When it comes to international trade, every product is assigned a specific code called the Harmonized System (HS) code. This code helps in classifying goods for customs and statistical purposes. In this article, we will explore the HS code 83051000, which is associated with base metal fittings for loose-leaf binders or files.
The product description of HS code 83051000 refers to fittings made of base metals that are specifically designed for loose-leaf binders or files. These fittings play a crucial role in ensuring that binders or files are properly organized and can be easily opened and closed.
Now, let's dive deeper into the details related to HS code 83051000:
The bound / most-favored-nation (MFN) duty rate for HS code 83051000 is 2.9%. This means that whenever 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 2.9% duty rate applies to the import of base metal fittings for loose-leaf binders or files.
The quantity unit for HS code 83051000 is kilograms (KG). This unit is used to measure the weight of the imported or exported base metal fittings.
HS code 83051000 is eligible for various special tariff preference programs. These programs aim to promote trade between countries and provide certain benefits to importers or exporters. The following countries or regions offer special tariff rates for base metal fittings for loose-leaf binders or files:
These special tariff preference programs allow importers or exporters from the listed countries or regions to benefit from reduced or duty-free rates when trading base metal fittings for loose-leaf binders or files.
While the data provided does not specify the exporting US states, it does mention the importing US states. HS code 83051000 is imported by the states of Kansas and South Dakota. These states are involved in the importation of base metal fittings for loose-leaf binders or files.
HS code 83051000 represents base metal fittings used for loose-leaf binders or files. The code comes with a 2.9% bound / MFN duty rate and is measured in kilograms (KG). It is eligible for various special tariff preference programs, allowing importers or exporters to benefit from reduced or duty-free rates. In the United States, the states of Kansas and South Dakota are involved in the importation of these fittings. Understanding the HS code and its associated details is essential for international trade and customs clearance processes.