The HS Code 40169955 refers to articles nesoi (not elsewhere specified or included) made of noncellular vulcanized synthetic rubber, other than hard rubber. These articles are primarily used as vibration control goods in vehicles under the categories 8701 and 8705.
Noncellular vulcanized synthetic rubber is a type of rubber that has been chemically treated to increase its strength and durability. It is commonly used in various industries, including automotive, construction, and manufacturing, due to its excellent resistance to abrasion, weathering, and chemicals.
The HS code system is an internationally recognized classification system for traded goods. It is used by customs authorities and trade organizations to identify and classify products for import and export purposes. The HS code 40169955 specifically identifies articles made of noncellular vulcanized synthetic rubber, allowing for easy identification and tracking of these goods in international trade.
When importing goods classified under HS code 40169955 into the United States, a bound or most-favored-nation (MFN) duty rate of 2.5% is applied. The MFN duty rate ensures that trade barriers are lowered or eliminated, promoting fair and equal treatment for all trading partners. This means that every country must apply the same duty rate for the same goods or services from all its trading partners.
It is important to note that the quantity unit for HS code 40169955 is specified as "no units collected (X)." This means that the specific quantity or measurement unit of the goods is not collected or recorded. The absence of quantity data suggests that the focus is more on the classification and duty rate of the goods rather than their quantity or volume.
There are also special tariff preference programs available for goods classified under HS code 40169955. These programs provide preferential treatment and exemptions from duty for eligible countries. The following countries have special tariff rates for these goods:
These special tariff preference programs aim to promote trade and economic cooperation between countries by providing preferential treatment to certain goods. It is important for importers and exporters to be aware of these programs and their eligibility criteria to take advantage of the benefits they offer.
In terms of specific states within the United States that import goods classified under HS code 40169955, Nevada is the only state listed in the available data. It is important to note that the data provided may not represent the complete importation picture, as it is based on the information collected at a specific time. However, knowing the importing states can provide valuable insights into the geographical distribution of trade in these goods.
HS code 40169955 represents articles made of noncellular vulcanized synthetic rubber, other than hard rubber. These articles are used as vibration control goods in vehicles and are subject to a 2.5% bound or MFN duty rate. Special tariff preference programs also exist, providing duty-free treatment for eligible countries. Importers and exporters should be aware of the HS code classification, duty rates, and special tariff programs to effectively navigate international trade in these goods.