Pneumatic tires play a crucial role in various industries, especially in the construction and industrial handling sectors. These tires are designed to provide optimal performance and durability under heavy loads and demanding working conditions. In this article, we will explore the HS Code 40119380, which specifically refers to new pneumatic tires (nonradial) made of rubber, with a rim size not exceeding 61 cm, and not elsewhere specified or included (nesoi).
The Harmonized System (HS) Code is an internationally recognized system used to classify and define products for customs and trade purposes. Each HS Code corresponds to a specific product, providing a standardized way of identifying and categorizing goods traded between countries. The HS Code 40119380 specifically refers to new pneumatic tires for construction or industrial handling vehicles and machines.
The product description for HS Code 40119380 is as follows: new pneumatic tires (nonradial), made of rubber, designed for construction or industrial handling vehicles and machines. These tires are suitable for use in various applications, including forklifts, loaders, excavators, and other heavy-duty equipment.
The rim size of these tires should not exceed 61 cm, ensuring compatibility with a wide range of vehicles and machinery. The nonradial design of the tires offers enhanced stability and load-bearing capabilities, making them ideal for heavy-duty operations.
The bound / MFN duty rate for HS Code 40119380 is 3.4%. The MFN (Most Favored Nation) duty rate is the standard rate applied to imports unless a specific trade agreement or tariff preference program applies. The 3.4% duty rate applies to all countries unless otherwise specified through trade agreements.
It is important to note that the duty rate may vary depending on the country of import. Additionally, countries may have specific trade agreements or tariff preference programs that can alter or eliminate the duty rate for certain products.
HS Code 40119380 is eligible for various special tariff preference programs, which provide preferential treatment in terms of duty rates for specific countries. The following tariff preference programs apply to this HS Code:
HS Code 40119380 is imported into the following US states:
These states import new pneumatic tires for construction or industrial handling vehicles and machines under HS Code 40119380. The importation of these tires contributes to the growth and development of various industries in these states, supporting construction projects and industrial operations.
HS Code 40119380 is primarily exported from the state of South Carolina. This indicates that South Carolina is a major manufacturer or distributor of new pneumatic tires for construction or industrial handling vehicles and machines. The state's expertise in tire production and distribution enables it to cater to both domestic and international markets.
HS Code 40119380 represents new pneumatic tires for construction or industrial handling vehicles and machines. These tires are essential for various industries, providing stability and durability under heavy loads. Understanding the HS Code and associated tariff preference programs can help importers and exporters navigate international trade and take advantage of duty-free treatment. The importation and exportation of these tires contribute to the growth and development of industries in both importing and exporting regions.