The HS Code 96019040 refers to coral that has been cut, but not set, and cameos that are suitable for use in jewelry. This code is used to classify these specific products for international trade purposes.
When importing or exporting coral and cameos under this HS code, it is important to understand the applicable duty rates and any special tariff preference programs that may apply.
The bound or most-favored-nation (MFN) duty rate for products classified under HS code 96019040 is 2.1%. 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.
The quantity unit for coral and cameos classified under HS code 96019040 is reported as "no units collected (X)." This indicates that there is no specific unit of measurement used to determine the quantity of these products.
There are several special tariff preference programs that offer duty-free treatment for coral and cameos imported under HS code 96019040. These programs include:
These special tariff preference programs allow for reduced or eliminated duty rates on imports of coral and cameos from certain countries or regions.
When importing products classified under HS code 96019040 into the United States, it is important to be aware of any specific regulations or requirements imposed by individual states. Similarly, when exporting these products from the US, it is important to understand the regulations and requirements of the destination country or region.
By understanding the HS code 96019040 and its associated information, importers and exporters of coral and cameos can navigate the international trade landscape more effectively and ensure compliance with relevant customs regulations and duty rates.