this article, we will explore the details of this HS code, including its product description, duty rates, quantity unit, and special tariff preference programs. We will also provide information about the importing and exporting states in the United States.
The HS Code 73182400 represents iron or steel cotters and cotter pins. Cotters and cotter pins are mechanical fasteners used to secure two components together temporarily. They are commonly used in various industries such as automotive, construction, and machinery.
When importing products classified under HS Code 73182400, a 3.8% bound or most-favored-nation (MFN) duty rate applies. The bound duty rate signifies the maximum duty rate that a country can impose on imports. It ensures that countries do not discriminate against their trading partners and treat all goods and services equally.
The quantity unit for HS Code 73182400 is kilograms (KG). This unit represents the weight of the imported or exported iron or steel cotters and cotter pins.
Several special tariff preference programs offer duty-free treatment for imports classified under HS Code 73182400. These programs aim to promote trade and economic cooperation between countries. The programs applicable to this HS code include:
Based on the available data, the state of Michigan in the United States appears to be the importing state for iron or steel cotters and cotter pins classified under HS Code 73182400. This suggests that there is a demand for these products in Michigan, possibly due to the presence of industries that utilize these mechanical fasteners.
The data provided does not specify the exporting states in the United States for iron or steel cotters and cotter pins. However, it is important to note that the United States is a major exporter of various iron and steel products, including fasteners. States such as Ohio, Pennsylvania, and Indiana are known for their manufacturing industries and could potentially be significant exporters of these products.
HS Code 73182400 represents iron or steel cotters and cotter pins. This article provided an in-depth overview of the HS code, including its product description, duty rates, quantity unit, special tariff preference programs, and information about importing and exporting states in the United States. Understanding HS codes and their associated products is crucial for international trade and ensuring compliance with customs regulations.