Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 40122010: Used Pneumatic Tires of Rubber, for Aircraft

When it comes to international trade, it is essential to have a standardized system for classifying products. The Harmonized System (HS) Code is a globally recognized system that classifies goods based on their characteristics, composition, and intended use. In this article, we will focus on HS Code 40122010, which refers to used pneumatic tires of rubber specifically designed for aircraft.

The HS Code 40122010 is used by customs authorities and traders worldwide to facilitate the smooth flow of goods across borders. By accurately classifying products, the HS Code ensures that the correct duties, tariffs, and regulations are applied to each item. This promotes fair trade practices and prevents any misclassification or misrepresentation of goods.

Used pneumatic tires of rubber, for aircraft, fall under the HS Code 40122010. These tires are specifically designed and manufactured to meet the stringent requirements of the aviation industry. They undergo rigorous testing and quality control to ensure optimal performance and safety during aircraft operations.

It is important to note that the HS Code 40122010 covers only used tires for aircraft. This distinction is crucial as it ensures that the correct duties and regulations are applied to these specialized tires. Additionally, the HS Code provides transparency and consistency in international trade, allowing both importers and exporters to know the exact classification and associated requirements for these tires.

The bound or Most Favored Nation (MFN) duty rate for HS Code 40122010 is free. This means that countries must eliminate any trade barriers or open up their markets for the same goods or services from all trading partners. By offering duty-free treatment for used pneumatic tires of rubber for aircraft, countries promote the accessibility and affordability of these essential aviation components.

The quantity unit for HS Code 40122010 is measured in numbers (NO). This unit indicates the number of individual used tires for aircraft being imported or exported. It helps customs authorities and traders accurately track and account for these specialized tires during international trade.

Furthermore, there are several special tariff preference programs that offer free trade benefits for HS Code 40122010. These programs include:

• Generalized System of Preferences (GSP) - Provides duty-free treatment for eligible products from developing countries.
• Australia Special Rate - Offers preferential treatment for goods traded between Australia and the importing country.
• Bahrain Special Rate - Provides preferential treatment for goods traded between Bahrain and the importing country.
• NAFTA for Canada - Offers duty-free treatment for goods traded between Canada and the importing country under the North American Free Trade Agreement.
• Chile Special Rate - Provides preferential treatment for goods traded between Chile and the importing country.
• Caribbean Basin Initiative (CBI) - Offers duty-free treatment for goods traded between eligible Caribbean countries and the importing country.
• Israel Special Rate - Provides duty-free treatment for goods traded between Israel and the importing country.
• Andean Trade Preference Act (ATPA) - Offers preferential treatment for goods traded between eligible Andean countries and the importing country.
• Jordan Special Rate - Provides preferential treatment for goods traded between Jordan and the importing country.
• Morocco Special Rate - Offers preferential treatment for goods traded between Morocco and the importing country.
• NAFTA for Mexico - Provides duty-free treatment for goods traded between Mexico and the importing country under the North American Free Trade Agreement.
• Oman Special Rate - Offers preferential treatment for goods traded between Oman and the importing country.
• Dominican Republic-Central American Special Rate (DR-CAFTA) - Provides preferential treatment for goods traded between eligible Central American countries, the Dominican Republic, and the importing country.
• Peru Special Rate - Offers preferential treatment for goods traded between Peru and the importing country.
• Singapore Special Rate - Provides preferential treatment for goods traded between Singapore and the importing country.

These special tariff preference programs promote trade facilitation, economic growth, and cooperation between countries. They encourage the exchange of goods and services while reducing trade barriers and increasing market access for eligible countries.

the HS Code 40122010 refers to used pneumatic tires of rubber specifically designed for aircraft. This HS Code facilitates the classification, import, and export of these specialized tires, ensuring accurate duties and regulations are applied. The bound or MFN duty rate for this HS Code is free, and there are various special tariff preference programs that offer duty-free treatment for eligible countries. By understanding and adhering to the HS Code 40122010, countries can promote fair trade practices and foster international cooperation in the aviation industry.