HS Code 41041120: Tanned Whole Bovine Skin and Hide Leather (Not Upper/Lining), w/o Hair on, Unit Surface Area n/o 2.6 sq m, in the Wet State
Tanned whole bovine skin and hide leather are essential materials used in various industries, including fashion, furniture, and automotive. The HS Code 41041120 specifically refers to this product, which is categorized based on its characteristics and purpose. In this article, we will explore the details of this HS code, including its description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting US states.
Product Description:
The product covered under HS Code 41041120 is tanned whole bovine skin and hide leather. It is important to note that this code excludes upper and lining leather. Additionally, the leather should be without hair and have a unit surface area not exceeding 2.6 square meters. The product is specified to be in the wet state, meaning it has gone through the tanning process but has not yet dried.
Bound / MFN Duty Rate:
The bound duty rate for HS Code 41041120 is 2.4%. The term "bound" refers to the maximum duty rate that a country can impose on a specific product. The Most Favored Nation (MFN) duty rate indicates the rate applied to all trading partners uniformly. 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.
Quantity Unit:
The unit of measurement for HS Code 41041120 is square meters (M2). This indicates that the quantity of the product is measured based on the total surface area of the tanned whole bovine skin and hide leather.
Special Tariff Preference Programs:
Several special tariff preference programs apply to imports under HS Code 41041120. These programs offer preferential treatment, including duty-free access, to specific countries. The eligible programs for this HS code include:
- A+ Program: Only imports from least-developed beneficiary developing countries eligible for GSP under that subheading (duty-free treatment)
- AU Program: Australia Special Rate (duty-free treatment)
- BH Program: Bahrain Special Rate (duty-free treatment)
- CA Program: NAFTA for Canada (duty-free treatment)
- CL Program: Chile Special Rate (duty-free treatment)
- D Program: Africa Growth and Opportunity Act (AGOA) (duty-free treatment)
- E Program: Caribbean Basin Initiative (CBI) (duty-free treatment)
- IL Program: Israel Special Rate (duty-free treatment)
- J Program: Andean Trade Preference Act (ATPA) (duty-free treatment)
- JO Program: Jordan Special Rate
- MA Program: Morocco Special Rate
- MX Program: NAFTA for Mexico
- OM Program: Oman Special Rate
- P Program: Dominican Republic-Central American Special Rate (DR-CAFTA)
- PE Program: Peru Special Rate
- SG Program: Singapore Special Rate
These special tariff preference programs aim to promote trade and economic development by reducing or eliminating import duties for eligible countries.
Importing US States:
The following US states are known for their imports of HS Code 41041120:
- Colorado
- Kansas
- Nebraska
- Missouri
These states have shown a significant demand for tanned whole bovine skin and hide leather. The reasons behind their import preferences could be attributed to various factors, such as local industries, manufacturing capabilities, or customer demands.
Exporting US States:
As the data provided focuses on importing US states, there is no information available regarding the exporting US states for HS Code 41041120. However, it is worth noting that the exporting states may vary depending on the specific market dynamics and supply chains.
HS Code 41041120 encompasses tanned whole bovine skin and hide leather without upper or lining, without hair, and with a unit surface area not exceeding 2.6 square meters in the wet state. The duty rates, quantity unit, special tariff preference programs, and the importing US states provide valuable insights into the trade of this product. Understanding these details is crucial for businesses involved in the import and export of tanned whole bovine skin and hide leather and helps facilitate international trade relations.
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