HS Code 74112110: Copper-zinc base alloys (brass), tubes and pipes, seamless
When it comes to international trade, it is essential to have a standardized system that classifies products to facilitate the movement of goods across borders. One such classification system is the Harmonized System (HS) code, which is used by countries worldwide to categorize and identify products for customs and trade purposes.
HS Code 74112110 specifically refers to copper-zinc base alloys, commonly known as brass, in the form of tubes and pipes that are seamless. This code helps customs officials and traders identify and classify these products accurately, ensuring smooth international trade.
The HS code is an important tool for governments and businesses as it provides a common language for trade negotiations, tariff calculations, and statistical analysis. It allows countries to apply consistent customs duties and measures to products, ensuring fair and transparent trade practices.
Bound / MFN duty rate:
- The bound / MFN (Most Favored Nation) duty rate for HS Code 74112110 is 1.4%. This means that whenever a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners. This rate ensures non-discriminatory treatment for all countries.
Quantity unit:
- The quantity unit for HS Code 74112110 is kilograms (KG). This unit is used to measure the weight of the copper-zinc base alloy tubes and pipes being imported or exported.
Special tariff preference programs:
- HS Code 74112110 is eligible for various special tariff preference programs, which provide preferential treatment or duty-free access to certain countries. The programs applicable to this HS code include:
- Free: Generalized System of Preferences (GSP) - This program grants duty-free treatment to eligible products from beneficiary countries.
- Australia Special Rate
- Bahrain Special Rate
- NAFTA (North American Free Trade Agreement) for Canada - This agreement provides duty-free treatment for eligible goods traded between Canada, the United States, and Mexico.
- Chile Special Rate
- Caribbean Basin Initiative (CBI) - This program promotes economic development in the Caribbean region by granting duty-free access to eligible products.
- Israel Special Rate - This program provides duty-free treatment to eligible products from Israel.
- Andean Trade Preference Act (ATPA) - This program grants duty-free access to eligible products from the Andean region.
- Jordan Special Rate
- Morocco Special Rate
- NAFTA for Mexico
- Oman Special Rate
- Dominican Republic-Central American Special Rate (DR-CAFTA) - This agreement provides duty-free treatment for eligible goods traded between the United States, the Dominican Republic, and Central American countries.
- Peru Special Rate
- Singapore Special Rate
Importing US states and Exporting US states:
For HS Code 74112110, the importing US states and exporting US states can vary depending on the trade activities and demand for copper-zinc base alloy tubes and pipes. It is crucial for traders and businesses to identify the specific states involved in importing and exporting these products to ensure compliance with regulations and understand market dynamics.
HS Code 74112110 plays a vital role in the international trade of copper-zinc base alloy tubes and pipes. It provides a standardized classification system, facilitates tariff calculations, and enables the application of special tariff preference programs. Understanding the HS code and its associated information is essential for businesses engaged in global trade to ensure smooth and compliant cross-border transactions.
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