The HS Code 40129030 refers to bicycle rim strips made of natural rubber. Rim strips are an essential component of bicycle wheels, providing protection and reinforcement to the inner tube against the spoke holes and the rim itself. This article will provide a comprehensive overview of the HS code, its product description, and the relevant information associated with it.
According to the HS code 40129030, the product in question is bicycle rim strips made of natural rubber. These rim strips are used in the construction of bicycle wheels to prevent the inner tube from being damaged by the spoke holes and the rim's edges. They provide a protective layer that helps to extend the life of the inner tube and improve overall wheel performance.
The bound or Most Favored Nation (MFN) duty rate for bicycle rim strips of natural rubber under the HS code 40129030 is free. This means that there are no import duties imposed on these products when they are traded between countries. The free duty rate applies every time a country lowers a trade barrier or opens up its market, ensuring equal treatment for all trading partners.
The quantity unit for bicycle rim strips of natural rubber is kilograms (KG). This unit of measurement is commonly used to determine the weight or quantity of products being imported or exported.
Under the HS code 40129030, bicycle rim strips of natural rubber are eligible for special tariff preference programs. The following countries or regions offer duty-free treatment for these products:
These special tariff preference programs aim to promote international trade by reducing or eliminating import duties on specific goods, such as bicycle rim strips made of natural rubber. This encourages trade between participating countries and facilitates economic cooperation.
As the HS code 40129030 is applicable to international trade, it is also relevant to consider the importing and exporting US states involved in the trade of bicycle rim strips of natural rubber. While specific data on importing and exporting states is not provided in the given information, it is essential to acknowledge that the HS code applies to all states involved in the trade of these products.
the HS code 40129030 represents bicycle rim strips made of natural rubber. These rim strips play a crucial role in protecting the inner tube and enhancing the performance of bicycle wheels. The code's duty rate is free, ensuring equal treatment for all trading partners. Additionally, various special tariff preference programs offer duty-free treatment for these products, promoting international trade and economic cooperation.
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