When it comes to international trade, it is essential to have a clear understanding of the Harmonized System (HS) codes. These codes are used to classify and categorize products for customs and regulatory purposes. In this article, we will explore HS Code 39264000, which pertains to statuettes and other ornamental articles made of plastics.
HS Code 39264000 specifically covers statuettes and other ornamental articles made of plastics. These items are typically used for decorative purposes and can be made from various types of plastic materials. This code helps customs authorities and traders identify and classify these specific products during import and export processes.
The bound / Most Favored Nation (MFN) duty rate for HS Code 39264000 is 5.3%. The MFN principle states 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. This duty rate applies to all countries unless a specific tariff preference program is applicable.
The quantity unit for HS Code 39264000 is "no units collected (X)." This means that the unit of measurement for this product is not specified or relevant for customs purposes. It is important to note that the quantity unit may vary for different HS codes.
Several special tariff preference programs are available for products classified under HS Code 39264000. These programs provide certain countries with preferential treatment, including duty-free access to the respective markets. The following countries enjoy special rates or duty-free treatment:
These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating import duties on specific goods or services.
Although the data provided does not specify the exporting US states, it indicates that HS Code 39264000 has been imported into New Mexico multiple times. Importers in New Mexico have engaged in trade activities involving statuettes and other ornamental articles made of plastics.
HS Code 39264000 plays a crucial role in classifying and regulating the import and export of statuettes and other ornamental articles made of plastics. Understanding the specific code, duty rates, and applicable tariff preference programs is essential for businesses engaged in international trade.