Slide fasteners, also known as zippers, are widely used in various industries and applications. They are essential components in clothing, bags, shoes, and other products that require a secure and convenient fastening mechanism. The HS Code 96072000 specifically refers to the parts of slide fasteners, which play a crucial role in the overall functionality and durability of these fastening devices.
The product description for HS Code 96072000 is "Parts of Slide Fasteners." This code encompasses all the necessary components that make up a slide fastener, including sliders, teeth, tapes, stops, and any other related parts. These parts are essential for the proper functioning and assembly of slide fasteners, ensuring smooth and reliable operation.
The bound or MFN (Most Favored Nation) duty rate for HS Code 96072000 is 11.5%. This rate applies whenever a country lowers a trade barrier or opens up a market. The principle of MFN requires that any trade benefits or concessions granted to one trading partner must be extended to all other trading partners as well. Therefore, when a country lowers the duty rate for parts of slide fasteners, it applies to imports from all its trading partners.
The quantity unit for HS Code 96072000 is not available (NA). This means that the specific unit of measurement for the quantity of parts of slide fasteners is not specified. It could be measured in pieces, sets, or any other applicable unit, depending on the context of the trade transaction.
Several special tariff preference programs exist for HS Code 96072000, providing certain countries with preferential duty rates. These programs aim to foster trade relations and promote economic development among participating nations. The following are some of the special tariff preference programs applicable to parts of slide fasteners:
HS Code 96072000 applies to both importing and exporting states within the United States. This means that the code is relevant for both the states that import parts of slide fasteners and the states that export them. The import and export activities contribute to the overall trade of these components, supporting various industries and businesses across different US states.
HS Code 96072000 encompasses the parts of slide fasteners, which are essential components used in various products. The code is associated with specific duty rates, special tariff preference programs, and applies to both importing and exporting US states. Understanding and complying with the regulations and requirements related to this HS Code is crucial for businesses involved in the trade of parts of slide fasteners.