HS Code 82032080 refers to base metal parts used in the manufacturing of pliers, cutting pliers, pincers, tweezers, and similar tools. These parts are essential for the functionality and construction of these handheld tools.
When importing or exporting these base metal parts, it is important to understand the various trade regulations and tariff preferences associated with this HS code. Let's explore these in detail:
The HS code 82032080 covers base metal parts used in the production of pliers, cutting pliers, pincers, tweezers, and similar tools. These parts are usually made from materials such as steel, iron, or alloys, and they play a crucial role in the overall performance and durability of the finished tools.
The bound or most-favored-nation (MFN) duty rate for HS code 82032080 is 4.5%. This means 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. The 4.5% duty rate is applicable to the import or export of these base metal parts.
No specific quantity unit is collected for HS code 82032080. The quantity is denoted as "no units collected (X)," indicating that the customs authorities do not measure the quantity of these parts based on a specific unit of measurement.
Several special tariff preference programs apply to the import or export of base metal parts falling under HS code 82032080. These programs provide certain countries with preferential treatment, reducing or eliminating the duty rates. The following special tariff preference programs are applicable:
The import and export of base metal parts falling under HS code 82032080 are not limited to specific states within the United States. These parts can be imported from or exported to any state within the country, depending on the manufacturing or trading requirements.
It is essential for importers and exporters to stay updated with the latest trade regulations, tariff preferences, and special programs associated with HS code 82032080. This knowledge will help them make informed decisions and optimize their trading activities involving base metal parts used in pliers, cutting pliers, pincers, tweezers, and similar tools.