The HS Code 74072150 represents a specific product category in international trade, namely Copper-zinc base alloys (brass), low fuming brazing rods. This code is used to classify and identify this particular product for customs and trade purposes. Understanding and using HS codes is crucial for importers, exporters, and customs officials to ensure smooth and accurate international trade.
Importers and exporters must be aware of the HS code for their products to determine the applicable customs duties and tariffs, as well as to comply with regulatory requirements. The HS code 74072150 specifically refers to copper-zinc base alloys, commonly known as brass, in the form of low fuming brazing rods.
Low fuming brazing rods are widely used in various industries for joining or brazing metal components together. They are specifically designed to have low fuming characteristics, minimizing the release of harmful fumes during the brazing process. This makes them safer to use in confined spaces or poorly ventilated areas.
The bound or most-favored-nation (MFN) duty rate for the HS code 74072150 is 2.2%. The MFN duty rate is the standard rate applied to imports from all trading partners when a country lowers a trade barrier or opens up a market. It ensures equal treatment for the same goods or services from all trading partners.
The quantity unit for the HS code 74072150 is kilograms (KG). This unit of measurement is commonly used in international trade to quantify the volume or weight of goods being imported or exported.
In addition to the general duty rate, there are also special tariff preference programs available for imports of products classified under the HS code 74072150. These programs provide preferential treatment, including duty-free or reduced-duty access, to goods imported from specific countries or regions.
For the HS code 74072150, the following special tariff preference programs are applicable:
When it comes to the importation of products classified under the HS code 74072150, the United States has specific states that are major importers. These states include Minnesota, New Mexico, Oklahoma, Virgin Islands, Arizona, Connecticut, Florida, Georgia, Louisiana, and New Jersey. These states have a significant demand for copper-zinc base alloys, particularly low fuming brazing rods.
On the other hand, the major exporting states of products classified under the HS code 74072150 from the United States include New Mexico, Wyoming, Utah, Missouri, Hawaii, and New York. These states have a significant production capacity for copper-zinc base alloys and are able to meet the international demand for low fuming brazing rods.
the HS code 74072150 represents copper-zinc base alloys (brass), low fuming brazing rods. Understanding the HS code is crucial for importers, exporters, and customs officials to accurately classify and identify the product, determine applicable customs duties and tariffs, and comply with regulatory requirements. Additionally, the availability of special tariff preference programs and the specific import and export states provide further insights into the international trade dynamics of this product category.