Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 75062010: Nickel Alloy Plates, Sheets, and Strip, Cold Formed

The HS Code 75062010 refers to nickel alloy plates, sheets, and strip that are cold formed. These products are used in various industries such as aerospace, automotive, electronics, and construction. In this article, we will explore the details of this HS code, including its product description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting US states.

Product Description

The HS Code 75062010 specifically covers nickel alloy plates, sheets, and strip that have undergone cold forming. Cold forming is a process in which the metal is shaped or formed at room temperature, without the use of heat. This method allows for precise shaping and improved mechanical properties of the final product.

Duty Rates

The bound or most-favored-nation (MFN) duty rate for HS Code 75062010 is 3%. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. The 3% duty rate is applicable regardless of the country of origin.

Quantity Unit

The quantity unit for HS Code 75062010 is kilograms (KG). This means that the weight of the nickel alloy plates, sheets, and strip is measured and recorded in kilograms.

Special Tariff Preference Programs

There are several special tariff preference programs that offer duty-free treatment for products classified under HS Code 75062010. These programs include:

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

Importing and Exporting US States

When it comes to importing nickel alloy plates, sheets, and strip classified under HS Code 75062010, the following US states play a significant role:

• Maryland
• West Virginia

On the other hand, the following US states are major exporters of these products:

• North Carolina
• Pennsylvania
• West Virginia

These states have established supply chains and manufacturing capabilities to support the production and export of nickel alloy plates, sheets, and strip.

HS Code 75062010 covers nickel alloy plates, sheets, and strip that are cold formed. These products have various applications in industries such as aerospace, automotive, electronics, and construction. Understanding the details of this HS code, including duty rates, quantity unit, special tariff preference programs, and the involvement of specific US states, is essential for businesses and individuals involved in international trade.