The HS Code 90071980 refers to cinematographic cameras designed specifically for film of 16 mm or greater in width. These cameras are not gyrostabilized and are used in the film industry for capturing high-quality footage.
When it comes to international trade, the HS code plays a crucial role in classifying products for customs and trade purposes. It is a standardized system used globally to ensure uniformity in the classification of goods. The HS code is an abbreviation for Harmonized System code, which is a six-digit code assigned to each product category.
The HS Code 90071980 falls under the category of photographic or cinematographic cameras and is used to identify and track the import and export of these specific types of cameras.
The product description for HS Code 90071980 is as follows: Cinematographic cameras, for film of 16 mm or greater in width (other than for double-8 mm film), not gyrostabilized. This description provides important details about the specific features and characteristics of the cameras classified under this HS code.
The bound or most-favored-nation (MFN) duty rate for HS Code 90071980 is free. This means that when 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. Therefore, there are no additional duties or tariffs imposed on the import or export of cinematographic cameras falling under this HS code.
The quantity unit for HS Code 90071980 is number (NO), which indicates that the cameras are measured and traded based on the number of units rather than weight or volume. This unit of measurement is commonly used for products that are counted individually.
Under various special tariff preference programs, the import of cinematographic cameras classified under HS Code 90071980 may be eligible for duty-free treatment. The following countries and regions offer special rates or exemptions:
These special tariff preference programs aim to promote trade and economic cooperation between countries by providing favorable conditions for the import and export of specific goods, such as cinematographic cameras, under certain conditions.
As HS Code 90071980 refers to the import and export of cinematographic cameras, it is relevant to consider the importing and exporting US states for these products. The specific states involved in the import and export of these cameras may vary depending on market demand and production capabilities.
Common importing US states for cinematographic cameras include California, New York, Florida, and Texas, which are major hubs for the film and entertainment industry. These states have a high demand for professional cinematographic equipment, including cameras classified under HS Code 90071980.
On the other hand, exporting US states for cinematographic cameras may include states with renowned camera manufacturers, such as California, New York, and Massachusetts. These states are known for their production of high-quality cinematographic equipment that is exported to various countries around the world.
HS Code 90071980 is used to classify cinematographic cameras designed for film of 16 mm or greater in width. These cameras are not gyrostabilized and are essential tools in the film industry. Understanding the HS code and its associated details, such as the product description, duty rates, and special tariff preference programs, is crucial for businesses involved in the import and export of cinematographic cameras.