The HS Code 85232910 refers to unrecorded magnetic media. This code is used to classify and identify products in international trade. It is part of the Harmonized System, a global standard for classifying goods based on their nature, composition, and intended use. HS codes are used by customs authorities to determine the applicable duties, taxes, and regulations for imported and exported products.
Unrecorded magnetic media are magnetic storage devices that have not been pre-recorded with any data or content. These include blank audio and video tapes, blank CDs and DVDs, and other similar storage media. They are widely used for recording and storing various forms of digital information, such as music, movies, documents, and software.
When it comes to trade barriers and market access, the Bound / MFN (Most Favored Nation) duty rate for HS Code 85232910 is free. 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. This promotes fair and non-discriminatory trade practices.
The quantity unit for HS Code 85232910 is number (NO), indicating that the quantity of unrecorded magnetic media is measured in individual units.
There are also special tariff preference programs that apply to HS Code 85232910. The following countries have granted special rates or duty-free treatment for this product:
These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating import duties on specific products.
HS Code 85232910 is imported by various US states, including Kansas, South Carolina, Virginia, Alabama, California, Illinois, Utah, Colorado, Mississippi, Nebraska, Washington, Alaska, Idaho, Kentucky, Massachusetts, New Mexico, Oklahoma, and Wisconsin.
On the other hand, the exporting US states for HS Code 85232910 are Kansas, District of Columbia, Massachusetts, New Mexico, Idaho, and Oklahoma.
Overall, HS Code 85232910 plays an important role in facilitating international trade of unrecorded magnetic media. It ensures proper classification, regulation, and duty determination for these products, while special tariff preference programs provide opportunities for duty-free or preferential treatment in certain countries.