When it comes to international trade, it's essential to have a standardized system for categorizing products. The Harmonized System (HS) Code is a globally recognized classification system that helps identify different types of goods. In this article, we will explore the HS Code 96089960, which covers duplicating stylos, pen-holders, pencil-holders, and similar holders, as well as parts of pens and mechanical pencils of 9608 not elsewhere specified.
The HS Code 96089960 specifically refers to a range of products, including duplicating stylos, pen-holders, pencil-holders, and similar holders. These items are used for various purposes, such as writing, drawing, or holding writing instruments. Additionally, the code includes parts of pens and mechanical pencils that are not classified elsewhere under HS Code 9608.
When importing or exporting goods, duties and tariffs are often applied to regulate trade and protect domestic industries. The bound or most-favored-nation (MFN) duty rate for HS Code 96089960 is free. This means that countries must lower trade barriers or open up their markets equally for the same goods or services from all their trading partners.
The quantity unit for HS Code 96089960 is "no units collected (X)." This indicates that the code does not specify a particular unit of measurement for the products covered. The absence of a specific quantity unit suggests that the classification is based on the nature and function of the items rather than their quantity or weight.
Several countries and trade agreements offer special tariff preferences for products classified under HS Code 96089960. These preferences may include reduced or duty-free treatment, providing advantages to exporters and importers. Here are some notable special tariff preference programs for this HS Code:
The HS Code 96089960 is relevant for both importing and exporting goods. Importing countries must use this code to properly classify and assess duties on products entering their markets. Exporting countries, on the other hand, must ensure that their products are correctly labeled with the appropriate HS Code to facilitate smooth customs clearance and trade operations.
It's important for businesses engaged in international trade to familiarize themselves with the HS Code system and its specific codes, such as HS Code 96089960. Understanding the classification of goods is crucial for compliance with customs regulations and for taking advantage of any applicable special tariff preferences.
the HS Code 96089960 covers a wide range of products, including duplicating stylos, pen-holders, pencil-holders, and similar holders, as well as parts of pens and mechanical pencils. It is important for importers and exporters to be aware of the duty rates, special tariff preference programs, and the correct use of this HS Code to ensure smooth trade operations and compliance with customs regulations.