HS Code 96170040: Vacuum Flasks and Vessels, Complete with Cases, with Capacity Over 2 Liters
Vacuum flasks and vessels play an essential role in our daily lives, allowing us to keep our beverages hot or cold for extended periods. These innovative products have become indispensable for outdoor activities, travel, and even in our homes. In this article, we will explore the HS Code 96170040, which refers to vacuum flasks and vessels complete with cases, with a capacity of over 2 liters.
The HS Code System, also known as the Harmonized System, is an international standard used for classifying traded products. It provides a unique code for each product, facilitating international trade by ensuring consistent identification and classification across different countries.
HS Code 96170040 specifically categorizes vacuum flasks and vessels complete with cases, with a capacity of over 2 liters. This code helps customs officials and traders accurately identify and classify these products during import and export processes.
When importing products under HS Code 96170040 into the United States, several states have been major destinations. The District of Columbia, New York, Delaware, Florida, and Missouri are among the top importing states. This data highlights the popularity and demand for vacuum flasks and vessels with large capacities in these regions.
On the other hand, New York, the District of Columbia, Wyoming, Florida, Hawaii, and Wyoming are the main exporting states for vacuum flasks and vessels under this HS Code. These states have actively participated in the global trade of these products, showcasing their ability to meet international demand.
Understanding the tariff rates associated with HS Code 96170040 is crucial for importers and exporters. The bound or Most Favored Nation (MFN) duty rate for this code is 6.9%. The MFN principle ensures that when 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. This rate provides predictability and fairness in international trade.
Additionally, several special tariff preference programs offer duty-free treatment for vacuum flasks and vessels under HS Code 96170040. These programs include the Generalized System of Preferences (GSP), Australia Special Rate, Bahrain Special Rate, NAFTA for Canada, Chile Special Rate, Caribbean Basin Initiative (CBI), Israel Special Rate, Andean Trade Preference Act (ATPA), Jordan Special Rate, Morocco Special Rate, NAFTA for Mexico, Oman Special Rate, Dominican Republic-Central American Special Rate (DR-CAFTA), and Peru Special Rate. These programs aim to promote economic development and encourage trade between specific countries or regions.
HS Code 96170040 represents vacuum flasks and vessels complete with cases, with a capacity of over 2 liters. This code plays a vital role in accurately classifying and identifying these products during international trade. Importers and exporters should be aware of the associated tariff rates and take advantage of special tariff preference programs to enhance their competitiveness in the global market. Whether you're an outdoor enthusiast, a frequent traveler, or simply someone who enjoys a hot cup of coffee, vacuum flasks and vessels have become an essential companion, and HS Code 96170040 helps ensure their seamless flow in international trade.
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