Raw buffalo hides and skins play an essential role in the global leather industry. These hides and skins, classified under HS Code 41019035, are not in their whole form but are pretanned. This means that they have undergone some initial processing but have not been further prepared for use.
The HS Code 41019035 is used to identify and classify these specific types of buffalo hides and skins in international trade. The HS Code system is an internationally recognized system for classifying goods, developed by the World Customs Organization (WCO). It helps facilitate trade by providing a uniform language for customs authorities to communicate and track goods.
When importing or exporting raw buffalo hides and skins categorized under HS Code 41019035, it is important to understand the associated duties and tariff preferences. The bound / MFN (Most Favored Nation) duty rate for this HS Code is 2.4%. This means that every time a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners.
The quantity unit for raw buffalo hides and skins is measured in pieces (PCS). This unit helps determine the number of individual hides or skins being traded, providing clarity and consistency in international transactions.
In terms of special tariff preference programs, raw buffalo hides and skins classified under HS Code 41019035 have various benefits in certain countries. These benefits include duty-free treatment or special rates under specific trade agreements. Some of the countries that offer these preferences for this HS Code are:
When it comes to importing raw buffalo hides and skins classified under HS Code 41019035, there are several US states that engage in trade. These states are:
These states play a significant role in the importation of these goods, contributing to the growth and development of the leather industry in the United States.
HS Code 41019035 represents raw buffalo hides and skins that have undergone pretanning but have not been further prepared. It is crucial for importers and exporters to be aware of the associated duties, tariff preferences, and special trade agreements that apply to this HS Code. Understanding the specific requirements and benefits can help facilitate smoother international trade and promote the growth of the leather industry.