The HS Code 73199010 refers to iron or steel sewing, darning, or embroidery needles. This code is used to classify and categorize these specific types of needles for international trade purposes. Understanding the HS code for a particular product is crucial for importers, exporters, and customs officials as it helps in determining the appropriate tariffs, duties, and regulations associated with the product.
Iron or steel sewing, darning, or embroidery needles are essential tools used in various industries, including textile and fashion. These needles are designed for different sewing techniques, such as hand sewing, darning, or embroidery work. They are made from high-quality iron or steel materials to ensure durability and precision in needlework.
When importing or exporting iron or steel sewing, darning, or embroidery needles, it is important to be aware of the associated duties and tariff rates. The MFN (Most Favored Nation) duty rate for this product is free. This means that countries are not required to pay any duty when trading these needles. It is a favorable condition for international trade as it promotes fair competition and equal treatment for all trading partners.
Furthermore, there are special tariff preference programs available for iron or steel sewing, darning, or embroidery needles. Some of these programs include:
It is important for importers and exporters to be aware of these special tariff preference programs to take advantage of the cost-saving opportunities they provide. By utilizing these programs, businesses can reduce their expenses and enhance their competitiveness in the global market.
The quantity unit for iron or steel sewing, darning, or embroidery needles is measured in thousand units (THS). This unit helps in accurately measuring and documenting the quantity of needles being imported or exported.
Based on the available data, it appears that the state of Michigan is involved in both importing and exporting iron or steel sewing, darning, or embroidery needles. Michigan's participation in the trade of these needles highlights the state's active role in the textile and fashion industry.
the HS Code 73199010 represents iron or steel sewing, darning, or embroidery needles. Understanding this code is crucial for international trade involving these specific types of needles. Importers and exporters should be aware of the associated duties, tariff rates, and special tariff preference programs to optimize their trading activities and minimize costs.