Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 74122000: Copper Alloys, Fittings for Tubes and Pipes

The HS Code 74122000 refers to copper alloys used for fittings in tubes and pipes. This code is used in international trade to classify and categorize specific products for import and export purposes. Understanding the HS Code is important for businesses involved in international trade as it helps in determining the applicable duties, tariffs, and regulations.

Product Description

The product description for HS Code 74122000 is copper alloys specifically designed for use in fittings for tubes and pipes. Copper alloys are widely used in various industries due to their excellent thermal and electrical conductivity, corrosion resistance, and durability. These alloys are commonly used in plumbing, heating, ventilation, air conditioning, and refrigeration systems.

Bound / MFN Duty Rate

The bound / MFN (Most Favored Nation) duty rate for HS Code 74122000 is 3%. The MFN principle states that every time 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 duty rate applies to all countries unless the product qualifies for special tariff preference programs.

Quantity Unit

The quantity unit for HS Code 74122000 is kilograms (KG). This unit of measurement is used to determine the weight of the copper alloys being imported or exported.

Special Tariff Preference Programs

HS Code 74122000 is eligible for various special tariff preference programs that provide duty-free treatment for specific countries. These programs include:

• Generalized System of Preferences (GSP) - Provides duty-free treatment for eligible countries.
• Australia Special Rate - Duty-free treatment under the Automotive Products Trade Act (APTA).
• Bahrain Special Rate - Duty-free treatment.
• NAFTA for Canada - Duty-free treatment under the North American Free Trade Agreement.
• Chile Special Rate - Duty-free treatment.
• Caribbean Basin Initiative (CBI) - Duty-free treatment for eligible countries.
• Israel Special Rate - Duty-free treatment.
• Andean Trade Preference Act (ATPA) - Duty-free treatment.
• Jordan Special Rate - Duty-free treatment.
• Morocco Special Rate - Duty-free treatment.
• NAFTA for Mexico - Duty-free treatment under the North American Free Trade Agreement.
• Oman Special Rate - Duty-free treatment.
• Dominican Republic-Central American Special Rate (DR-CAFTA) - Duty-free treatment.
• Peru Special Rate - Duty-free treatment.
• Singapore Special Rate - Duty-free treatment.

Importing US States and Exporting US States

The HS Code 74122000 is used for import and export of copper alloys, fittings for tubes, and pipes in the United States. The importing US states may include states like California, Texas, New York, Florida, and Illinois, which are major centers for international trade. Similarly, the exporting US states may vary depending on the location of manufacturers and suppliers of copper alloys.

Understanding the HS Code 74122000 and its related information is crucial for businesses involved in the import and export of copper alloys, fittings for tubes, and pipes. Compliance with applicable duties, tariffs, and special tariff preference programs can help businesses optimize their international trade operations and ensure smooth transactions with trading partners.