The HS Code 05119920 refers to parings and similar waste of raw hides or skins, as well as glue stock nesi. This code is used to classify these specific products for import and export purposes. Understanding the HS code is important for international trade as it provides a standardized system to identify and categorize goods.
Parings and similar waste of raw hides or skins are remnants or leftovers from the production of leather. These include scraps, trimmings, and other waste materials that are generated during the process. Glue stock nesi refers to glue made from animal hides or skins that are not classified under any specific HS code.
The bound or most-favored-nation (MFN) duty rate for HS Code 05119920 is free. This means that countries must lower trade barriers or open up their markets for the same goods or services from all their trading partners. This promotes fair trade and equal treatment among countries.
The quantity unit for HS Code 05119920 is kilograms (KG). This unit of measurement is used to determine the weight of the imported or exported goods.
There are also special tariff preference programs available for products classified under HS Code 05119920. These programs provide additional benefits or exemptions from import duties for eligible countries. The following countries have special tariff rates for this HS code:
When importing HS Code 05119920 into the United States, the following states are known for exporting these goods:
It is important for importers and exporters to be aware of the HS code and any applicable tariff preference programs. This knowledge can help them navigate international trade regulations and take advantage of any benefits or exemptions available to them.