HS Code 73201090: Iron or steel, leaf springs & leaves therefore, not suitable for motor vehicle suspension
Iron or steel, leaf springs and leaves are products that are not suitable for motor vehicle suspension. These products are classified under HS Code 73201090. The HS Code is an internationally recognized system for classifying traded goods. It is used by customs authorities to identify and categorize products for the purpose of collecting import duties and taxes.
The Bound / MFN duty rate for products classified under HS Code 73201090 is 3.2%. The MFN (Most Favored Nation) duty rate is the rate that applies to all trading partners of a country when they lower trade barriers or open up their markets. This means that any country importing or exporting iron or steel leaf springs and leaves will be subject to this duty rate.
The quantity unit for iron or steel leaf springs and leaves is kilograms (KG). This unit is used to measure the weight of the product being imported or exported.
There are several special tariff preference programs that offer duty-free treatment for products classified under HS Code 73201090. These programs include:
- Generalized System of Preferences (GSP): This program provides duty-free treatment for eligible products from various developing countries.
- Australia Special Rate: This program offers duty-free treatment for eligible products from Australia.
- Automotive Products Trade Act (APTA): This program provides duty-free treatment for eligible automotive products.
- Bahrain Special Rate: This program offers duty-free treatment for eligible products from Bahrain.
- NAFTA for Canada: This program provides duty-free treatment for eligible products from Canada under the North American Free Trade Agreement.
- Chile Special Rate: This program offers duty-free treatment for eligible products from Chile.
- Caribbean Basin Initiative (CBI): This program provides duty-free treatment for eligible products from designated Caribbean countries.
- Israel Special Rate: This program offers duty-free treatment for eligible products from Israel.
- Andean Trade Preference Act (ATPA): This program provides duty-free treatment for eligible products from designated Andean countries.
- Jordan Special Rate: This program offers duty-free treatment for eligible products from Jordan.
- Morocco Special Rate: This program provides duty-free treatment for eligible products from Morocco.
- NAFTA for Mexico: This program offers duty-free treatment for eligible products from Mexico under the North American Free Trade Agreement.
- Oman Special Rate: This program provides duty-free treatment for eligible products from Oman.
- Dominican Republic-Central American Special Rate (DR-CAFTA): This program offers duty-free treatment for eligible products from designated Central American countries and the Dominican Republic.
- Peru Special Rate: This program provides duty-free treatment for eligible products from Peru.
- Singapore Special Rate: This program offers duty-free treatment for eligible products from Singapore.
Iron or steel leaf springs and leaves classified under HS Code 73201090 are imported by various states in the United States. Some of the importing US states include Michigan, Michigan, Michigan, Michigan, and Michigan. These states have a demand for these products, possibly for use in industries such as manufacturing, construction, or agriculture.
HS Code 73201090 covers iron or steel leaf springs and leaves that are not suitable for motor vehicle suspension. The products are subject to a 3.2% Bound / MFN duty rate and are measured in kilograms (KG). There are also various special tariff preference programs that offer duty-free treatment for these products. Importing US states like Michigan have a demand for iron or steel leaf springs and leaves. Understanding the HS Code and its associated information is important for businesses and individuals involved in international trade.
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