Optical direction finding compasses fall under the HS code 90141010. This code classifies these compasses for trade and customs purposes. In this article, we will explore more about these compasses, their uses, and the relevant trade information associated with them.
An optical direction finding compass is a device used for determining the direction of a magnetic field. It is commonly used in navigation, surveying, and outdoor activities. These compasses utilize optical instruments, such as prisms or lenses, to provide accurate directional readings.
The bound / MFN (Most Favored Nation) duty rate for optical direction finding compasses is 4%. 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. This rate ensures fair trade practices and equal treatment for all trading partners.
The quantity unit for optical direction finding compasses is measured in numbers (NO). This unit signifies the number of compasses being imported or exported.
Optical direction finding compasses enjoy special tariff preference programs in several countries. Some of these programs include:
These special tariff preference programs allow for reduced or duty-free treatment for optical direction finding compasses when trading with the respective countries.
When it comes to importing optical direction finding compasses into the United States, the data does not provide specific information about the exporting states. However, it is important to note that New Hampshire appears multiple times as a placeholder in the data. This could suggest that New Hampshire might be one of the states involved in importing these compasses.
Optical direction finding compasses, classified under the HS code 90141010, play a crucial role in navigation and outdoor activities. Understanding the trade information associated with these compasses, such as the bound duty rate and special tariff preference programs, is essential for importers and exporters. By utilizing the correct HS code and staying informed about trade regulations, businesses can ensure smooth and compliant international trade of optical direction finding compasses.