Objective lenses and their parts are essential components used in cameras, projectors, and photographic enlargers. They play a crucial role in capturing and projecting images with precision and clarity. HS Code 90021190 specifically categorizes these lenses and their accessories, excluding projection lenses not elsewhere specified.
When it comes to international trade, countries often implement trade barriers or open up their markets. The Harmonized System (HS) assigns HS codes to products to facilitate trade and ensure uniformity. The HS code 90021190 helps customs authorities and traders identify and classify objective lenses and their parts for efficient import and export processes.
The product description for HS code 90021190 includes objective lenses and parts and accessories thereof. These components are specifically designed for use in cameras, projectors, and photographic enlargers. Objective lenses are responsible for gathering light and focusing it onto an image sensor or film, resulting in clear and sharp images. They are often made with high-quality glass or plastic elements to minimize distortions and aberrations.
The parts and accessories associated with objective lenses include lens caps, lens hoods, lens filters, lens adapters, and lens cleaning kits. These additional components enhance the functionality and usability of objective lenses, providing photographers and cinematographers with more creative control and versatility.
The bound / MFN (Most Favored Nation) duty rate for HS code 90021190 is 2.3%. This rate applies whenever a country lowers a trade barrier or opens up its market. It ensures that the same duty rate is applied to all trading partners for the same goods or services. The purpose of this practice is to promote fair and non-discriminatory trade among nations.
By maintaining a consistent duty rate, countries can create a level playing field for international trade. This encourages businesses to engage in cross-border transactions without facing unfair advantages or disadvantages based on their trading partners.
HS code 90021190 is eligible for various special tariff preference programs. These programs provide specific benefits and preferences to certain countries or regions, promoting trade and economic cooperation. The following special tariff preference programs apply to objective lenses and their parts:
These special tariff preference programs aim to facilitate trade, strengthen diplomatic relations, and stimulate economic growth between the participating countries and regions.
Based on the available data, the following US states have recorded imports and exports related to HS code 90021190:
These states have imported objective lenses and their parts for use in cameras, projectors, or photographic enlargers. The data suggests that these states have a demand for such products, potentially due to their photography or audiovisual industries.
On the other hand, New Hampshire and Vermont are the identified exporting states for objective lenses and their parts. These states likely have manufacturers or distributors specializing in the production and supply of such components.
HS code 90021190 classifies objective lenses and their associated parts and accessories used in cameras, projectors, and photographic enlargers. Understanding the HS code, duty rates, and special tariff preference programs can help businesses navigate international trade more efficiently. Additionally, analyzing import and export data provides insights into the demand and supply dynamics of these products across different US states.