The HS Code 40103360 refers to a specific type of transmission V-belt made of vulcanized rubber. These V-belts are V-ribbed and have a circumference that exceeds 180 cm but does not exceed 240 cm. It's important to note that these V-belts are specifically classified as not combined with any textile material.
The Bound / MFN duty rate for HS Code 40103360 is 2.8%. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. This duty rate is applicable to the import of transmission V-belts of this specific type.
The quantity unit for HS Code 40103360 is kilograms (KG). This means that the measurement and pricing for these transmission V-belts are based on weight in kilograms.
There are several special tariff preference programs that apply to HS Code 40103360. These programs provide certain countries with preferential treatment and duty-free access to import these V-belts. The countries included in these programs are:
According to the available data, the state of New Hampshire is importing HS Code 40103360. This means that businesses or individuals in New Hampshire are bringing in these transmission V-belts made of vulcanized rubber for their own use or for commercial purposes.
There is no specific information available regarding which states in the US are exporting HS Code 40103360. However, based on the data provided, it can be inferred that the state of Arkansas and North Dakota are exporting these transmission V-belts. North Dakota seems to be the primary exporting state based on the repetition of its name.
Overall, HS Code 40103360 represents a specific type of transmission V-belt made of vulcanized rubber. Businesses and individuals involved in international trade should be aware of the duty rates, quantity units, and special tariff preference programs associated with this HS code to facilitate their import or export activities.